Did you realise that you can see all the completed auctions by selecting "archive" in the search filter for investment opportunities? If you look at the last page you see all today's auctions and all the bids.
I got a bit of stick from the local lenders, as they want to be able to get the best rate loans without risking being put into very low rate ones.
My main point in all this is that isePankur needs to make the procedures clear so that we all have a chance to invest in a fair to all manner. If we are left in the dark I am afraid that new members setting up profiles will only get the left overs and become disillusioned and leave the platform.
Just an update on this issue. isePankur have now made the loan applications invisible for 20 minutes until the profile bidding is finished. Unfortunately this has not solved the problem as there are RSS-feeds and emails available to old profiles with links direct to the loans, so manual bids are still being made. There is to be a site update which will hopefully sort this out.
jamesfrance I have to say thanks for highlighting this issue and chasing it through. After spending several hours of scrutiny of a fair quantity of existing loans I made a few drastic changes to my profiles. The quality of the loans I have been picking up in the last few days appears to be far better ........ time will tell of course!
It is possible that all the loopholes have now been closed. We will see for certain tomorrow, but I have been in touch with IP and there was another way of getting into the loans as well as those mentioned in my last post. From observing the behaviour of the most persistent offender today I think his route now been blocked. The emails are no longer appearing after 2 this morning, so that way has been stopped as well as the RSS-feeds.
I have restarted my profiles as I have full confidence in the determination of the management to deal with this issue.
Edit: A full day has now passed, the profiles are investing as they should be, so the problem is finally sorted. The final method used was to enter a low interest 5€ profile bid for the top rated loans, then a link from the page showing new bids gave access to the loan while the profiles were not completed, so other bids could be made.
Last Edit: Jan 10, 2014 17:00:46 GMT by JamesFrance: Update