dh1
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Post by dh1 on Nov 13, 2020 7:25:51 GMT
I was hoping somebody else would say this - thanks, blender.
Whilst I really, really, don't like payments being late at all - other platforms seem to sort them on time - looking at these stats show that 84% of these particular payments due were made within 2 days. Given that we're talking about the risky p2p sector, perhaps that's not too bad...
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Post by Badly Drawn Stickman on Nov 13, 2020 21:49:56 GMT
I can't resist contributing a couple of facts... Sorry in advance!
Looking at last 12 payments for each of the 8 Always Cheerful and Incisive loans, out of the 96 payments:
44 were made on time
23 were 1 day late
14 were 2 days late and
15 were more than 2 days late.
None have apparently been more than 7 days late.
There seems to be no real pattern between loans; all have been 1 day late at least once; all except one have been 2 days late at least once; all except (another) one have been more than 2 days late at least once.
Go figure!
Have you attempted to correlate the delays with weekends and bank holidays? This is the norm for Ablrate, it's how it works and imperfect. But it's not worth worrying about. Probably better to worry about the small stuff than the big stuff really, better chance of clearing up a lot of worries with minimal effort. (I really ought to be charging for these insights) An interesting small worry is readily available here, short of a total change in normal events 89 will become the first plus 7 day late loan. Personally I think the money is being 'sat on' deliberately by ablrate to distract us from a bigger problem.
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Balder
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Post by Balder on Nov 14, 2020 7:50:25 GMT
Have you attempted to correlate the delays with weekends and bank holidays? This is the norm for Ablrate, it's how it works and imperfect. But it's not worth worrying about. Probably better to worry about the small stuff than the big stuff really, better chance of clearing up a lot of worries with minimal effort. (I really ought to be charging for these insights) An interesting small worry is readily available here, short of a total change in normal events 89 will become the first plus 7 day late loan. Personally I think the money is being 'sat on' deliberately by ablrate to distract us from a bigger problem. I asked Ablrate by email regarding 89 - told that they said it would be paid "next week" - why no Admin note has been issued is anyone's guess!
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dh1
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Post by dh1 on Nov 14, 2020 19:32:45 GMT
Beginning to wish I hadn't started this stats thing...
Folks might also be interested in the last 12 payments for each of the 8 Fore (related) loans (number 9 is new and not here as a result, 96 payments in total): 62 were made on time 20 were 1 day late 12 were 2 days late and 2 were more than 2 days late. None have been more than 3 days late, so 98% of all payments were made within 2 days of the due date, weekends and Bank Holidays notwithstanding.. Does make you wonder what the explanation is for Always Cheerful and Incisive's payment performance. ablrate may care to comment, especially in light of some of the other posts here.
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Balder
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Post by Balder on Nov 16, 2020 12:34:05 GMT
89 over a week late now ablrate and no updated Admin note - is that effective and timely communications?
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blender
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Post by blender on Nov 16, 2020 14:09:45 GMT
Each passing day makes it more likely that VI's suggestion is correct - that Ablrate have it but are not paying, just to distract from a greater problem. Now I am no longer worried about this tightly bound group of loans, which I do not hold, and am worried in case the real problem will affect the loans I do hold. Drat!
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Post by ladywhitenap on Nov 16, 2020 17:55:08 GMT
Each passing day makes it more likely that VI's suggestion is correct - that Ablrate have it but are not paying, just to distract from a greater problem. Now I am no longer worried about this tightly bound group of loans, which I do not hold, and am worried in case the real problem will affect the loans I do hold. Drat! A very limp wristed admin note just been added for #89 Something like "W T F are you playing at? Payment is demanded in 24hrs" might give more urgency to the borrower! LW
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Post by Badly Drawn Stickman on Nov 16, 2020 18:17:32 GMT
Would this be a good time to mention that I can never read the update emails?
The ablrate logo is so big it makes it impossible to see without having to scroll it all directions. I have to log in to the site and read them there with any ease.
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Post by ablrate on Nov 17, 2020 9:42:31 GMT
Would this be a good time to mention that I can never read the update emails? The ablrate logo is so big it makes it impossible to see without having to scroll it all directions. I have to log in to the site and read them there with any ease. That should have been fixed... can you send a screenshot to info@
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Post by Badly Drawn Stickman on Nov 17, 2020 12:26:41 GMT
Would this be a good time to mention that I can never read the update emails? The ablrate logo is so big it makes it impossible to see without having to scroll it all directions. I have to log in to the site and read them there with any ease. That should have been fixed... can you send a screenshot to info@ It almost warrants a video. Imagine your avatar, I see 3/4 of that scroll down and find the start of the update then scroll across to read the end. Long updates are great fun. Oddly doesn't rate as much of a problem in my World, I simply delete them and log in and read it on the site. Think they have been that way for as long as I can remember, its the quirky things you get strangely attached to sometimes.
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brianlom1
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He's not the Messiah, he's a very naughty boy!
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Post by brianlom1 on Nov 17, 2020 16:13:45 GMT
1000074
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TitoPuente
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Post by TitoPuente on Nov 17, 2020 20:32:10 GMT
Would this be a good time to mention that I can never read the update emails? The ablrate logo is so big it makes it impossible to see without having to scroll it all directions. I have to log in to the site and read them there with any ease. That should have been fixed... can you send a screenshot to info@ Funny the fast reaction to address this but not all the speculation about #89 and the other associated loans. Hopefully this is just a proud dismissal.
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Nomad
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Post by Nomad on Nov 19, 2020 13:23:46 GMT
That should have been fixed... can you send a screenshot to info@ Funny the fast reaction to address this but not all the speculation about #89 and the other associated loans. Hopefully this is just a proud dismissal. Will there be any further update on 1000089 this week, ablrate ??
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Post by Badly Drawn Stickman on Nov 19, 2020 13:28:04 GMT
Funny the fast reaction to address this but not all the speculation about #89 and the other associated loans. Hopefully this is just a proud dismissal. Will there be any further update on 1000089 this week, ablrate ?? Its stablemate 114 is running in the 2 o'clock, if that pulls up lame as well it would suggest the trainer is to blame. Edit a winner at 10/4 so back to my original theory, that 89 was mangled by a 'complicated' program over the payment weekend. Edit 2 forgot the punchline....... Time for some nagging.
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Post by ladywhitenap on Nov 19, 2020 17:41:29 GMT
Will there be any further update on 1000089 this week, ablrate ?? Its stablemate 114 is running in the 2 o'clock, if that pulls up lame as well it would suggest the trainer is to blame. Edit a winner at 10/4 so back to my original theory, that 89 was mangled by a 'complicated' program over the payment weekend. Edit 2 forgot the punchline....... Time for some nagging. 114 came romping in on time @abrate - Come on guys tell us what is going on with 89 please LW
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