Is AC the worst P2P platform on the market?

If we were March 2020 I would use the facility - The facility they have taken AGEs to build is no use anymore for the large majority in my opinion. The people selling their loans at a discount will free up the queue and help the rest of us selling at PAR. Those selling at large discounts are either desperate for cash or a bit dim in my opinion.

Seems rather a silly thing to have on the platform now that it is apparent the UK government is throwing all sorts of stimulus and support to people in the UK, overtime the businesses will recover and most loans will be paid back in full is my assessment of things. The loans that default will likely be covered by the excess cash buffer.


The people at AC just need to continue doing what they have been doing the last few weeks - allow withdrawals on a pro-rated basis, stop fiddling with the system. It was working! I don't want to come here and have a rant, just let the thing work as it has been!

Only been to the one and its adoption of carpets when pretty much every other boozer I've frequented has taken the 'stripped floorboards' approach (original or otherwise) is what made it remarkable.

I thought at the time that perhaps the Big Boss felt having dark carpets which absorbed and hid the various fluids it would have to deal with was a good thing ....  

(Bristol Waterfront and it was a few years ago now.  Maybe they've seen the folly of their ways and reverted to type - a 'Spoons is still a 'Spoons however plush the flooring.)

We will see if the AA marketplace makes any difference- but I applaud AC for trying something new (and I already can hear the criticism from some quarters when it doesn't function exactly as they would like it immediately). 
Reverting to the title of the thread I view AC as one of the better run platforms. We have all seen a lengthy list of platforms crash and burn, and those that have survived have had to adapt, innovate, change- and in doing so have inevitably pi$$ed some investors off. That is what happens when a once-in-a-hundred (or whatever you want) year event happens. 
Management quality across all platforms was, to put it nicely, mixed- AC's management to my eye seem to have learnt the hard way battling tough conditions.
Whatever management teams do they will not satisfy everybody. They that thought they were getting a risk-free-savings rate some 50 times greater than that they got from their high street bank are more comfortable blaming the management rather than themselves.
AA management may not be titans of industry, but I think they score a decent B- (and in today's world, you don't sit exams to get exam grades!).

12% and more return ads are still popping up on social media ect. In Fact more and more as the world economy burns??? Apparently wind /solar/ wave, meds, trees, agri, land on a foreign barren hillside for holl let's,timeshare ect are still where the real returns are now .......

Bumper day? All the repayments?

The dribble of my withdrawals from the 90 day notice account has reached more than 200 days from the request, and Wednesday's bumper instalment was 1.4% of the request size

Maybe you've got that timing wrong, or are talking only about possibly dodgy deals.

It is fact that there was a time when the feed-in tariffs offered wind turbines and solar in the order of 14% return on capital, as I saw in the prospective details for the solar on a friend's workshop roof (and it is subsequently paying that).

So, with returns of 14%, lending them money at 8% to help their gearing might have seemed a relatively agreeable idea. Unfortunately it transpired that the last round of wind turbines on AC's platform have not existed. I later asked AC about their processes of due diligence on the way into these deals. Does that make me dumb, or AC itself on our behalf?