Deployment for everyone in 7 days?

Yes please . After getting my confirmation email of 100% deployment on Feb 28th, just a few days later, on March 3rd, I am already down to 93.6%, with no idea of when I might recover back to 100%. Of course this is yet another way that the 7% target is hit and it is frequently happening to everyone here.

I know from posts last autumn, when there was a severe drought of incoming loans, there were priority bands set within the algorithms so that people with the lowest deployment received priority over people at a higher level. In this way there was some process to make the distribution of incoming loans more equitable.

So do people who have managed to slowly claw their way up to 100% then receive any special consideration, or do they just quickly fall back into those bands discussed last autumn ?

When you initially set your preferences to "Automatically Reinvest " you don't really expect to have to wait a long time for this, especially if there are already loans available to fund it.

Apart from the unexpected early repayment of loans, it should be possible to predict the future level of demand for automatic reinvestment and therefore devise a way of handling it, so that reinvestment is performed with the minimum of delay. It must also have been possible to see the oncoming drought last autumn, when part of the problem was apparently due to already known seasonal variations in loan repayment schedules. With a limited number of staff, it is impossible to plan for every known future event of course. But if your business is expanding as quickly as reported elsewhere here, it is simply a matter of acquiring additional resources and putting them into the most productive areas.

Mar 6, 2017 17:06:43 GMT stevefindlay said:

PS: and if we could get everyone fully deployed in 7 days....how good would this be....

I think these charts are very useful, as they are trying to show how the product is expected to work and how (for the first two charts) it works best on a very long timescale of one year. The earlier two charts tend to show the time to reach an end goal of 7% is not very dependent on the initial deployment rate, but rather obscure the fact that your actual cash returns will be much less with the slower deployment rate, especially in the first few weeks.

The last chart here is what most people would really love to see as the actual cash returns are very fast indeed. Instead of waiting the best part of a year to get 7% returns here they are already very close to 7% within one month. So this then really transforms the product from a long term to a short term one.

I can perhaps see why it is difficult to quickly deploy a very large investment, even if the loans are there to fund it, but if it is just a few thousand pounds it seems to me that it should not be too difficult to do this now. Indeed a few lucky people have already achieved this and I am thinking this may be entirely due to the special accelerated deployment algorithm which was developed last year, but which is only used when the overall platform loan funding is close to 100%. I remember people enjoying full allocation within 7 days earlier last year but then finding great disappointment a few months later when they found it very difficult to deploy any new funds. This then led to the severe famine last autumn where everyone had to wait several months for things to get back to normal. So if the platform funding is maintained at around 100% it would seem that 7 day deployment is possible for everyone, perhaps with the exception of very large deposits. So do we really need to wait for several months for 7 day deployment when it seems the facility to do this already exists, as long as the platform funding allows it ?