tomtom
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Post by tomtom on Jun 19, 2016 17:13:49 GMT
I have just put up for sale two loans 89 and 91, 81 has been sold and ammounted credited to my account, loan 91 has been 92% sold but no money credited to my account why is this? could it be that the money is only credited to your account when it is 100% sold? Yes , it will be credited once 100% sold. thanks for your nreply, since the ammount outstanding to sell is just £1.27 is there a time limit on how lond SS will with hold payment?
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nick
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Post by nick on Jun 19, 2016 17:19:08 GMT
Yes , it will be credited once 100% sold. thanks for your nreply, since the ammount outstanding to sell is just £1.27 is there a time limit on how lond SS will with hold payment? No time limit - you will only get credited once 100% sold. If you need the credit now, you could just purchase the remaining amounts (assuming that your parts are at the front of the queue, which they should be if they are partially sold).
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Liz
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Post by Liz on Jun 19, 2016 17:20:53 GMT
Yes , it will be credited once 100% sold. thanks for your nreply, since the ammount outstanding to sell is just £1.27 is there a time limit on how lond SS will with hold payment? Until it sells, or repays, in theory months, if the 1.27 didn't sell  I'm sure it will sell soon. Or you could buy it yourself, to release the funds.
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goopy
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Post by goopy on Jun 19, 2016 18:23:06 GMT
Yes , it will be credited once 100% sold. thanks for your nreply, since the ammount outstanding to sell is just £1.27 is there a time limit on how lond SS will with hold payment? If you're worried about it buy the £1.27 back yourself, it must be at the fromt of the queue... Edit: Oops, didn't see Liz's reply....
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tomtom
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Post by tomtom on Jun 19, 2016 18:40:49 GMT
thanks for your nreply, since the ammount outstanding to sell is just £1.27 is there a time limit on how lond SS will with hold payment? If you're worried about it buy the £1.27 back yourself, it must be at the fromt of the queue... Edit: Oops, didn't see Liz's reply.... Thanks for your reply, did what you suggested and it freed up just over £300 and then put the remaining loan back on sale, and low and behold it sold in just under 3 minutes.
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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 Jun 19, 2016 22:27:51 GMT
I have a similar problem, don't want to sell my best loans to settle a negative balance. I would sell some that I bought in the last 7 days, but obviously can't. I withdrew money on Friday morning and again on Friday afternoon. Neither payment has arrived in my bank account. These payments would cover my negative balance. Is there any way of cancelling withdrawal instructions ? I hope SS process withdrawals a few hours before deleting pre-fund allocations. Bear in mind that SS dont process withdrawls if there is a negative balance, even if that was created after the withdrawl request was made but before SS get round to actioning it. The request just remains in limbo until negative is resolved Email SS and they might recredit the unprocessed withdrawls ( I think they have done before)
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jamesc
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Post by jamesc on Jun 22, 2016 14:48:04 GMT
For the first time ever got a text from SS reminding me of my negative balance (only 24 hours old), however I wonder given the amount of stuff they put on the SM this morning they are starting to tighten up.
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skippyonspeed
Some people think I'm a little bit crazy, but I know my mind's not hazy
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Post by skippyonspeed on Jun 22, 2016 15:22:29 GMT
I have just put up for sale two loans 89 and 91, 81 has been sold and ammounted credited to my account, loan 91 has been 92% sold but no money credited to my account why is this? could it be that the money is only credited to your account when it is 100% sold? When the SM is like has been for the past few days, it is best to split loans into smaller chunks, that way if a small portion isn't moving you still get payments for the parts have that have fully sold.
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fasty
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Post by fasty on Jun 22, 2016 16:09:41 GMT
How often do SS update the account balance shown?
I got the rather insistent email from them early this morning, and immediately transferred the appropriate amount. Now, NatWest claim that "faster payments" should arrive within 2 hours, yet no update shown on SS. (I did successfully make a payment before, so the details should be correct.)
Apologies if this has been addressed elsewhere, but I'm a newbie to this particular forum, being gradually lured over from Fumbling Circus.
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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
Posts: 11,329
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Post by ilmoro on Jun 22, 2016 16:18:58 GMT
How often do SS update the account balance shown?
I got the rather insistent email from them early this morning, and immediately transferred the appropriate amount. Now, NatWest claim that "faster payments" should arrive within 2 hours, yet no update shown on SS. (I did successfully make a payment before, so the details should be correct.)
Apologies if this has been addressed elsewhere, but I'm a newbie to this particular forum, being gradually lured over from Fumbling Circus. They do a credit run each morning, so if youve made a transfer today it wont appear until tomorrow morning normally. Its a manual process.
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Post by Deleted on Jun 22, 2016 16:19:30 GMT
How often do SS update the account balance shown?
I got the rather insistent email from them early this morning, and immediately transferred the appropriate amount. Now, NatWest claim that "faster payments" should arrive within 2 hours, yet no update shown on SS. (I did successfully make a payment before, so the details should be correct.)
Apologies if this has been addressed elsewhere, but I'm a newbie to this particular forum, being gradually lured over from Fumbling Circus. fasty - It will be updated tomorrow morning.
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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
Posts: 11,329
Likes: 11,549
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Post by ilmoro on Jun 22, 2016 16:21:59 GMT
How often do SS update the account balance shown?
I got the rather insistent email from them early this morning, and immediately transferred the appropriate amount. Now, NatWest claim that "faster payments" should arrive within 2 hours, yet no update shown on SS. (I did successfully make a payment before, so the details should be correct.)
Apologies if this has been addressed elsewhere, but I'm a newbie to this particular forum, being gradually lured over from Fumbling Circus. They do a credit run each morning, so if youve made a transfer today it wont appear until tomorrow morning normally. Its a manual process. By the way, there is a FAQ at the top of the board which might answer any Qs like this. Link to that any other interesting bits in my sig below (Quick check - yep covered that)
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fasty
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Post by fasty on Jun 22, 2016 16:25:50 GMT
They do a credit run each morning, so if youve made a transfer today it wont appear until tomorrow morning normally. Its a manual process. By the way, there is a FAQ at the top of the board which might answer any Qs like this (Quick check - yep covered that) OK, thanks everyone. Apologies I missed it in the excellent FAQ. I did read the FAQ in it's entirety, however some evidently went in one ear and out the other 
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Post by Deleted on Jun 27, 2016 9:30:00 GMT
Are SS allowing more time for payment at the moment because of the sales queues on the secondary market ?
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