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Post by GSV3MIaC on Oct 6, 2017 7:38:54 GMT
"Autobodge screwed up, failed to stop, so we reset the loan and started over .. Will you please stop looking inside the black box" ?
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Post by grahamreeds on Oct 6, 2017 7:44:36 GMT
Actually I have the loan part, still listed as massively oversubscribed.
Why do we trust FC with our money again?
Client: "Dear FC, to help our business expand we would like 370k?" FC: "Sod that. here, have 490k - pay it back when you can."
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blender
Member of DD Central
Posts: 5,719
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Post by blender on Oct 6, 2017 8:55:41 GMT
Bit of an odd one... Expansion/growth (43740) £367,500 Interest rate: 5.9% 10% [Funded] 05/10 17:30 - 17:59: £91,790@5.9%, 1076 users 05/10 18:00 - 18:29: £471,903@5.9%, 3762 users ... 06/10 06:30 - 06:59: £33,129@5.9%, 403 users Is this not the amount in the period? According to another thread this is now over £800k. It would be interesting to see when FC find this by themselves - they no longer need us - remember?
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Post by grahamreeds on Oct 6, 2017 9:04:23 GMT
It's changed. It is like the good old old days when you could bid. At the end of the auction those at the top of the scale would lose out on the bid and would get a little red X next to them. That has now appeared.
What this tells us is that there was £800k of liquidity in the system.
Also it tells us that there are still some very worrying bugs in the system and FC still doesn't have a decent testing regime.
Firstly how can a loan application go live at 7pm? Secondly how can the system over subscribe a loan? Does this happen with all loans?
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fasty
Member of DD Central
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Post by fasty on Oct 6, 2017 10:42:55 GMT
In the good 'ole days I remember loans going live as late as 8pm if one of the Funky Chickens was doing overtime.
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Post by grahamreeds on Oct 6, 2017 11:07:18 GMT
Okay. I have seen another loan in my orders.
£104k, £71k funded, graphic shows 0% complete.
Really? percentages aren't that hard to calculate correctly?
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blender
Member of DD Central
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Post by blender on Oct 6, 2017 13:52:10 GMT
Many people have problems with percentages - say in sport and talent competitions. They do a lot of table tennis and salsa dancing at FC.
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Post by grahamreeds on Oct 7, 2017 17:31:22 GMT
Okay that oversubscribed part has borked my selling routine. Usually parts shift quickly - sub 10 minutes - but this one has hung around on sale since 8pm last night.
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Post by grahamreeds on Nov 22, 2017 11:51:00 GMT
Classic: "20 Nov 2017 August payment was received on 17/11/17 and will be distributed to investors on 18/11/17."
Almost as classy: "... following which we will *revert* to investors immediately thereafter to advise you of the position at that time."
That has appeared several times over the past couple of weeks.
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adrian77
Member of DD Central
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Post by adrian77 on Nov 22, 2017 12:14:52 GMT
Absolutely! In fact so worrying to me my wallet is closed to FC until they get their act together. Another platform also has major problems so I am closing my wallet to that one as well.
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