criston
Member of DD Central
Posts: 1,204
Likes: 628
|
Post by criston on Mar 28, 2021 8:50:15 GMT
Anyone had partial or full loan sales yet.
|
|
|
|
Post by Ace on Mar 28, 2021 10:34:59 GMT
Anyone had partial or full loan sales yet. Nope, progress is still zero for me.
|
|
jlend
Member of DD Central
Posts: 1,840
Likes: 1,465
|
Post by jlend on Mar 28, 2021 10:58:48 GMT
My sellable Flex loans appear to have sold and the money was there to withdraw,now transferred to my bank account.
I can see the transactions in the downloadable spreadsheet. This is how they appear to me:
"Chunk reassigned via Quick Withdraw"
The "Loan sale progress" hasn't updated to show the sales for me for some reason.
No sale from the Growth account has yet gone through for me for the Sellable loans. I seem to remember there were two distinct queues on Lending Works for the Flex and Growth accounts.
I must say I had very little left as I think I was one of the last to sell out the majority of my loan book just prior to the lock down.
Curious to know if others have seen any sales from the flex account. I have heard a friend has experienced the same as me in terms of the flex and growth queues.
|
|
criston
Member of DD Central
Posts: 1,204
Likes: 628
|
Post by criston on Mar 29, 2021 10:09:35 GMT
Somebody sent me a PM in CONFIDENCE, and asked me to only say they have had their money returned UNEXPECTANTLY. There are further details I cannot disclose.
|
|
|
|
Post by Ace on Mar 29, 2021 10:38:04 GMT
Somebody sent me a PM in CONFIDENCE, and asked me to only say they have had their money returned UNEXPECTANTLY. There are further details I cannot disclose. Are you sure that this "unexpected" return of funds isn't due to having the lending settings set to withdraw monthly, which automatically repays any returns on the 28th of each month?
|
|
criston
Member of DD Central
Posts: 1,204
Likes: 628
|
Post by criston on Mar 29, 2021 10:42:20 GMT
Somebody sent me a PM in CONFIDENCE, and asked me to only say they have had their money returned UNEXPECTANTLY. There are further details I cannot disclose. Are you sure that this "unexpected" return of funds isn't due to having the lending settings set to withdraw monthly, which automatically repays any returns on the 28th of each month? The poster will be reading here & can let me know what I can disclose in answer to any questions raised.
|
|
criston
Member of DD Central
Posts: 1,204
Likes: 628
|
Post by criston on Mar 29, 2021 11:52:32 GMT
Somebody sent me a PM in CONFIDENCE, and asked me to only say they have had their money returned UNEXPECTANTLY. There are further details I cannot disclose. Are you sure that this "unexpected" return of funds isn't due to having the lending settings set to withdraw monthly, which automatically repays any returns on the 28th of each month? The poster says - It was NOT a monthly withdrawal, it was UNEXPECTED, it had been REQUESTED, the same as 'jlend' above.
|
|
mogish
Member of DD Central
Posts: 1,105
Likes: 527
|
Post by mogish on Mar 30, 2021 9:33:08 GMT
Anyone had partial or full loan sales yet. Any progress yet? I was told 5 days max. Really need to transfer this to another provider by. new tax year Bit surprised it hasnt been sold yet as apparently there are a lot of investors waiting .
|
|
|
|
Post by EJi on Mar 30, 2021 11:19:58 GMT
I was hoping to get mine back too before the end of the tax year. They'll be hanging on to it for as long as possible so they can take more capital back to prop up their shield. I'm still getting repayments into my wallet minus capital even though it's all for sale (all except 1% trapped).
|
|
|
|
Post by Ace on Mar 30, 2021 12:05:07 GMT
Anyone had partial or full loan sales yet. Any progress yet? I was told 5 days max. Really need to transfer this to another provider by. new tax yearBit surprised it hasnt been sold yet as apparently there are a lot of investors waiting . My bold. Why would it be important to transfer to another provider this tax year? ISA transfers don't count against one's yearly allowance.
|
|
criston
Member of DD Central
Posts: 1,204
Likes: 628
|
Post by criston on Mar 30, 2021 12:08:12 GMT
But is it from the Classic Account
|
|
mogish
Member of DD Central
Posts: 1,105
Likes: 527
|
Post by mogish on Mar 30, 2021 14:36:33 GMT
Why would it be important to transfer to another provider this tax year? ISA transfers don't count against one's yearly allowance.[/quote]
I'm transferring to an account that still can be added to at the original Interest rate. After the end of this tax year the account will not allow new funds.
|
|
|
|
Post by EJi on Mar 30, 2021 15:23:54 GMT
Mine isn't in an isa. I still have allowance left elswhere for this tax year and want to top it up with the money I get back from LW. If I get it in time.
|
|
mogish
Member of DD Central
Posts: 1,105
Likes: 527
|
Post by mogish on Mar 30, 2021 15:39:57 GMT
Unfortunately if the loan sale is not completed in the next 2 days then it will probably miss transfer for this year.
|
|
|
|
Post by oppsididitagain on Apr 1, 2021 7:22:32 GMT
I had some loan sales overnight, in both classic and ISA accounts
The ISA sales are still in my holding account so I will be able to transfer these to another ISA provider and hopefully earn more than ZERO this year
|
|
