acky
Posts: 481 
Likes: 262
|
Post by acky on Feb 22, 2016 9:14:49 GMT
Is it just me or have other people got pages of 'Processing' loans from last night? Maybe Failed Calendars are having a practice run for next weekend. The 29th Feb is almost certain to cause a major blip in the system. (Technical problem caused by unexpected event) ... and there are 816 loans due to make a repayment on 29th Feb, more than double the normal daily figure (i.e all those normally repaying on 29th/30th/31st). Might be carnage, although there's really no reason why it shouldn't just go through like Fancy Clockwork!
|
|
jayjay
Member of DD Central
Posts: 264
Likes: 116
|
Post by jayjay on Feb 22, 2016 9:20:19 GMT
Do they think its Christmas?
|
|
adrianc
Member of DD Central
Posts: 10,037
Likes: 5,155
Member is Online
|
Post by adrianc on Feb 22, 2016 9:39:26 GMT
Do they think its Christmas? Feed our accounts... 
|
|
registerme
Member of DD Central
Posts: 6,624
Likes: 6,437
|
Post by registerme on Feb 22, 2016 12:26:18 GMT
"We would like to inform investors that you may notice an increase in loan parts with a 'processing' or 'late' status. This is due to our third party provider experiencing a technical error when processing the payments made by borrowers. Investors should see that this is resolved within two days of the expected repayment date. Please accept our apologies for any inconvenience caused. If you have any questions please call our Customer Relations team on 0207 401 9111 (9am-6pm)".
A technical error then?
|
|
min
Member of DD Central
Posts: 615
Likes: 182
|
Post by min on Feb 22, 2016 13:09:05 GMT
"We would like to inform investors that you may notice an increase in loan parts with a 'processing' or 'late' status. This is due to our third party provider experiencing a technical error when processing the payments made by borrowers. Investors should see that this is resolved within two days of the expected repayment date. Please accept our apologies for any inconvenience caused. If you have any questions please call our Customer Relations team on 0207 401 9111 (9am-6pm)". A technical error then? But not Failing Computers error so that's all right then 
|
|
fasty
Member of DD Central
Posts: 1,038
Likes: 388
|
Post by fasty on Feb 22, 2016 15:24:58 GMT
In addition to the abnormal heap of "processing", I seem to be building an increasingly large accumulation of completed bids simply not drawn down. Anyone else noticed this? Is it the time of year? The weather? Perhaps it's just coincidence.
|
|
acky
Posts: 481
Likes: 262
|
Post by acky on Feb 22, 2016 22:00:25 GMT
So there are now 397 loans that should have (and in the vast majority of cases, will have) made a repayment to Failed Cashiers on 21st and 22nd February, where the money has not been paid to investors. Trouble is we can’t see whether any of these loans genuinely have missed a payment by dodgy borrowers. We'll see how many of the 479 loans due to make a payment tomorrow are processed by their so-called “third party provider”. This simply is not good enough.
|
|
adrianc
Member of DD Central
Posts: 10,037
Likes: 5,155
Member is Online
|
Post by adrianc on Feb 22, 2016 22:58:44 GMT
And one of those loans - 10082 - is back to paid-up, after being almost a month late, some of which was due to an error in de-flagging it... LET ME SELL!
|
|
|
|
Post by transo on Feb 23, 2016 8:07:18 GMT
And one of those loans - 10082 - is back to paid-up, after being almost a month late, some of which was due to an error in de-flagging it... LET ME SELL! Well they seem to have finally paid last month's repayment, and get Faintly Cumbersome to process it. Unfortunately this months repayment, which was due yesterday, is now showing as "retry"...
|
|
adrianc
Member of DD Central
Posts: 10,037
Likes: 5,155
Member is Online
|
Post by adrianc on Feb 23, 2016 8:12:16 GMT
Unfortunately this months repayment, which was due yesterday, is now showing as "retry"... <groan> It was "processing" half an hour ago...
|
|
acky
Posts: 481
Likes: 262
|
Post by acky on Feb 23, 2016 14:11:56 GMT
And one of those loans - 10082 - is back to paid-up, after being almost a month late, some of which was due to an error in de-flagging it... LET ME SELL! LET ME NOT BUY FROM YOU! 
|
|
fasty
Member of DD Central
Posts: 1,038
Likes: 388
|
Post by fasty on Feb 23, 2016 16:31:58 GMT
And one of those loans - 10082 - is back to paid-up, after being almost a month late, some of which was due to an error in de-flagging it... LET ME SELL! I thought that Funky Chickens said that this one was attributable to an admin cock-up? I wasn't sure whether to rush to sell or not.
|
|
adrianc
Member of DD Central
Posts: 10,037
Likes: 5,155
Member is Online
|
Post by adrianc on Feb 23, 2016 18:31:55 GMT
And one of those loans - 10082 - is back to paid-up, after being almost a month late, some of which was due to an error in de-flagging it... LET ME SELL! I thought that Funky Chickens said that this one was attributable to an admin cock-up? I wasn't sure whether to rush to sell or not. They forgot to tell FC that they'd been taken over, then cancelled the DD without setting a new one up. FC are Fairly Convinced it's all good, but they would say that, wouldn't they?
|
|
fasty
Member of DD Central
Posts: 1,038
Likes: 388
|
Post by fasty on Feb 24, 2016 17:27:47 GMT
I thought that Funky Chickens said that this one was attributable to an admin cock-up? I wasn't sure whether to rush to sell or not. They forgot to tell FC that they'd been taken over, then cancelled the DD without setting a new one up. FC are Fairly Convinced it's all good, but they would say that, wouldn't they? Payment seems to have cleared now. Do your worst!
|
|
adrianc
Member of DD Central
Posts: 10,037
Likes: 5,155
Member is Online
|
Post by adrianc on Feb 24, 2016 18:57:16 GMT
Payment seems to have cleared now. Do your worst! Worry ye not. It went up this morning, at just enough of a premium to cover the fees and keep it away from Autobiddies. Nobody's bitten yet - give it a day or so, and it'll come down a notch or two until it sells, or until it gets close to the next repayment - at which point; sorry, Autobiddy...
|
|
