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Post by EJi on Apr 1, 2021 7:30:15 GMT
All my loans are sold when I logged on this morning. It's such a relief to be away from these people.
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Post by jojo on Apr 1, 2021 9:14:12 GMT
All my loans are sold when I logged on this morning. It's such a relief to be away from these people. @eji , May ask if your loans were on the GROWTH category and if yes, what time did you request the Sell of loans ? Because i have done my request at 4.02 Pm UK on Thursday 25th of March as soon as I have received the email from LW and nothing sold yet, Much appreciated your answer Jon
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Post by EJi on Apr 1, 2021 9:30:43 GMT
All my loans are sold when I logged on this morning. It's such a relief to be away from these people. @eji , May ask if your loans were on the GROWTH category and if yes, what time did you request the Sell of loans ? Because i have done my request at 4.02 Pm UK on Thursday 25th of March as soon as I have received the email from LW and nothing sold yet, Much appreciated your answer Jon Yes, they were Growth. I listed mine for sale on Thursday 25th of March too. But I happened to notice I was able to sell the loans before I received the email from LW. I listed them for sale at 15:30 and received the email 3 minutes later. So I must have been one of the first to list.
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Post by jojo on Apr 1, 2021 9:52:10 GMT
@eji , May ask if your loans were on the GROWTH category and if yes, what time did you request the Sell of loans ? Because i have done my request at 4.02 Pm UK on Thursday 25th of March as soon as I have received the email from LW and nothing sold yet, Much appreciated your answer Jon Yes, they were Growth. I listed mine for sale on Thursday 25th of March too. But I happened to notice I was able to sell the loans before I received the email from LW. I listed them for sale at 15:30 and received the email 3 minutes later. So I must have been one of the first to list. AAhhhhh, Ok then, selling before the email clearly gives you the priority I guess :-), I think loans Volume has always been much higher start of the month and almost nothing from 29 to 31 of each month so i am not too worried that sell loans should be cleared out up to next Tuesday with the long Week end. Otherwise will have to a spreadsheet like ratesetters queue sell loans :-) Thanks for the answer Jon
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criston
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Post by criston on Apr 1, 2021 11:58:20 GMT
Out of our 2 growth accounts, one has sold. Total charges/fees 6.22%. 16% unsaleable.
I sold out on both accounts within minutes around 30 minutes after email as far as I remember.
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mogish
Member of DD Central
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Post by mogish on Apr 1, 2021 13:11:30 GMT
Out of our 2 growth accounts, one has sold. Total charges/fees 6.22%. 16% unsaleable. I sold out on both accounts within minutes around 30 minutes after email as far as I remember. Out of interest, were your loans pre 2018? My charge was around 3.7%.
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criston
Member of DD Central
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Post by criston on Apr 1, 2021 14:21:59 GMT
Out of our 2 growth accounts, one has sold. Total charges/fees 6.22%. 16% unsaleable. I sold out on both accounts within minutes around 30 minutes after email as far as I remember. Out of interest, were your loans pre 2018? My charge was around 3.7%. Some were I believe.
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criston
Member of DD Central
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Post by criston on Apr 1, 2021 17:57:03 GMT
Interesting that the second account, set to sell a few minutes after the first account, has not sold after 5 hours.
Could indicate an overwhelming amount of selling, shortly after the email.
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mogish
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Post by mogish on Apr 1, 2021 18:55:08 GMT
I was told today that all loans for sale woud be done by 4pm( none of my loans have sold) , if not then over the weekend. I somehow doubt that, as much as all the staff are polite, i cant help feeling they are telling me porkies just to get me off the phone.
Apart from talk talk telecoms, i dont think i have ever dealt with such a poor company as LW.
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criston
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Post by criston on Apr 2, 2021 7:38:40 GMT
Second account sale went through overnight, with 23% left unsaleable.
Now to see how long it takes to clear the large remnants by either Shield, selling or borrower repayments
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Post by Ace on Apr 2, 2021 8:07:39 GMT
My sale went through overnight.
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Post by essexboy on Apr 2, 2021 9:25:29 GMT
Sorry if this is a silly question, but does anyone know why some loans are not available to sell?
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starfished
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Post by starfished on Apr 2, 2021 9:43:36 GMT
Yes, they were Growth. I listed mine for sale on Thursday 25th of March too. But I happened to notice I was able to sell the loans before I received the email from LW. I listed them for sale at 15:30 and received the email 3 minutes later. So I must have been one of the first to list. Do you mind me asking, what email you are referring to? I'm not looking to sell but the only email I received from them stated " We’re pleased to announce that the loan sale feature will be available from Wednesday 7 April"
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benaj
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Post by benaj on Apr 2, 2021 9:44:00 GMT
TBH, I have no idea how big is the queue at the moment.
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Post by Ace on Apr 2, 2021 10:28:39 GMT
Yes, they were Growth. I listed mine for sale on Thursday 25th of March too. But I happened to notice I was able to sell the loans before I received the email from LW. I listed them for sale at 15:30 and received the email 3 minutes later. So I must have been one of the first to list. Do you mind me asking, what email you are referring to? I'm not looking to sell but the only email I received from them stated " We’re pleased to announce that the loan sale feature will be available from Wednesday 7 April" There was an email from LW on 25th March to all those that had active sale requests pending when they stopped them. It allowed us to restart our sale requests before they were opened up to others on 7th April.
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