twoheads
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Programming
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Post by twoheads on Apr 14, 2017 15:27:22 GMT
"No answer" came the stern reply.
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Post by Deleted on Apr 14, 2017 15:55:43 GMT
"No answer" came the stern reply. has been giving much improved updates recently, let's at least give them a chance to get it launched before the day is out. Progress updates throughout the day can't really be required/neccessary!
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twoheads
Member of DD Central
Programming
Posts: 1,089
Likes: 1,192
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Post by twoheads on Apr 14, 2017 16:02:17 GMT
Paul has been giving much improved updates recently, let's at least give them a chance to get it launched before the day is out. Progress updates throughout the day can't really be required/neccessary! Quite right you are...
It just went live at 17:01.
EDIT: £2750 allocation, £14,356 on the SM at live time (peanuts left over from nicely rounding the max allocation).
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Liz
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Post by Liz on Apr 14, 2017 16:04:29 GMT
Paul has been giving much improved updates recently, let's at least give them a chance to get it launched before the day is out. Progress updates throughout the day can't really be required/neccessary! Quite right you are...
It just went live at 17:01.
Yes and there is £14k on the SM, maybe investors got a full allocation. Edit: Thanks twoheads
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jcb208
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Post by jcb208 on Apr 14, 2017 16:07:04 GMT
And can not buy any yet to balance pbl122 as still to be repaid so negative balance
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twoheads
Member of DD Central
Programming
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Post by twoheads on Apr 14, 2017 16:10:52 GMT
And can not buy any yet as pbl122 is still to be repaid so still negative balance I don't have any PBL122.
I would expect that the last action of the LfSS team today will be to repay PBL122 before heading off for their Easter eggs.
Hope they have a good one!
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jcb208
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Post by jcb208 on Apr 14, 2017 16:15:37 GMT
Yep I had more of 122 then allocated in 167 so will see whats around later once repaid
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mikes1531
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Post by mikes1531 on Apr 14, 2017 17:10:12 GMT
Yep I had more of 122 then allocated in 167 so will see whats around later once repaid I'm surprised the repayment of PBL122 is taking so long.
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GeorgeT
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Post by GeorgeT on Apr 14, 2017 19:18:55 GMT
If it takes much longer we will be getting double interest today. Interest on 167 as well as 122.
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guff
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Post by guff on Apr 14, 2017 19:21:07 GMT
Yep I had more of 122 then allocated in 167 so will see whats around later once repaid I'm surprised the repayment of PBL122 is taking so long. I'm surprised that PBL122 wasn't repayed first as per yesterday's update:
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mikes1531
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Post by mikes1531 on Apr 14, 2017 19:43:57 GMT
If it takes much longer we will be getting double interest today. Interest on 167 as well as 122. There's an optimist! I'll guess it's more likely that the interest on PBL122 will stop today even if the loan isn't actually repaid until a few days from now.
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jomantha
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Post by jomantha on Apr 14, 2017 19:47:54 GMT
If it takes much longer we will be getting double interest today. Interest on 167 as well as 122. loved the poem
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mikes1531
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Post by mikes1531 on Apr 14, 2017 20:21:11 GMT
I'll guess it's more likely that the interest on PBL122 will stop today even if the loan isn't actually repaid until a few days from now. Perhaps not, as that really would irritate the people who invested in this loan today. I can see £24k of purchases still visible on the Investor Activity tab, and there probably is more activity that already has scrolled off the list.
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mikes1531
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Post by mikes1531 on Apr 14, 2017 23:16:18 GMT
I'll guess it's more likely that the interest on PBL122 will stop today even if the loan isn't actually repaid until a few days from now. Perhaps not, as that really would irritate the people who invested in this loan today. I can see £24k of purchases still visible on the Investor Activity tab, and there probably is more activity that already has scrolled off the list. It's just gone midnight, and the accrued interest showing in my account has ticked up for both PBL122 and PBL167. Now all we have to watch for is whether the interest paid -- when it finally arrives on 1/May -- matches the accrued interest shown in our accounts on the day the capital is repaid. Is there anyone here who owns a bit of PBL122 and regularly records their accrued interest? (I don't.)
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Post by lendinglawyer on Apr 15, 2017 6:00:13 GMT
PBL167 has gone live but hasn't been drawn down. I expect PBL122 will be repaid simultaneously with drawdown. Interest will need to be paid up until the time of repayment so anyone holding both should indeed "double win" for the overnight interest, and any further overlap.
Question to my mind is why it didn't draw down immediately given the inevitable negative balances go live creates for those in the older loan? I assumed Lendy was delaying launch to ensure a simultaneous drawdown. I hope it draws down before allocations are cancelled for failure to resolve any negative balance. There'll be hell to pay from the haters on these boards if it doesn't!
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