awk
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Post by awk on Nov 28, 2023 16:08:55 GMT
Got the email, but zero money in the account and no new comments on ‘bad debt’ loans since 2021.
Maybe everyone got the email even if they aren’t getting any new money
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benaj
Member of DD Central
N/A
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Post by benaj on Nov 28, 2023 16:22:56 GMT
Not all my FC accounts got email today. Anyway, the site cannot handle the volume of people checking their accounts well. Some of my other accounts got 60p, 80p, etc. More wonky vegetables I suppose.
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rogerthat
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Post by rogerthat on Nov 28, 2023 16:23:46 GMT
Got the email, but zero money in the account and no new comments on ‘bad debt’ loans since 2021. Maybe everyone got the email even if they aren’t getting any new money Tried looking in this months transaction statements..if you have any ?
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rogerthat
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Post by rogerthat on Nov 28, 2023 16:26:03 GMT
I'm pleased to say I received a 3 figure sum  £1.25 ? Can you put the loan numbers that your payment referred to and /or the loan name (disguised if you have to ) ?..it may save some of us looking. Still can't log in at 16.30
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michaelc
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Say No To T.D.S.
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Post by michaelc on Nov 28, 2023 16:57:17 GMT
Here's my 3 figure sum:
£4.12
Don't we need to wait until the end of tomorrow to be sure this doesn't increase?
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Post by overthehill on Nov 28, 2023 17:04:58 GMT
Still better than below for about £60 of loans. The rest of the defaults were sold to a third party, don't recall what average return I got. Apparently my annualized return from FC was 6.8%.
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Post by Ace on Nov 28, 2023 17:14:27 GMT
Website is now back up to speed for me, but transaction statements aren't currently available.
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rogerthat
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Post by rogerthat on Nov 28, 2023 17:50:54 GMT
28/11/23 Well as far as I can deduce FC have sold certain loans (debts) to a third party and whatever payments (I've) received on the following loan numbers, is an end to the matter. 527...... This loan has been sold to a third party. You have received the final recovery payment for this loan and there will be no further payments or updates related to this loan. 3349...... Ditto 3512...... Ditto + minus any legal costs which have been deducted in accordance with the Investor Terms and Conditions. 4613...... Ditto 5180...... Ditto + minus any legal costs which have been deducted in accordance with the Investor Terms and Conditions. 6261...... Ditto + minus any legal costs which have been deducted in accordance with the Investor Terms and Conditions. 8517...... This loan has been sold to a third party. You have received the final recovery payment for this loan and there will be no further payments or updates related to this loan. The amount I've got probably wouldn't pay for a taxi into town but the capital involved would have provided me with a nice holiday somewhere  |
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rogerthat
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Post by rogerthat on Nov 28, 2023 18:01:54 GMT
Here's my 3 figure sum: £4.12 Don't we need to wait until the end of tomorrow to be sure this doesn't increase? 'We are writing to let you know that additional funds will be available in your Account within the next business day, following a sale of defaulted loans by Funding Circle on 27 November 2023' See what you mean...are you suggesting that those funds from the sale are NOT already on the system ?
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agent69
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Post by agent69 on Nov 28, 2023 18:14:44 GMT
I'm in 1255, 1469, 2454, 3032, 30076, 43017, 45917, 46286, 47393, 47408 and 48596. Off to Bali at the weekend, so hopefully this might pay for a cup of coffee in Starbucks at Heathrow.
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michaelc
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Say No To T.D.S.
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Post by michaelc on Nov 28, 2023 21:10:34 GMT
I'm in 1255, 1469, 2454, 3032, 30076, 43017, 45917, 46286, 47393, 47408 and 48596. Off to Bali at the weekend, so hopefully this might pay for a cup of coffee in Starbucks at Heathrow. You're going economy? Ouch !
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michaelc
Member of DD Central
Say No To T.D.S.
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Post by michaelc on Nov 28, 2023 21:11:13 GMT
Here's my 3 figure sum: £4.12 Don't we need to wait until the end of tomorrow to be sure this doesn't increase? 'We are writing to let you know that additional funds will be available in your Account within the next business day, following a sale of defaulted loans by Funding Circle on 27 November 2023' See what you mean...are you suggesting that those funds from the sale are NOT already on the system ? Yes - not sure though.
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keitha
Member of DD Central
2024, hopefully the year I get out of P2P
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Post by keitha on Nov 28, 2023 21:50:42 GMT
Mine is still going up but £32 so far, under 10p in the £ of the defaulted loans that could produce recoveries
edit 23:00 now over £40
need a little more and I can withdraw £100 before Christmas, that would be nice a good bottle of red and a bottle of fizz , and a toast to all my fellow investors who may be cheered by this development.
hopefully tomorrow will be able to get at transactions and do a list of my sold loans with what had been recovered and what new has been recovered
9:40 om 29th £53
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Post by spareapennyor2 on Nov 29, 2023 9:27:25 GMT
10563 14918 total £14.47
Recent Loan Comments
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keitha
Member of DD Central
2024, hopefully the year I get out of P2P
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Post by keitha on Nov 29, 2023 9:37:06 GMT
Reached the £100
as I've always withdrawn round amounts the 2 sides of the summary have always been the same last 4 digits until today when they are out by a about £2.40, assuming different parts of the database aren't in sync.
Can't see transactions as "fixes" being applied to the database.
I guess I and others will be left with a rump of slow recoveries, and those that have defaulted in the last year or so. and I'd guess some where the business and PG have both gone .
Shocking how excited we (I) am getting that at the moment it looks like I will get back an additional 12% of my "live" defaults
12:00 still no transaction statements but the 2 halves of the summary screen are back in sync ( and at the higher figure )
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