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Post by uksoul on Jan 19, 2022 15:10:56 GMT
Mine is from as ISA with funds already held at PropLend Do not recall seeing any emails and logged into my email server dashboard and last failed email from anyone was 11th Jan so perhaps they did not email lenders at all ? Self select lenders not informed along with unsuccessful autolenders.
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eeyore
Member of DD Central
Posts: 746
Likes: 737
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Post by eeyore on Jan 19, 2022 16:30:18 GMT
Hello, I have just joined the forum to comment on this thread. I am a 'Self-select' investor because I don't like to have unallocated money sitting around on Proplend for an indeterminate amount of time. I asked Proplend Admin what happened to the B tranche and was told it was all funded off platform. I am not happy that it wasn't offered to Proplend investors .. thoughts please? Welcome to the forum! Proplend apparently change the system and procedures arbitrarily if it benefits Proplend - it's their system and the lenders should accept this policy before investing. For AlwaysOn AutoLend clients, who have to keep at least £1k in their cash accounts on the off-chance a loan might become available, it's even more galling when the availability of a TrancheA loan is even further depleted by Proplend "reserving" part of it for Self-Select lenders who haven't had to keep funds lying idle. So with Proplend it's " like it or lump it" - I voted with my feet early last year.
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Post by goodmonkey on Jan 19, 2022 16:36:23 GMT
Hmmm .... yes, they've been making grumpy for some time now. Thanks for the welcome!
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qwakuk
Member of DD Central
Posts: 242
Likes: 91
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Post by qwakuk on Jan 19, 2022 17:21:27 GMT
Mine is from as ISA with funds already held at PropLend Do not recall seeing any emails and logged into my email server dashboard and last failed email from anyone was 11th Jan so perhaps they did not email lenders at all ? Self select lenders not informed along with unsuccessful autolenders. Well now its disappeared altogether ?
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ukinvestor
Member of DD Central
Posts: 116
Likes: 34
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Post by ukinvestor on Jan 19, 2022 22:51:09 GMT
Nope. Completely quiet Are you on autolend? Yes - of course and with sufficient funds in the account for some time now
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dave4
Member of DD Central
Cynical is a hobby not a lifestyle
Posts: 1,008
Likes: 574
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Post by dave4 on Jan 19, 2022 23:09:23 GMT
Yes - of course and with sufficient funds in the account for some time now Not deliberately fanning the flames I emptied my auto funds over crimbo holls, and topped back up on 15th.
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Post by uksoul on Jan 19, 2022 23:14:21 GMT
Self select lenders not informed along with unsuccessful autolenders. Well now its disappeared altogether ? DD has been completed and it is now under completed loans
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Post by uksoul on Jan 19, 2022 23:15:41 GMT
Yes - of course and with sufficient funds in the account for some time now large numbers of investors now on autolend so that no longer a guarantee a chunk
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qwakuk
Member of DD Central
Posts: 242
Likes: 91
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Post by qwakuk on Jan 20, 2022 10:38:58 GMT
Well now its disappeared altogether ? DD has been completed and it is now under completed loans not for me, although it was showing as allocated yesterday afternoon ?
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Post by uksoul on Jan 20, 2022 11:45:39 GMT
DD has been completed and it is now under completed loans not for me, although it was showing as allocated yesterday afternoon ? That`s weird...isometimes upon completion a bid can be rejected if oversubscribed. Usually an email is sent if your loan failed..
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