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Post by chris on Jan 25, 2016 18:35:58 GMT
214, 225, 226 Underwriting called. Due to drawdown on Friday It's going to be a busy week!
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kermie
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Post by kermie on Jan 25, 2016 19:44:09 GMT
214, 225, 226 Underwriting called. Due to drawdown on Friday It's going to be a busy week! It will be - and FWIW, today has been very busy on the SM, I've picked up much more than usual today - presumably as lenders re-adjust in preparation for Friday. As predicted by everyone and their mother: active PM results in an active SM.
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agent69
Member of DD Central
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Post by agent69 on Jan 30, 2016 9:55:37 GMT
According to the website there are 11 loans due to draw down next week (January). Be interesting to see what the situation is next Sunday. Think it will be safe to jump the gun by a day. The answer is (drum roll, and elongated pregnant pause) ........... None
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agent69
Member of DD Central
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Post by agent69 on Feb 1, 2016 17:44:12 GMT
228, 229 and the bigun all due to draw down this week
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Post by yorkshireman on Feb 2, 2016 1:54:32 GMT
I hope the valuations for 228 and 229 are more accurate than the customer’s address shown as Stunningly Road which should actually read Stanningley Road.
Prepared by a local surveyor, the lack of attention to detail and indeed local knowledge, fails to impress.
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Post by chielamangus on Feb 2, 2016 8:54:16 GMT
I hope the valuations for 228 and 229 are more accurate than the customer’s address shown as Stunningly Road which should actually read Stanningley Road. Prepared by a local surveyor, the lack of attention to detail and indeed local knowledge, fails to impress. What! Criticise a valuer? For many P2P investors, their words have the weight of wisdom behind them, akin to the truths spake by God (whichever particular one you follow to fit in with your lifestyle). Years of training have enabled them to understand intimately the vagaries of the housing market and national and global economic cycles. These people are beyond value. Priceless. As long as one thinks in terms of plus or minus (usually the latter) 40 per cent one can rely on them completely.
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Post by oldnick on Feb 2, 2016 9:12:28 GMT
I hope the valuations for 228 and 229 are more accurate than the customer’s address shown as Stunningly Road which should actually read Stanningley Road. Prepared by a local surveyor, the lack of attention to detail and indeed local knowledge, fails to impress. What! Criticise a valuer? For many P2P investors, their words have the weight of wisdom behind them, akin to the truths spake by God (whichever particular one you follow to fit in with your lifestyle). Years of training have enabled them to understand intimately the vagaries of the housing market and national and global economic cycles. These people are beyond value. Priceless. As long as one thinks in terms of plus or minus (usually the latter) 40 per cent one can rely on them completely. But who else is there to consult? The deity of your choice will probably respond with a time scale of centuries and, then, elliptically, if at all.
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am
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Post by am on Feb 2, 2016 10:18:09 GMT
I hope the valuations for 228 and 229 are more accurate than the customer’s address shown as Stunningly Road which should actually read Stanningley Road. Prepared by a local surveyor, the lack of attention to detail and indeed local knowledge, fails to impress. Hopefully a case of an overactive autocorrect.
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Post by chris on Feb 2, 2016 10:48:12 GMT
I hope the valuations for 228 and 229 are more accurate than the customer’s address shown as Stunningly Road which should actually read Stanningley Road. Prepared by a local surveyor, the lack of attention to detail and indeed local knowledge, fails to impress. Hopefully a case of an overactive autocorrect. It was and has been corrected.
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Post by Ton ⓉⓞⓃ on Feb 2, 2016 10:58:47 GMT
This morning I saw £19,005.65 of loan 207 available. I have a small target of £100 set with about ten times that cash awaiting investment, yet I didn't get any chris is all okay? This is the loan that suddenly appeared from an unknown place. I seem to be getting time outs on the AC site this morning. Attachment Deleted |
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Post by chris on Feb 2, 2016 11:02:08 GMT
This morning I saw £19,005.65 of loan 207 available. I have a small target of £100 set with about ten times that cash awaiting investment, yet I didn't get any chris is all okay? This is the loan that suddenly appeared from an unknown place. I seem to be getting time outs on the AC site this morning. The underlying infrastructure is running okay but the Rackspace load balancer infrastructure appears to be having a lot of issues. We've raised support tickets with them and I'm keeping an eye on things.
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Post by yorkshireman on Feb 2, 2016 12:46:58 GMT
Hopefully a case of an overactive autocorrect. It was and has been corrected. I rest my case, if a document isn’t checked how can you rely on the information it contains?
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Post by chris on Feb 2, 2016 13:18:54 GMT
It was and has been corrected. I rest my case, if a document isn’t checked how can you rely on the information it contains? If you don't trust the documentation then don't invest. However I would counter that by saying that we pioneered the practice of making all this information available to the crowd and I believe still lead the way in terms of transparency in this regard. There is strength in cross examination from the crowd that other sites simply don't get where they don't publish this information either at all or before the loan draws down.
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Post by yorkshireman on Feb 2, 2016 15:12:13 GMT
I rest my case, if a document isn’t checked how can you rely on the information it contains? If you don't trust the documentation then don't invest. However I would counter that by saying that we pioneered the practice of making all this information available to the crowd and I believe still lead the way in terms of transparency in this regard. There is strength in cross examination from the crowd that other sites simply don't get where they don't publish this information either at all or before the loan draws down. Perhaps I haven’t made myself clear, I’m not criticising AC at all. I’ve tried to observe the forum’s rules so far but if you want me to spell it out, how can investors have confidence in the valuation when the valuer seemingly doesn’t check documents before releasing them? As you say, if in doubt leave out.
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Post by chris on Feb 2, 2016 15:48:21 GMT
If you don't trust the documentation then don't invest. However I would counter that by saying that we pioneered the practice of making all this information available to the crowd and I believe still lead the way in terms of transparency in this regard. There is strength in cross examination from the crowd that other sites simply don't get where they don't publish this information either at all or before the loan draws down. Perhaps I haven’t made myself clear, I’m not criticising AC at all. I’ve tried to observe the forum’s rules so far but if you want me to spell it out, how can investors have confidence in the valuation when the valuer seemingly doesn’t check documents before releasing them? As you say, if in doubt leave out. I wasn't entirely sure whose door you were laying the blame at, but I think my overall point still stands. We benefit from crowd due diligence who will sanity check any valuation on top of the professional standards we hold the insurers to and our own cross checking. Sometimes silly mistakes such as this one can slip through where the computer has "corrected" the spelling of the street name and it's been missed, but then the crowd pick up on it.
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