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Post by MoneyThing on Nov 30, 2017 21:22:28 GMT
MoneyThing , any chance you could share with a confused retired engineer the latest formula used by the world of finance to calculate LTV? Thanks Guff - appreciated. (Now fixed..from an engineer that is nothing engineer-like at present.)
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gt94sss2
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Post by gt94sss2 on Dec 1, 2017 0:32:37 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. I have sent MT an email tonight as I just missed the midnight deadline but wanted to renew my loans and hope Ed etc. can do something before the distribution <I tend to have all my loans on auto renewal?> However, as I also said in the email to them "As a bit of constructive feedback, can I also say that I think that giving existing loan holders only 8 hours notice to mark their loans for renewal is insufficient - especially for something like this where you will have known in advance that the structure of loans is changing - its not really treating existing holders fairly as I have come to expect from MT. "
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keystone
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Post by keystone on Dec 1, 2017 0:44:47 GMT
Yes, I missed the deadline by a matter of minutes as well having not been able to check my emails until late today. It is rather frustrating as there were several days still to run on the old loans.
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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 Dec 1, 2017 0:51:11 GMT
Same situation, similar email & suggestion sent.
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acky
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Post by acky on Dec 1, 2017 6:08:50 GMT
The Renew box has been available to tick since the loans were originally set up!
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jonah
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Post by jonah on Dec 1, 2017 6:48:19 GMT
125k available for noon. I see this being quite popular FFF frenzy.
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Post by Badly Drawn Stickman on Dec 1, 2017 7:10:05 GMT
125k available for noon. I see this being quite popular FFF frenzy. It would probably be 'polite' to allow the first 5 minutes as a grace period for those who forgot to renew to replenish their holding. (Always good to give the impression of giving a damn)
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archie
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Post by archie on Dec 1, 2017 7:25:58 GMT
I keep all my renewal boxes ticked and then review when the notices are sent out.
These restructures were first mentioned on 22/07/17 so there has been plenty of time to tick them.
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stevio
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Post by stevio on Dec 1, 2017 8:06:21 GMT
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jcb208
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Post by jcb208 on Dec 1, 2017 8:19:52 GMT
125k available for noon. I see this being quite popular FFF frenzy. Down to £36650 now so going to be FFF or time for the bots
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Post by MoneyThing on Dec 1, 2017 8:28:59 GMT
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Post by sirkillalot on Dec 1, 2017 8:30:19 GMT
Have the rollover electronic loans been allocated yet ? I see my allocation for the Grouped Assets Pawn loans, but not the Electronics Loans. Just wanted to confirm if I may have forgotten to set the renewal box correctly.
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archie
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Post by archie on Dec 1, 2017 8:45:59 GMT
Have the rollover electronic loans been allocated yet ? I see my allocation for the Grouped Assets Pawn loans, but not the Electronics Loans. Just wanted to confirm if I may have forgotten to set the renewal box correctly. Rollovers have been processed but the 'Already invested' amounts for the Electronics loans show as zero for me too. The 'Already Invested' amounts for the Pawn loans don't match the purchased amounts on my statement either. Correction : They match one set of rollover amounts (Pawn only).There are no purchases showing on the statement for Electronics. Correction : There are further purchases of the Pawn loans showing on the statement which equal the original Electronics amounts.
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dawn
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Post by dawn on Dec 1, 2017 8:46:32 GMT
Have the rollover electronic loans been allocated yet ? I see my allocation for the Grouped Assets Pawn loans, but not the Electronics Loans. Just wanted to confirm if I may have forgotten to set the renewal box correctly. I had the same problem so I emailed Moneything. Ed replied saying 'Because of the reduced ratio of Electronics to Pawn, your holdings that were in Electronics have been distributed into the Pawn loans.'. When I look at the Pending loans page I can't see that allocation but when I look at my Statement page I have found the allocations. I think there may just be a glitch on the display on Pending edit: Ed is aware of the display issue and is looking into it.
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alanp
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Post by alanp on Dec 1, 2017 9:15:04 GMT
Have the rollover electronic loans been allocated yet ? I see my allocation for the Grouped Assets Pawn loans, but not the Electronics Loans. Just wanted to confirm if I may have forgotten to set the renewal box correctly. I had the same problem so I emailed Moneything. Ed replied saying 'Because of the reduced ratio of Electronics to Pawn, your holdings that were in Electronics have been distributed into the Pawn loans.'. When I look at the Pending loans page I can't see that allocation but when I look at my Statement page I have found the allocations. I think there may just be a glitch on the display on Pending edit: Ed is aware of the display issue and is looking into it. Very disappointed with MT over the way the split between Pawn & Electronics has been handled with no prior discussion or notice. I had my investments spread across both categories and have neded up with no Electronics and no chance of picking any up when they go live. Why couldn't old Pawn be spread across new Pawn and old Electronics spread across new Electronics?
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