m2btj
Member of DD Central
Posts: 622 
Likes: 740
|
Post by m2btj on Nov 11, 2021 14:39:20 GMT
A new All time LOW of£30 Auto invest pledge today. The only upside is, we won't be crying too much if the loan goes belly up!
|
|
dave4
Member of DD Central
Cynical is a hobby not a lifestyle
Posts: 931
Likes: 527
|
Post by dave4 on Nov 11, 2021 15:54:15 GMT
A new All time LOW of£30 Auto invest pledge today. Bizarre, I got £103.62 today, only £250 odd cash on the system, but autoinvest is set at something over £3k from memory Where all equal, just some qwakuk more than others.
|
|
Ace
Member of DD Central
Posts: 4,551
Likes: 5,040
Member is Online
|
Post by Ace on Nov 11, 2021 15:58:42 GMT
Looks like it was fractionally above 3% of maximum pledge size with a £30 minimum.
So, anyone with a maximum pledge size of £991 or less will have been allocated £30.
|
|
ton27
Member of DD Central
Posts: 430
Likes: 267
|
Post by ton27 on Nov 11, 2021 16:18:35 GMT
I also got 3%.
|
|
Ace
Member of DD Central
Posts: 4,551
Likes: 5,040
Member is Online
|
Post by Ace on Nov 30, 2021 10:07:48 GMT
Plenty of availability in today's loan. There was still ~£20k left after 5 minutes when second bites were allowed.
|
|
Ace
Member of DD Central
Posts: 4,551
Likes: 5,040
Member is Online
|
Post by Ace on Dec 17, 2021 11:31:09 GMT
When I was checking on my CP account just now, I noticed there was around £14k available in the 60-64 C*n St loan. I quickly pledged my unallocated funds to it (a relatively small amount) then moved to another account that I manage for someone else. Alas there was no longer any availability by the time I logged in (a few seconds later).
I'm not gloating, just pointing out that it's worth checking in occasionally to see if there is any availability outside of expected loan releases. This isn't the first time I've gotten lucky. I presume that it was due to a lender cancelling, or failing to provide funds for, a large pledge.
|
|
Ace
Member of DD Central
Posts: 4,551
Likes: 5,040
Member is Online
|
Post by Ace on Jan 13, 2022 21:16:38 GMT
Just £45 allocated from today's loan. That's less that 0.8% of my requested maximum amount. I guess a large wall of funds has built up over the holiday lul.
This platform really has become very popular. A new record number of lenders in the loan at 2478.
Should get more tomorrow as the loan is a fair bit larger (£400K v today's £245k), and the number of upcoming loans looks good at 20 loans in the next 4 weeks. All subject to change of course.
|
|
markyg61
Member of DD Central
Posts: 329
Likes: 230
|
Post by markyg61 on Jan 14, 2022 14:53:35 GMT
Just £45 allocated from today's loan. That's less that 0.8% of my requested maximum amount. I guess a large wall of funds has built up over the holiday lul. This platform really has become very popular. A new record number of lenders in the loan at 2478. Should get more tomorrow as the loan is a fair bit larger (£400K v today's £245k), and the number of upcoming loans looks good at 20 loans in the next 4 weeks. All subject to change of course. £45 for yesterdays and £50 for todays Looks like £500k is the starting point for manual loans now 
|
|
Ace
Member of DD Central
Posts: 4,551
Likes: 5,040
Member is Online
|
Post by Ace on Jan 14, 2022 15:38:37 GMT
Just £45 allocated from today's loan. That's less that 0.8% of my requested maximum amount. I guess a large wall of funds has built up over the holiday lul. This platform really has become very popular. A new record number of lenders in the loan at 2478. Should get more tomorrow as the loan is a fair bit larger (£400K v today's £245k), and the number of upcoming loans looks good at 20 loans in the next 4 weeks. All subject to change of course. £45 for yesterdays and £50 for todays Looks like £500k is the starting point for manual loans now  Today's allocation was ~2.7% of one's maximum pledge size, with a minimum allocation of £50 (I.e. anyone with a maximum pledge size of ~£1,850 or less got a £50 allocation). There were 137 fewer lenders in today's loan. Presumably, yesterdays loan mopped up a few accounts with only a small amount of cash to lend. One of the accounts I manage has gone from fully invested recently to having 12% of cash unallocated. At today's rate it would take 22 loans to get back to fully invested, assuming no interest or repayments are made in that time. If I take scheduled repayments into account that rises to 29 loans. I used to skip lower rate loans, and still do sometimes, but looks like I may need to accept them now, unless I can get some manual allocations. Interestingly (at least to me) it would take 185 loans at today's allocation rate for a new lender to get their funds fully deployed using autolend (assuming no repayments during that time). That's more that the total number of loans that they curated last year (150).
|
|
alibaba
Member of DD Central
Posts: 341
Likes: 244
|
Post by alibaba on Jan 14, 2022 16:27:25 GMT
very odd I transferred £500 in yesterday and the whole amount was allocated, never known this to happen before.
|
|
|
|
Post by overthehill on Jan 14, 2022 17:19:32 GMT
very odd I transferred £500 in yesterday and the whole amount was allocated, never known this to happen before.
So with Ace's allocation figure of 2.7% , your maximum pledge was 18,518.518518518518518518518518519. More than one thing odd about that repeating number.
Or have you found another gremlin?
|
|
alibaba
Member of DD Central
Posts: 341
Likes: 244
|
Post by alibaba on Jan 15, 2022 10:11:13 GMT
My maximum pledge size is £12,803.27, to be honest navigating and understanding the site totally baffles me, I have been using the platform from the early days and it is one of my best p2p sites, my decisions are based on purely gut instinct, I rely on Ace and others for a more detailed and in depth analysis.
|
|
eeyore
Member of DD Central
Posts: 652
Likes: 622
|
Post by eeyore on Jan 15, 2022 11:59:20 GMT
£45 for yesterdays and £50 for todays Looks like £500k is the starting point for manual loans now ....... Interestingly (at least to me) it would take 185 loans at today's allocation rate for a new lender to get their funds fully deployed using autolend (assuming no repayments during that time). That's more that the total number of loans that they curated last year (150). Sorry, I don't understand how you've arrived at that number of loans. Surely the time it will take to deploy funds using autolend (assuming c£50/loan) depends on the sum deposited into the cash account? Depositing tranches of the minimum of £500 into the account should each be fully deployed with just 10 loans - that's how it worked for me over the last twelve months (now that I've abandoned trying to invest manually).
|
|
Ace
Member of DD Central
Posts: 4,551
Likes: 5,040
Member is Online
|
Post by Ace on Jan 15, 2022 16:45:56 GMT
....... Interestingly (at least to me) it would take 185 loans at today's allocation rate for a new lender to get their funds fully deployed using autolend (assuming no repayments during that time). That's more that the total number of loans that they curated last year (150). Sorry, I don't understand how you've arrived at that number of loans. Surely the time it will take to deploy funds using autolend (assuming c£50/loan) depends on the sum deposited into the cash account? Depositing tranches of the minimum of £500 into the account should each be fully deployed with just 10 loans - that's how it worked for me over the last twelve months (now that I've abandoned trying to invest manually). Sorry eeyore, there was an unstated assumption that someone wanted to deploy sufficient funds that the 2.7% allocation would be more than the £50 minimum. E.g. if someone wanted to deploy £10k and they set their maximum pledge size to the highest allowed (20% of £10k = £2k), then they would get £54 per loan (2.7% of £2k). It would take 185 loans to deploy the £10k at £54 per loan.
|
|
eeyore
Member of DD Central
Posts: 652
Likes: 622
|
Post by eeyore on Jan 15, 2022 18:14:56 GMT
Sorry eeyore , there was an unstated assumption that someone wanted to deploy sufficient funds that the 2.7% allocation would be more than the £50 minimum. E.g. if someone wanted to deploy £10k and they set their maximum pledge size to the highest allowed (20% of £10k = £2k), then they would get £54 per loan (2.7% of £2k). It would take 185 loans to deploy the £10k at £54 per loan. Ace, thanks for the explanation - I think I understand enough to still believe that the simplest and most efficient approach is to 'drip feed' my cash account with £500 whenever the balance drops below £50! (And I'd still have £6k out of the £10k sitting in my savings accounts/Loanpad/AC-QAA/etc earning interest.) On the basis of your figures, it would take c15 months to invest £10k, but if the average lifetime of a CrowdProperty loan is less than 15 months, the recycling of repaid capital would mean that the maximum that any single account ( using autolend alone) could invest in CrowdProperty loans is less than £10k. Hmmm...
|
|
