mikes1531
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Post by mikes1531 on Sept 23, 2015 21:49:51 GMT
Yup - zero allocation for me too, in spite of having the funds sitting in the MLIA. Has ANYONE been allocated ANYTHING for #198 ?  AFAIK, no. Which suggests to me that something went wrong with the allocation process, which probably means we need to wait until tomorrow before anything happens. Chris might not have responded here because he's busy working on a bug fix.
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lobster
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Post by lobster on Sept 23, 2015 22:02:38 GMT
Yup - zero allocation for me too, in spite of having the funds sitting in the MLIA. Has ANYONE been allocated ANYTHING for #198 ? AFAIK, no. Which suggests to me that something went wrong with the allocation process, which probably means we need to wait until tomorrow before anything happens. Chris might not have responded here because he's busy working on a bug fix. Sounds more than plausible - the entire platform is a bit of a bug-fest nowadays. Hopefully it will all be ironed out soon.
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mikeb
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Post by mikeb on Sept 23, 2015 22:16:11 GMT
nothing happening for me feels like christmas and santa got stuck in the bloody chimney, no presents this year "# There's something stuck in the loan pipeline and I don't know what it is, but it's been there all day long ..." www.youtube.com/watch?v=rW6nyN1bf8gIf it's affected everyone (as it appears), then I suspect it is just a malfunction, rather than mis-distribution of loan parts.
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duck
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Post by duck on Sept 24, 2015 6:42:37 GMT
Well unsurprisingly nothing happened overnight, neither of my accounts nor my partners GBBA picked up anything in #198.
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SteveT
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Post by SteveT on Sept 24, 2015 6:46:51 GMT
I hope that, when the extra large spanner is applied this morning, only the orders in place (and funded) pre-drawdown will be considered in the allocation. Having had funds sat waiting for a week or more, I'll be annoyed if other post-drawdown orders are given equal weight.
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bg
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Post by bg on Sept 24, 2015 6:49:15 GMT
I got nothing - and if noone else got anything it indicates the QAA bought all of it.
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SteveT
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Post by SteveT on Sept 24, 2015 6:53:20 GMT
I got nothing - and if noone else got anything it indicates the QAA bought all of it. More likely the whole lot is hanging somewhere, as yet unallocated. In fact, the last MLIA transaction in my account was timed 16.23 yesterday. Perhaps the entire system is frozen; has anyone else had transactions since #198 notionally drew down?
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sqh
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Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
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Post by sqh on Sept 24, 2015 7:08:31 GMT
I got nothing - and if noone else got anything it indicates the QAA bought all of it. More likely the whole lot is hanging somewhere, as yet unallocated. In fact, the last MLIA transaction in my account was timed 16.23 yesterday. Perhaps the entire system is frozen; has anyone else had transactions since #198 notionally drew down? 15 purchases in the MLIA since 16:23, strangely all different loans. Nothing offering more than 10.5%, so I guess you're targeting the juicy ones.
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SteveT
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Post by SteveT on Sept 24, 2015 7:10:58 GMT
More likely the whole lot is hanging somewhere, as yet unallocated. In fact, the last MLIA transaction in my account was timed 16.23 yesterday. Perhaps the entire system is frozen; has anyone else had transactions since #198 notionally drew down? 15 purchases in the MLIA since 16:23, strangely all different loans. Nothing offering more than 10.5%, so I guess you're targeting the juicy ones. Rather that I only have about 6 or 8 loans with live Buy orders, the rest already being at my personal maximum exposure (or opted out)
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Post by Deleted on Sept 24, 2015 8:47:26 GMT
I opted out of 198 but I'm really interested in what happens here chaps. I have a bunch of bids waiting with a fair proportion covered with cash and have waited patiently for drawdown, if AC can no longer ensure that basic bids result in basic loans then I need to know as other portals are out there. I've been very concerned by the complexity being built into AC. I've been worried about the new account and how that drives stuff. What exactly has gone wrong and what is being done about it? Getting genuinely worried.  |
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Post by crabbyoldgit on Sept 24, 2015 8:58:20 GMT
hi ac i think its time for a few words about whats going on , is all the loan parts sold or is there a problem , no great depth , your prob very busy if there is trouble.We i think would like an idea of where we are vis this loan
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Sept 24, 2015 9:09:56 GMT
hi ac i think its time for a few words about whats going on , is all the loan parts so is there a problem , no great depth , your prob very busy if there is trouble.We i think would like an idea of where we are vis this loan Ive just stuck a Q on site. Hopefully the response wont test the 3 day limit! Edit: Did anyone deteçt a tremor in the QAA at launch? Shuffle in the queue?
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Post by pepperpot on Sept 24, 2015 9:14:35 GMT
I got nothing - and if noone else got anything it indicates the QAA bought all of it. I agree, and it fits with samford71 saying it all sold in one lump. The QAA needs to generate interest sufficient for the monthly payout on the 1st and also to help facilitate an increase in the global cap that has been suggested. Until the deal flow picks up, the AC set of accounts are like an F1 car driving around a go-kart track with inevitable consequences. I've every confidence it'll all work fine when the flow is there, it's only one loan, possibly only for a few weeks till the shrapnelator starts to dish it out and it's pause will be forgotten about in a couple of months. More patience required.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Sept 24, 2015 9:35:37 GMT
I got nothing - and if noone else got anything it indicates the QAA bought all of it. I agree, and it fits with samford71 saying it all sold in one lump. The QAA needs to generate interest sufficient for the monthly payout on the 1st and also to help facilitate an increase in the global cap that has been suggested. Until the deal flow picks up, the AC set of accounts are like an F1 car driving around a go-kart track with inevitable consequences. I've every confidence it'll all work fine when the flow is there, it's only one loan, possibly only for a few weeks till the shrapnelator starts to dish it out and it's pause will be forgotten about in a couple of months. More patience required. Patience is all very well, & in fact mandatory on AC due to the glacial pipeline recently, but, having sold parts to fund the drawdown, Ive now got idle cash with nowhere to go. Hardly buying anything on MLIA as maxed on most loans, QAA full, GBBA not moving. Will the same thing happen on Friday with the next one, in which case that cash will end up in limbo? Nothing that has been said by AC has given any indication that MLIA would be frozen out this way, in fact there has been heavy emphasis on MLIA continuing to get a decent share even if accounts get favourable weighting plus given ACs regular IT glitches it could easily be one of those. Just let us know the score so we can make investment decisions accordingly.
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SteveT
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Post by SteveT on Sept 24, 2015 9:41:23 GMT
I'm still presuming this is a software glitch and those with pre-drawdown MLIA orders will receive their allocation shortly. If not, and I find the QAA (or some other automated account) has been given the lot, then that will be the end for me on AC. It's bad enough waiting many weeks for long-promised new loans to launch, let alone getting nothing when they do. There are plenty of other platforms that seem to manage the basic challenge of launching and drawing down a new loan (without building something that needs a Cray supercomputer to do it to n decimal places and across unknown hyperspacial dimensions).
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