is
Posts: 108
Likes: 14
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Post by is on Jun 3, 2014 9:12:10 GMT
6244 just went live, £51k B grade 36M with an unexciting 9.4% fixed rate. For me, a much worse proposition in risk/return terms than the a+ fixed rates with cashback!
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is
Posts: 108
Likes: 14
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Post by is on Jun 3, 2014 9:16:17 GMT
And it's gone, as if by magic! And no way to look up status of course, with the tools provided by FC... (a loan finder anyone? No, why ever we would want that?)
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oldgrumpy
Member of DD Central
Posts: 5,087
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Post by oldgrumpy on Jun 3, 2014 9:22:07 GMT
The loan appears to date from around 21 May. Maybe the FC office "team" have cocked up the listing and actually noticed already and it shouldn't have been fixed rate for us ordinary folks.
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Post by yorkshireman on Jun 3, 2014 9:31:21 GMT
The fact that the loan ID number is way out of sequence (currently 6361 or thereabouts) says everything.
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Post by yorkshireman on Jun 3, 2014 9:37:54 GMT
Maybe the FC office "team" have cocked up That won’t be the first time either, I've no faith in their competence.
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blender
Member of DD Central
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Post by blender on Jun 3, 2014 10:18:34 GMT
Looks like they have put it straight on without renumbering and changing the interest rate arrangements - I assume it was not a property loan. I am pretty sure that this is not the first whole loan reject. The selection process was random and no A+ or C- was taken up, and so you would have expected some of the C- and A+ rejects to have gone through subsequently as normal loans. Can we spot this one when it is renumbered?
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Post by GSV3MIaC on Jun 3, 2014 14:31:21 GMT
Thanks for the comments people, I was starting to wonder if I had imagined this mayfly auction.
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