caesium
Member of DD Central
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Post by caesium on Sept 20, 2015 14:48:54 GMT
Hello,
Just signed up to SS and have what might be a really obvious question. I had a scan of the recent threads in here but can't see anyone mentioning it.
Where's the secondary market? I can't see it.
Also, how are some loans apparently over-funded? They show a negative amount available to fund and a negative availability percentage in the list. What's happened there?
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Post by wiseclerk on Sept 20, 2015 14:51:53 GMT
It is integrated into the primary market. If there are parts on sale in existing loans, then they turn green.
To sell your own loan parts look under 'live loan parts' - there you can sell them.
The 'over-funded' look results from lenders simultenously buying the same parts offered by other lenders (it's a known bug). SS will sort it out within a few hours on the next business day.
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caesium
Member of DD Central
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Post by caesium on Sept 20, 2015 14:53:10 GMT
Thanks, that helps a lot  |
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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 20, 2015 15:03:11 GMT
The 'over-funded' look results from lenders simultenously buying the same parts offered by other lenders (it's a known bug). SS will sort it out within a few hours on the next business day. They've stopped resolving them unless prompted by a lender with a specific issue and only then for that loan. Been a significant discrepancy in total funds remaining & actual remaining for several weeks (high as at least 12k at one point maybe more, currently 9k) Something to bear in mind when listing parts as wont show as available to buy unless larger than deficit
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caesium
Member of DD Central
Posts: 86
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Post by caesium on Sept 21, 2015 14:05:26 GMT
Another one if I may; I made some investments and deposits over the weekend and today, but I'm still showing a BACS deposit, it looks like it won't be processed until tomorrow - am I right in saying loans aren't cancelled on a Monday generally, since it looks like BACs deposits aren't processed on a Monday either? (ie, you get a days grace for the deposit if you do them over the weekend?)
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arbster
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Post by arbster on Sept 21, 2015 14:23:36 GMT
Another one if I may; I made some investments and deposits over the weekend and today, but I'm still showing a BACS deposit, it looks like it won't be processed until tomorrow - am I right in saying loans aren't cancelled on a Monday generally, since it looks like BACs deposits aren't processed on a Monday either? (ie, you get a days grace for the deposit if you do them over the weekend?) Yep, you should be fine. Won't do any harm to drop them a mail telling them how much you've deposited over the weekend - they're a very pleasant bunch.
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