warn
Member of DD Central
Curmudgeon
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Post by warn on Jun 2, 2021 16:55:58 GMT
The two latest loans (both internal refi's) No#s 1410 & 1411 both drawn by borrowers.
I had a £5 MLA request in #1411 but not fulfilled as yet despite the fact that I can see I'm holding it in AA's (clearly the "Underwriter")
Presumably AA will get around to offering at least part of these loans to MLA. Is there a "usual" timescale for that? I can't remember from past occasions.
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Post by df on Jun 2, 2021 17:55:10 GMT
The two latest loans (both internal refi's) No#s 1410 & 1411 both drawn by borrowers.
I had a £5 MLA request in #1411 but not fulfilled as yet despite the fact that I can see I'm holding it in AA's (clearly the "Underwriter")
I took it seriously and transferred some funds from QAA to MLA in order to get a slice of each. They should've specified in the e-mail that these two loans are not available on MLA. It would've been fine under old system when uninvested cash in MLA was swept...
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Post by Ton ⓉⓞⓃ on Jun 2, 2021 19:16:49 GMT
The two latest loans (both internal refi's) No#s 1410 & 1411 both drawn by borrowers. I had a £5 MLA request in #1411 but not fulfilled as yet despite the fact that I can see I'm holding it in AA's (clearly the "Underwriter")
Presumably AA will get around to offering at least part of these loans to MLA. Is there a "usual" timescale for that? I can't remember from past occasions. I suppose there's nothing usual at the moment.
The two latest loans (both internal refi's) No#s 1410 & 1411 both drawn by borrowers. I had a £5 MLA request in #1411 but not fulfilled as yet despite the fact that I can see I'm holding it in AA's (clearly the "Underwriter")
I took it seriously and transferred some funds from QAA to MLA in order to get a slice of each. They should've specified in the e-mail that these two loans are not available on MLA. It would've been fine under old system when uninvested cash in MLA was swept... I guess they (AC) want the PFs to recover from these all time lows. It would save them from pumping in some extra cash to stop the AA's locking up on particular loans etc. I say, carry on with it.
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trium
Member of DD Central
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Post by trium on Jun 3, 2021 14:05:25 GMT
Both of these were subject to auctions which closed before I even saw the email. I'm very anxious to add diversity to my loans as so many have repaid over the last year and more, but it seems you have to watch like a hawk or miss out.
I'm particularly cheesed about the Br******* loan as I have £250 in the current loan which this new one will replace, so I'm basically forced out.
Edit - my mistake. The Br******* loans are separate.
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warn
Member of DD Central
Curmudgeon
Posts: 605
Likes: 632
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Post by warn on Jun 7, 2021 16:44:58 GMT
The two latest loans (both internal refi's) No#s 1410 & 1411 both drawn by borrowers.
I had a £5 MLA request in #1411 but not fulfilled as yet despite the fact that I can see I'm holding it in AA's (clearly the "Underwriter")
Presumably AA will get around to offering at least part of these loans to MLA. Is there a "usual" timescale for that? I can't remember from past occasions. As expected (or at least hoped for), a portion of these loans was sold to MLA investors this afternoon.
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mogish
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Post by mogish on Jun 7, 2021 16:52:25 GMT
Not sure if I'm posting this in the correct place... anyway I invested 3500 on friday, just recieved the email update, checked account and the entire 3500 is back in the cash account. Have I missed something?
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dave4
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Cynical is a hobby not a lifestyle
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Post by dave4 on Jun 7, 2021 17:01:21 GMT
AC is full, Check today's e mail.
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mogish
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Post by mogish on Jun 7, 2021 17:50:25 GMT
AC is full, Check today's e mail. So when was the e mail sent?i only recieved it today. Money was accepted from cash ac to 30 daa.3 days later its back in cash. Presume the had a big influx of investments over the weekend.
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dave4
Member of DD Central
Cynical is a hobby not a lifestyle
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Post by dave4 on Jun 7, 2021 18:00:45 GMT
Today about 16.30 ish.
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Post by df on Jun 7, 2021 18:10:04 GMT
AC is full, Check today's e mail. So when was the e mail sent?i only recieved it today. Money was accepted from cash ac to 30 daa.3 days later its back in cash. Presume the had a big influx of investments over the weekend. I've received mine at 17:15 today. My AA holding was reduced by 64% It is ironic, not long ago people were queuing to get out... They've made the right decision (imo). No point paying interest on cash that's not needed.
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dave4
Member of DD Central
Cynical is a hobby not a lifestyle
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Post by dave4 on Jun 7, 2021 18:14:39 GMT
Another e mail released 19.00 ish
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Jun 7, 2021 18:31:40 GMT
Hope they've given the required notice period for a withdrawal 😂🤣
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Post by Ton ⓉⓞⓃ on Jun 7, 2021 19:38:20 GMT
And conveniently it means more money going into the pf. I'm not complaining when I say this.
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m2btj
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Post by m2btj on Jun 8, 2021 10:22:16 GMT
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Post by Ton ⓉⓞⓃ on Jun 8, 2021 16:45:57 GMT
The words in the link itself, above, give 75% of the story. £100's of millions will be whittled down to 10's of millions I should think?
Still great to see.
I'm feeling relatively positive about the economy, much more positive than I thought I'd be at the beginning of all this. I was thinking about being extremely selective when the first MLA loans started to come thru' but I don't think I need to be so selective.
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