am
Posts: 1,495
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Post by am on Mar 17, 2015 21:01:22 GMT
£0.01 loan part seen on A*shire WT
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Post by andrewholgate on Mar 18, 2015 9:05:49 GMT
I think that one is mine.
There is a more interesting point here about loan part sizes, which I will take up with Chris and the exec.
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am
Posts: 1,495
Likes: 601
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Post by am on Mar 31, 2015 17:50:10 GMT
My GEIA account has been selling (I'm freeing up money for the anaerobic digester) successively smaller bits of the P* WT, culminating in two 0.01p parts. I think AC needs a method for fusing parts back together before the database collapses under the strain. (When interest is paid seems at first sight a safe and sensible time to do it. But don't forget to test it before going live.)
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Post by chris on Mar 31, 2015 22:18:23 GMT
My GEIA account has been selling (I'm freeing up money for the anaerobic digester) successively smaller bits of the P* WT, culminating in two 0.01p parts. I think AC needs a method for fusing parts back together before the database collapses under the strain. (When interest is paid seems at first sight a safe and sensible time to do it. But don't forget to test it before going live.) Loan units are merged back together. They are split and merged at any arbitrary size to fit the required sale / purchase. Most lenders will hold one live loan unit per loan they're invested in per investment account used to invest.
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am
Posts: 1,495
Likes: 601
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Post by am on Mar 31, 2015 22:21:31 GMT
My GEIA account has been selling (I'm freeing up money for the anaerobic digester) successively smaller bits of the P* WT, culminating in two 0.01p parts. I think AC needs a method for fusing parts back together before the database collapses under the strain. (When interest is paid seems at first sight a safe and sensible time to do it. But don't forget to test it before going live.) Loan units are merged back together. They are split and merged at any arbitrary size to fit the required sale / purchase. Most lenders will hold one live loan unit per loan they're invested in per investment account used to invest. That leaves me unclear as to what the loan part numbers on transaction statements refer to.
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Post by chris on Mar 31, 2015 22:22:56 GMT
Loan units are merged back together. They are split and merged at any arbitrary size to fit the required sale / purchase. Most lenders will hold one live loan unit per loan they're invested in per investment account used to invest. That leaves me unclear as to what the loan part numbers on transaction statements refer to. They're an anachronism really but still useful for me if a lender queries a particular transaction as I can then use that ID to see the full history of that loan unit and what it was merged into, split from, etc.
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