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Post by multiaccountmanager on Aug 2, 2021 16:25:15 GMT
Receiving Auto-invest allocations in a loan that has not appeared on the "to be funded" list.
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Post by Ace on Aug 2, 2021 16:32:28 GMT
Receiving Auto-invest allocations in a loan that has not appeared on the "to be funded" list. Me too. Also says its paying 15%! Something afoot at CP towers I Assume.
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dave4
Member of DD Central
Cynical is a hobby not a lifestyle
Posts: 998
Likes: 569
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Post by dave4 on Aug 2, 2021 16:56:07 GMT
E mail recieved from CP towers Regarding Auto lend location, Ooooopppppssss sorry.  |
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baldpate
Member of DD Central
Posts: 548 
Likes: 406
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Post by baldpate on Aug 2, 2021 17:03:19 GMT
It was showing as a 2nd charge loan @15%. I phoned them as soon as I saw it, and was told that they had been trialling something that 'escaped' onto the retail platform in error. Now all rolled back.
Don't entirely believe the explanation. I rather think the project has got into difficulties (not yet admitted to retail lenders) and needs additional funds reach to completion, which is being funded by some non-retail investors at an eye-watering rate against a second charge. Pure supposition, of course - but it makes for a good conspiracy theory, doesn't it  ?
Either that, or they need to sack the IT director for authorising experimentation on the production platform.
EDIT havn't got the email yet. I look forward to the spin!
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Post by brummiefred on Aug 2, 2021 17:30:13 GMT
At around 17:15 today we may have sent you an email in error about making an AutoInvest pledge.
This email was sent out in error and you have not just made an AutoInvest pledge. We are sorry if this has been an inconvenience.
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Ukmikk
Member of DD Central
Posts: 445
Likes: 298
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Post by Ukmikk on Aug 2, 2021 18:08:35 GMT
More amateurism from CP.
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ton27
Member of DD Central
Posts: 431
Likes: 267
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Post by ton27 on Aug 4, 2021 8:19:23 GMT
Yes and very concerning - there have been a few errors recently.
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