GBBA, GEIA account question.

It doesn't have to be that way, though.  Other platforms -- I know of Z & RS, and there probably are others -- set a time limit.  If a loan protected by a PF still is overdue/outstanding when the time limit is up, the PF pays out then and there, and the matter is closed as far as the investors in that loan are concerned.  If there are further recovery proceeds received after that time, those are irrelevant to the investors and are used to replenish the PF.

I don't see why AC couldn't adopt a similar policy.  The time limit doesn't have to be as short as some platforms use -- the Z PF pays out when a loan is four months in arrears.  It could be quite long -- two or three years might be reasonable -- and hopefully most defaults would be completely resolved before the time runs out, but having a limit would provide a definite end point for investors, rather than the current AC situation where a default could take many years before it's wound up completely.

andrewholgate:  Are there reasons why such a policy couldn't be implemented at AC?  I realise there are bound to be arguments whether or not this is an idea that AC would want to adopt, and I'm not looking for an answer to that, but I just was wondering whether it's even a possibility within the AC model or whether the idea can't even be considered.

Is there any way to find out what proportion of one's GBBA or GEIA investment is locked up in this way?  Is there any way to find out which loans within one's GBBA / GEIA investment are distressed?

Thanks Jonah. That's helpful, insofar as your answer is, for me, effectively, "no". I have looked several times, but am always defeated by the unintuitive AC UI, and give up in frustration, assuming that the problem lies with me not wrestling with the site with sufficient commitment. 

Sounds like something that needs investigating.

In case people are wondering what happened to this issue, I'm afraid the answer is that the enquiry is still open.  Every week or so since I pointed the problem out to AC I've received an email saying that they're still investigating. The most recent one said "We are currently reviewing your query with our I.T Department."

chris:  Inasmuch as over a month has passed since I raised the issue with Customer Service, can you determine whether the IT review is being pursued actively, or whether it might have been sidelined somehow by other pressing issues?

I made a small investment in GBBA about a year ago and haven't paid a great deal of attention to it I admit as the totals keep going in the right direction. After wanting to probe some more, I was surprised to find the same thing that markdirac did. No way to see what loans I'm invested in beyond trawling through excel, which struck me as very odd.

I'd have thought my loans should be made visible by going to 'Loan book' and 'Your loans', but apparently not. If this operated like Ratesetter, then I really wouldn't care, but if we have to be kept on the hook for loans that become troubled for potentially years, surely I should be able to see that detail a bit more easily than at present?

Edit: After spending another 60 seconds in excel with my transaction summary, I can confirm I clearly fall into the 'life is too short' category when trying to work out what I'm holding