archie
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Post by archie on Nov 30, 2017 15:43:01 GMT
Morning. Just checked and all the CSP loans have a renewal option available. Regards, Ed. How exactly is renewing going to work with regard to the new structure? Right now I see all of my CSP loans have the renewal option ticked, but in the pending loans tab only the two 3 month term loans are showing funds invested for rollover - which seem to correspond to just 2 of the CSP loans in which I have invested. Is this a work in progress? It doesn't seem correct, none of the new loans should have a rollover box. Totals on pending page seem to correspond to the first loan of each type. They should be the overall type total split across each new loan.
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Post by MoneyThing on Nov 30, 2017 15:46:17 GMT
Afternoon. Whilst there are renewal boxes on just two of the 40 loan parts in Pending, lenders who rollover will have their holdings evenly spread across the different loan terms. We will be processing the distribution shortly after midnight. Kind regards, Ed.
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Forward
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Post by Forward on Nov 30, 2017 15:48:57 GMT
This is looking a tad confusing at the moment, tomorrows going to be lively
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andy1
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Post by andy1 on Nov 30, 2017 15:58:00 GMT
Looking forward to the midday feeding frenzy. Who has the fastest fingers and can anybody get all 40???
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alanp
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Post by alanp on Nov 30, 2017 15:59:06 GMT
Is there an overall increase in the borrowing facility being provided to them?
I'm assuming that most people will renew, so if there is no overall increase then there will be very slim pickings to pick up more when they go live.
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andy1
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Post by andy1 on Nov 30, 2017 16:05:37 GMT
Is there an overall increase in the borrowing facility being provided to them? I'm assuming that most people will renew, so if there is no overall increase then there will be very slim pickings to pick up more when they go live. It's really not clear to me. I have 4 of the current loans and each has a renewal box. In the pending section I only have 1 renewal box with a value that relates to 1 of my existing 4 loan parts. I don't know where, if anywhere, the other 3 parts are going to land.
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ianj
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Post by ianj on Nov 30, 2017 16:10:04 GMT
Is there an overall increase in the borrowing facility being provided to them? I'm assuming that most people will renew, so if there is no overall increase then there will be very slim pickings to pick up more when they go live. It's really not clear to me. I have 4 of the current loans and each has a renewal box. In the pending section I only have 1 renewal box with a value that relates to 1 of my existing 4 loan parts. I don't know where, if anywhere, the other 3 parts are going to land. Afternoon. Whilst there are renewal boxes on just two of the 40 loan parts in Pending, lenders who rollover will have their holdings evenly spread across the different loan terms. We will be processing the distribution shortly after midnight. Kind regards, Ed.
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Forward
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Post by Forward on Nov 30, 2017 16:14:34 GMT
Is there an overall increase in the borrowing facility being provided to them? I'm assuming that most people will renew, so if there is no overall increase then there will be very slim pickings to pick up more when they go live. No increase still 930k
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andy1
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Post by andy1 on Nov 30, 2017 16:15:20 GMT
Thanks - not sure how I missed that
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Post by MoneyThing on Nov 30, 2017 16:32:15 GMT
It was a little confusing having the two renewal boxes on the 'Pending' tab so we have removed them. For your interest, please see attached screenshot showing the % proportion of lenders who have opted to rollover (so far). Regards, Ed.
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Post by df on Nov 30, 2017 16:49:42 GMT
Afternoon. Whilst there are renewal boxes on just two of the 40 loan parts in Pending, lenders who rollover will have their holdings evenly spread across the different loan terms. We will be processing the distribution shortly after midnight. Kind regards, Ed. Thank you! That's the answer I was hoping for Could have been included in the e-mail to prevent confusion.
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Post by df on Nov 30, 2017 17:21:39 GMT
Looking forward to the midday feeding frenzy. Who has the fastest fingers and can anybody get all 40??? Yes, it will be one of them missions... I doubt getting all 40 is achievable, but I'll try to get as many as I can
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mullet
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Post by mullet on Nov 30, 2017 20:58:10 GMT
Does the £25 limit represent the total amount you can invest in each loan or is that in addition to any amount renewed?
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Post by Badly Drawn Stickman on Nov 30, 2017 21:08:09 GMT
Does the £25 limit represent the total amount you can invest in each loan or is that in addition to any amount renewed? I'm pretty sure that is as well as any holding you have, that has always been the way it is done.
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guff
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Post by guff on Nov 30, 2017 21:12:01 GMT
MoneyThing , any chance you could share with a confused retired engineer the latest formula used by the world of finance to calculate LTV?
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