|
Post by wonder on Mar 10, 2017 9:24:32 GMT
The amount available for some of the loans (e.g., DFL004) seems to be increasing! Odd, I would have expected 12% loans with plenty of days left to be hoovered up, as deposits clear. I guess some investors are only now logging on, and selling off stuff to pay for their new purchases. Otherwise, I'm not sure how to explain it.
|
|
|
Post by d_saver on Mar 10, 2017 9:25:15 GMT
Not all of them. Perhaps today's only. I'm still waiting on funds they had yesterday.
|
|
puffin
Member of DD Central
Posts: 87
Likes: 26
|
Post by puffin on Mar 10, 2017 9:25:31 GMT
No sign of my deposit from yesterday.
|
|
|
Post by d_saver on Mar 10, 2017 9:28:04 GMT
The amount available for some of the loans (e.g., DFL004) seems to be increasing! Odd, I would have expected 12% loans with plenty of days left to be hoovered up, as deposits clear. I guess some investors are only now logging on, and selling off stuff to pay for their new purchases. Otherwise, I'm not sure how to explain it. I think it is a question of quality and balance too. I would rather have some of the older 12% than the newer, longer term 11% for example. The one I wanted to go large on had in excess of 50k there yesterday. As soon as they did a funds run, it went in a minute. I don't want to get too large on the others. There's still 2-3 I'll use the deposit on, but am more cautious of.
|
|
mickj
Member of DD Central
Posts: 435
Likes: 191
|
Post by mickj on Mar 10, 2017 10:21:54 GMT
Wowsers £3,703,805 on the SM with £150,867 available in default loans. Lots of nice loans if you could invest in them. Tomorrow could be interesting. Saving SS about £1,200 per day in interest payments. I'm sure they once said they were sticking this in the PF, I doubt it. We don't half kick SS on this forum! They pay us 12% and get a kicking in return I'm not kicking anyone Liz, quite happy with SS as long as I can keep to longer and higher........... SM now £3,799,590 (10.15am) and £165,032 default. yesterdays deposit just processed and zero balance for me. Edit : 10.40am £297,253 go live for tomorrow.
|
|
|
Post by jackpease on Mar 10, 2017 10:38:20 GMT
All very exciting. Deposited yesterday cleared teatime. Deposited more overnight cleared before 9am. Deposited more 9am - await clearing. There's loads of good stuff i'd like to increase my position on. Easily the most exciting and usable platform - ironically if and when the sort out instant credits it'll revert to being dull again Jack P
|
|
capucino
Member of DD Central
Posts: 89
Likes: 38
|
Post by capucino on Mar 10, 2017 10:43:33 GMT
I made 2 deposits yesterday, one in the afternoon, one in the evening.
The evening one has cleared but not the fternoon one.
SS, fix this ASAP
|
|
jonno
Member of DD Central
nil satis nisi optimum
Posts: 2,792
Likes: 3,213
|
Post by jonno on Mar 10, 2017 10:51:46 GMT
All very exciting. Deposited yesterday cleared teatime. Deposited more overnight cleared before 9am. Deposited more 9am - await clearing. There's loads of good stuff i'd like to increase my position on. Easily the most exciting and usable platform - ironically if and when the sort out instant credits it'll revert to being dull again Jack P Oh yes soooo exciting, having made a large four figure deposit yesterday afternoon and still waiting for it to hit my account. I'm so excited I've damn near pi**ed myself
|
|
|
Post by richyp on Mar 10, 2017 10:55:48 GMT
I made 2 deposits yesterday, one in the afternoon, one in the evening. The evening one has cleared but not the fternoon one. SS, fix this ASAP it seems a fair few of us are affected by this - yesterday afternoon/evening deposits not gone through but ones done this morning (same account) went through fine - seems that a certain run is stuck for some people - but not all.
|
|
|
Post by barberbookie on Mar 10, 2017 10:59:34 GMT
All very exciting. Deposited yesterday cleared teatime. Deposited more overnight cleared before 9am. Deposited more 9am - await clearing. There's loads of good stuff i'd like to increase my position on. Easily the most exciting and usable platform - ironically if and when the sort out instant credits it'll revert to being dull again Jack P At least someone seems very excited with the new system. Just cannot see any advantage myself. Gone from selling my loans in an instant to being stuck in a loan with hundreds of thousands for sale. Hopefully it will shift over next few days and we can all get back to being dull again.
|
|
|
Post by GSV3MIaC on Mar 10, 2017 11:48:12 GMT
No one's going to leave their account in surplus all the time just in case something comes up for sale. Actually some of us are (and already did). Just a % or two of our total though, so we too choked on the glut, having picked all the best cherries...
|
|
|
Post by barberbookie on Mar 10, 2017 12:10:08 GMT
No one's going to leave their account in surplus all the time just in case something comes up for sale. Actually some of us are (and already did). Just a % or two of our total though, so we too choked on the glut, having picked all the best cherries... Must have more money than sense
|
|
twoheads
Member of DD Central
Programming
Posts: 1,089
Likes: 1,192
|
Post by twoheads on Mar 10, 2017 12:23:55 GMT
Actually some of us are (and already did). Just a % or two of our total though, so we too choked on the glut, having picked all the best cherries... Must have more money than sense I try to leave 1% available for SM since the demise of INPL. And since I don't have much money I must therefore not have much sense.
Daily routine (on days when I am working at my computer): Sell my least good stuff to generate 1% available cash (it usually sells very fast - until yesterday). Attempt to buy better stuff on the SM until the pot is used up. Repeat if I can be bothered, depending on time of day etc.
If all goes well, all funds are invested at midnight.
Sometimes I have up to 1% not invested when the interest accrues at midnight. As I have pointed out before that changes my return from 12% to 11.88% in the worst case.
|
|
guff
Posts: 730
Likes: 707
|
Post by guff on Mar 10, 2017 12:26:46 GMT
As I have pointed out before that changes my return from 12% to 11.88% in the worst case. How can you afford to feed yourself?
|
|
|
Post by jackpease on Mar 10, 2017 13:02:53 GMT
At least someone seems very excited with the new system. Just cannot see any advantage myself. Gone from selling my loans in an instant to being stuck in a loan with hundreds of thousands for sale. Hopefully it will shift over next few days and we can all get back to being dull again. Please don't get me wrong - the old INPL system was the single biggest USP for SS as far as i was concerned. It was so good it mean't you couldn't buy anything! It's been said elsewhere but SS was sort of obliged to get rid of it. Leaving us with the tension/annoyance/excitement of seeing our money credited and wondering when we can embark on a feeding frenzy. I wonder if any of the many forumites who have flounced out are wishing they are back? Jack P
|
|