t
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Post by t on Nov 15, 2015 18:45:08 GMT
I'm ok if that is the case but over 500 less than I have deposited plus interest and I'm sure it is the over subscribed but there is still 7k over how does that work
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t
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Post by t on Nov 15, 2015 19:02:55 GMT
Hi rambling rose yes I'm letting off steam and I have just retraced half of what I was going to say as now my total is correct all of a sudden it has changed thank you ss for doing that but an email exsplianng what you are doing to a account would be the normal professional thing to do The bit I don't understand in all of this is ok I have been credited back to my holding account for over subscribing which is fine but there seems to be still 7 k over subscribed I'm guessing you will be getting round to clearing this too lol hugs and kisses ps has anyone got 10k of loans for sale but don't want a boat
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ablender
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Post by ablender on Nov 15, 2015 19:19:38 GMT
You really would not want to have my ss account I had all the affects you have commented on but my account has been hit with a bomb i have not got a clue how I can go from 58 pence avalable to over 5 k aww total pile of poo and on top I just sent another 5 k before I see the mess of my account fk it time for a fag land a 12000 k phone call tomorrow Hi t, You do not happen to know who s***r or t***4 is by any chance?
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t
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Post by t on Nov 15, 2015 19:29:33 GMT
Thank you I have been checking again and since I've been letting a bit of smoke out my ears my total balance has just gone back to where it should be And I'm guessing it is to do with over subscribing but as I am new to ss I did send email asking about this before I did over subscribe that was a week ago with no reply so I assumed it was the norm to do this but I'm fine with having a lump in holding for next loan but it does seem to be 6 k still over any idea
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t
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Post by t on Nov 15, 2015 19:31:03 GMT
Yes I am t4
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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 Nov 15, 2015 19:50:52 GMT
Thank you I have been checking again and since I've been letting a bit of smoke out my ears my total balance has just gone back to where it should be And I'm guessing it is to do with over subscribing but as I am new to ss I did send email asking about this before I did over subscribe that was a week ago with no reply so I assumed it was the norm to do this but I'm fine with having a lump in holding for next loan but it does seem to be 6 k still over any idea There were a couple of loans where multiple bids had been placed for the same amount at the same time by the same person which seemed to be either a bot, a major technical glitch or someone gaming the system. These are the loans that SS has rolled back. Other oversubscribed loans have been ignored because they are just par for the course due to a minor system error and SS dont seem to be that bothered about it.
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t
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Post by t on Nov 15, 2015 20:04:01 GMT
I'll put the record strait there is no bot or anything like that it's quite simple ,,, it has to be if I can work it out you make your bid up to the laon max and when you press ok you want to fund just press to fund again as many times as you want and it lets you do so but to be fair I have tried it on the beta and it is not possible to dot he same so I'm guessing that's sorted that probolem out but I did notic when I was trying the new site that there was still over fund on the loans so how that is happening I don't no
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t
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Post by t on Nov 15, 2015 20:08:23 GMT
Anyway ppl anyone got anything for sale I've got 11 k in holding waiting for a home and I'm 7 hrs ahead of you lot and it's defo my bed time
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ablender
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Post by ablender on Nov 15, 2015 20:11:34 GMT
good night.
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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 Nov 15, 2015 20:18:03 GMT
I'll put the record strait there is no bot or anything like that it's quite simple ,,, it has to be if I can work it out you make your bid up to the laon max and when you press ok you want to fund just press to fund again as many times as you want and it lets you do so but to be fair I have tried it on the beta and it is not possible to dot he same so I'm guessing that's sorted that probolem out but I did notic when I was trying the new site that there was still over fund on the loans so how that is happening I don't no Thanks. Thats one way to get invested quickly:D That explains that then, its a bug, we can drop the conspiracy theories. The beta site is a snapshot of the loan book on a specific date, so if the loans were negative on that date they will be on the beta site - its not been achieved by user actions
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webwiz
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Post by webwiz on Nov 15, 2015 21:11:01 GMT
Anyway ppl anyone got anything for sale I've got 11 k in holding waiting for a home and I'm 7 hrs ahead of you lot and it's defo my bed time Go to moneything.com they have plenty of capacity on the same property as PBL025
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mikes1531
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Post by mikes1531 on Nov 15, 2015 21:19:18 GMT
Go to moneything.com they have plenty of capacity on the same property as PBL025 Since both platforms can't have a first charge on the property, does this suggest that when the MT loan is funded it will be used to repay the SS loan? Or am I misunderstanding this whole thing? (That's probably the most likely situation. )
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Post by pepperpot on Nov 15, 2015 21:32:04 GMT
Go to moneything.com they have plenty of capacity on the same property as PBL025 Since both platforms can't have a first charge on the property, does this suggest that when the MT loan is funded it will be used to repay the SS loan? Or am I misunderstanding this whole thing? (That's probably the most likely situation. ) AFAIK, the SS valuation doc is for Block C but the loan is secured on Block B, MT has the first charge on Block C. The explanation from SS is that the two valuations (B/C) are identical, but they have apologised for being 'sloppy' and intend to upload the correct valuation this week. (I've downloaded the current 'block C' valuation so I can cross reference their word )
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webwiz
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Post by webwiz on Nov 15, 2015 21:34:54 GMT
Go to moneything.com they have plenty of capacity on the same property as PBL025 Since both platforms can't have a first charge on the property, does this suggest that when the MT loan is funded it will be used to repay the SS loan? Or am I misunderstanding this whole thing? (That's probably the most likely situation. ) It seems that there are two adjacent plots, sometimes called blocks B and C. PBL025 is a loan secured against a charge on block B but the borrower has used the cash to fund development of Block C. MT will have a charge against block C. I suppose the borrower will do what he likes with the cash.
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david42
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Post by david42 on Nov 15, 2015 22:03:03 GMT
Since both platforms can't have a first charge on the property, does this suggest that when the MT loan is funded it will be used to repay the SS loan? Or am I misunderstanding this whole thing? (That's probably the most likely situation. ) According to ilmoro in the 9 pages of discussion over on this MT thread, the SS loan is a first charge on site B and the MT loan is a first charges on site C. Edit: sorry to duplicate: I see webwiz has already replied.
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