ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,168 
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Post by ozboy on Mar 22, 2017 11:06:54 GMT
Wotta surprise! Needless to say my fat fingers were too slow and I didn't get a bite  |
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Liz
Member of DD Central
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Post by Liz on Mar 22, 2017 11:16:27 GMT
Yep, me too. My lightning fast internet was not fast enough. I bet 95+% of people missed out
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,168
Likes: 4,859
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Post by ozboy on Mar 22, 2017 11:22:25 GMT
It's more than annoying, yet again someone at FS Towers wasn't paying attention and no Bid Limits were imposed on an obvious flyer.
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littonowl
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Post by littonowl on Mar 22, 2017 12:25:00 GMT
I managed to get Tipton today, but missed Bristol yesterday, which went equally fast. Again on that one, a £40K loan, and one person/bot took half, due to no limit being in place...
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,168
Likes: 4,859
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Post by ozboy on Mar 22, 2017 12:27:01 GMT
Lack of, or no, "Attention to detail."
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mikes1531
Member of DD Central
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Post by mikes1531 on Mar 22, 2017 12:42:46 GMT
I managed to get Tipton today, but missed Bristol yesterday, which went equally fast. Again on that one, a £40K loan, and one person/bot took half, due to no limit being in place... It was a similar case today -- about 30% of this loan went to one investor, and 15% to another.
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Post by charpy on Mar 22, 2017 20:09:12 GMT
It just seems like a loan going this fast isn't good for anyone hardly, for big or small sums. Most people trying to get a slice are bound to be disappointed.
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upland
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Post by upland on Mar 27, 2017 10:15:16 GMT
£25 limit on the flat in Lytham today so they may be listening.
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mason
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Post by mason on Mar 27, 2017 10:38:51 GMT
£25 limit on the flat in Lytham today so they may be listening. That was a mistake. It got removed after a few minutes. In any case, a £25 limit on a £50,000 loan is a bit extreme.
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09dolphin
Member of DD Central
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Post by 09dolphin on Mar 27, 2017 11:57:31 GMT
Seems as if FS have real problems managing the loans they release. Loans that take quite a while to be subscribed have stupid limits whereas small loans with incredible security are released with no limit. Frankly you have to question the competence of this P2P site - unless they are being childish and are reacting to the very proper criticism expressed by users.
Whatever the reason for their policy relating to the release of loans it doesn't fill me with confidence and seems most unprofessional. Designed perhaps to deter smaller lenders from lending?
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locutus
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Post by locutus on Mar 27, 2017 12:41:34 GMT
<snip> Designed perhaps to deter smaller lenders from lending? Why would FS want to deter smaller investors from lending? Their entire business model revolves around encouraging as many lenders as possible, regardless of size. I'm all for fair and justified criticism but I don't understand the point being made here.
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Liz
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Post by Liz on Mar 27, 2017 13:22:41 GMT
<snip> Designed perhaps to deter smaller lenders from lending? Why would FS want to deter smaller investors from lending? Their entire business model revolves around encouraging as many lenders as possible, regardless of size. I'm all for fair and justified criticism but I don't understand the point being made here. I agree with you. FS have said they will run some small auctions with a bid limit and some without, as they are trying to keep everybody happy. Clearly an impossible task.
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ben
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Post by ben on Mar 27, 2017 13:53:32 GMT
<snip> Designed perhaps to deter smaller lenders from lending? Why would FS want to deter smaller investors from lending? Their entire business model revolves around encouraging as many lenders as possible, regardless of size. I'm all for fair and justified criticism but I don't understand the point being made here. When it was pawn items then there model resolved around the smaller lendsrs, now they have large property loans to fill, a big lender can put in the same as a lot of smaller lenders, for the property loans they need to attract the big and middle investors.
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rogerthat
Member of DD Central
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Post by rogerthat on Jan 14, 2019 17:22:00 GMT
1622048860 Tipton property Loan £35.5K 46.53%LTV 15/11/2018 We have had confirmation from the broker that the refinance is progressing well. We will continue to monitor and update once there is a firm date for completion. 26/10/2018 A delay on the refinance application was caused by a positive change in the client's income. This needed to be evidenced before the increase could be considered included in the application. The documentary evidence has now been received by the broker and the application made. We are in regular contact with the broker and will monitor the refinance application. If we have indication that there is an issue with the refinance, we will review all options to recover investors funds. fundingsecure..if this is the correct thread for the loan number stated above and as its now 2 months since your last update, have you any further news please ? |
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