n
Member of DD Central
Yet another Nick
Posts: 879
Likes: 461
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Post by n on May 9, 2017 18:00:15 GMT
Technical issue solved.. and measures coded so it wont happen again. The loan is live on secondary market again. I used some interest to buy some of that before seeing the issue, and it didn't click with me that I was buying a month's worth of interest that didn't exist. It was only 9p so I don't care, but I was wondering if there were others who fell into the trap and what, if anything, Abl might do about it, as there are no transactions relating to it after the original purchase (£9.04 bought for £9.13).
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Post by ladywhitenap on May 11, 2017 9:14:05 GMT
Button needs pushing on 1000060. Has fixing the other problem caused the button to stick maybe?
LW
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Post by ablrate on May 11, 2017 17:36:11 GMT
Sorry.. thay did come in today hence being paid today. We are implementing a tool tip so when you roll over the payment dot it sjows the reason..
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Post by dan1 on May 28, 2017 7:19:54 GMT
1000059 interest payment was due yesterday.
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blender
Member of DD Central
Posts: 5,719
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Post by blender on May 29, 2017 8:16:19 GMT
Two days late. No admin notes. Perhaps I should sell on the SM?
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blender
Member of DD Central
Posts: 5,719
Likes: 4,272
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Post by blender on May 29, 2017 10:06:01 GMT
waiting on my 46p which will take my balance to 1.01 so I can put another £1 on the new loan - anticipation is killing me Maybe your repayment has slid down the back of the Ablrate virtual sofa, and has joined the roundings.
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elliotn
Member of DD Central
Posts: 3,063
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Post by elliotn on May 29, 2017 11:53:10 GMT
Two days late. No admin notes. Perhaps I should sell on the SM? Will require a healthy discount
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blender
Member of DD Central
Posts: 5,719
Likes: 4,272
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Post by blender on May 29, 2017 12:44:40 GMT
Two days late. No admin notes. Perhaps I should sell on the SM? Will require a healthy discount I could start with the current bids, at 95%, but the rest of it would be a problem. My reading is that Ablrate does not have the cash, or it would have been paid, but knows it is coming, or the SM would have been paused. Any other interpretations have unacceptable elements. We shall see.
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Post by darren on May 29, 2017 12:44:59 GMT
It's a bank holiday weekend, which are traditionally reserved for IT problems.
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SteveT
Member of DD Central
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Post by SteveT on May 29, 2017 12:46:46 GMT
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blender
Member of DD Central
Posts: 5,719
Likes: 4,272
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Post by blender on May 29, 2017 13:30:34 GMT
Yes, you are right, SteveT. Payment due on Saturday and may not be in accounts until Tuesday. I did get the impression that they knew payments were coming in some cases. Monthly payments will frequently fall on a weekend, and it is not very impressive to say that we are not bothered to receive the money early enough to make the payments on time, as per contract. Nothing on the site about it. If it is not paid on the due date SM trading should be stopped IMO. This loan now has a record of late payment. According to the T&Cs the borrower has missed a payment, though it is not overdue yet.
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Post by Deleted on May 30, 2017 9:28:50 GMT
So, any sign of that button?
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Post by yorkshireman on May 30, 2017 9:53:39 GMT
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rxdav
Member of DD Central
Posts: 354
Likes: 349
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Post by rxdav on May 30, 2017 16:48:17 GMT
Ablrate - what is going on with this loan - now three days late and nothing on here from you or on the loan notes?
Time to give lenders a heads-up on what's happening here. There's nothing I (and I also suggest many others) hate more than having to ask for information that should have been automatically forthcoming.
First negative for ABL for me - and I was (past tense) actually adding to my holding here.
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Post by webbski9 on May 30, 2017 19:54:34 GMT
I suggest we all mail the CEO ...its just unprofessional and only serves to prove that Ablrate are way behind the curve re communicating with us,the investors.
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