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Post by Deleted on Nov 20, 2015 11:18:01 GMT
Can anyone explain what means the error message: "The Loan Exchange is currently not available for this loan"
This is the message I get when trying to sell parts in the laon We** Hea***. I tried a week ago and I got the message. i thought it was temporary, but I am getting the same now.
Any reason why I cannot sell loan parts on that loan? Even the 'grace period' Lending Crowd covered (up to 14th November) has now long gone, so i cannot understand why this loan is not sellable
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grahamg
Member of DD Central
Posts: 220
Likes: 62
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Post by grahamg on Nov 20, 2015 11:33:26 GMT
Can anyone explain what means the error message: "The Loan Exchange is currently not available for this loan" This is the message I get when trying to sell parts in the laon We** Hea***. I tried a week ago and I got the message. i thought it was temporary, but I am getting the same now. Any reason why I cannot sell loan parts on that loan? Even the 'grace period' Lending Crowd covered (up to 14th November) has now long gone, so i cannot understand why this loan is not sellable Same for me!
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Post by lendingcrowd on Nov 20, 2015 11:42:33 GMT
Hi hor1997 and grahamg,
Thank you for bringing this to our attention - we are currently looking into the issue and will keep you updated.
Kind regards, LendingCrowd
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Post by lendingcrowd on Nov 24, 2015 14:50:32 GMT
Hi all,
Sorry for the late reply.
We took the decision to not make the loan available on the Loan Exchange until the first repayment was received. This was on the back of the ex gratia payment to the original Investors and to prevent any new Investors from losing out. W*** H***** will be available to sell on the Loan Exchange on the 14th of December.
Thanks,
LendingCrowd
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Post by Deleted on Nov 26, 2015 18:41:10 GMT
The ex-gratia period was 14 october-14 november. The decision to stop selling in the period 14 nov-14 dec (if this was a decision and not a system bug as I strongly suspect....) is crazy.
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