mikes1531
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Post by mikes1531 on Nov 9, 2014 11:02:00 GMT
Just put my last £100 up for sale. Don't all rush at once. I got a piece! And, since my purchase didn't use up all my available cash, I presume the sale went through as soon as the holding was offered.
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agent69
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Post by agent69 on Nov 9, 2014 12:27:37 GMT
Just put my last £100 up for sale. Don't all rush at once. I got a piece! And, since my purchase didn't use up all my available cash, I presume the sale went through as soon as the holding was offered. There was a frenzy of activity as soon as I hit the sell button (5 lots of £19.26). And almost as fast it was replaced with £96.30 from a care home. I know some people have issues with the new site but I think the splitting of loan parts and automatic buying is a big improvement.
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oldgrumpy
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Post by oldgrumpy on Nov 9, 2014 12:36:50 GMT
Why didn't it do five lots of £20? (Or was your sale £96.30?)
edit: Oh.. must've been, hence your stake in the care home being £96.30.
I'll be awake soon.
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warn
Member of DD Central
Curmudgeon
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Post by warn on Nov 9, 2014 15:41:55 GMT
Too much potassium, ask me.
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oldgrumpy
Member of DD Central
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Post by oldgrumpy on Nov 11, 2014 15:32:53 GMT
Too much potassium, ask me. Keeps me off "the tablets"  If anyone's got an email saying drawdown is imminent, they've grabbed your cash for shadow bid settlement and you haven't got enough in the original loan to fulfil all your bids FEAR NOT!! It didn't occur to AC to use today's figures before sending out the email. They thought last Friday's would do (see the loan page). Really!!! 
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Post by Ton ⓉⓞⓃ on Nov 11, 2014 16:04:34 GMT
Too much potassium, ask me. If anyone's got an email saying drawdown is imminent, they've grabbed your cash for shadow bid settlement and you haven't got enough in the original loan to fulfil all your bids FEAR NOT!! It didn't occur to AC to use today's figures before sending out the email. They thought last Friday's would do (see the loan page). Really!!! I don't understand? I think the Borrower has said they'd like this new loan all in one big hit rather than two tranches a month or so apart... as it's taken us so long to get our @ducks in a row.
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oldgrumpy
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Post by oldgrumpy on Nov 11, 2014 16:10:03 GMT
Old holding (which will be paid off) + new cash = my shadow bids on new loan to be drawn down.
Except that the old holding has been changing hands over the weekend so they shouldn't have used last Friday's figure for phrasing the email. It says I haven't got enough overall to cover my bids. But I have.
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Post by Ton ⓉⓞⓃ on Nov 11, 2014 16:21:27 GMT
I didn't get the email & I haven't got enough T1 to cover T2...
What fun!
IN EDIT. As I sold £20 too much over the weekend.
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oldgrumpy
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Post by oldgrumpy on Nov 11, 2014 17:34:19 GMT
I didn't get the email & I haven't got enough T1 to cover T2... What fun! IN EDIT. As I sold £20 too much over the weekend. Huh! Wot greedy git bought that, I wonder?
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Post by Ton ⓉⓞⓃ on Nov 20, 2014 15:57:15 GMT
This loan is now drawn; hopefully the delay hasn't caused too much trouble for the Borrower, but I think, Colin, that the repayment schedule has not been entered as it's at 0%interest and the repayment dates are for today. |
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sl75
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Post by sl75 on Nov 20, 2014 16:29:59 GMT
The various shenanigans during drawdown left my cash account a penny short. Looking at the statements, although I'd set a £300.00 target in T1 (to match my T2 shadow bids), and the site had previously reported I had £300.00 of the loan, I was only repaid £299.991545... principal (with the "temporary loan" being for this same amount), even though T2 drew down a full £300.00. Further, the fractional pennies as shown on the statement do not appear to balance... According to my cash statement, I originally lent £180 in June, and received principal repayments totaling £6.668301 up until October [the first 2 of which were for an exact number of pence]. This leaves an outstanding balance of £173.331699. On 28 Oct, MLIA reports it purchased a total of exactly £126.67 from other lenders (in 4 transactions a few minutes apart, as I was fiddling with the new site a bit at the time) which by my reckoning should bring my total exposure to £300.001699 - although the site had been reporting exactly £300.00 as requested. The Principal repayment received was £299.991545 - which according to the amounts reported in the statement elsewhere was a penny short... or £0.010154 short to be a little more precise. Which of the various figures leading into this conclusion are wrong (or reported incorrectly)? ... or am I really missing a penny? What is the point of tracking figures to 20 decimal places if the figures to the full reported precision don't even balance to two decimal places? Maybe chris or Colin can explain? |
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Neil
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Post by Neil on Nov 20, 2014 16:44:06 GMT
I think my fractional pennies are a bit skew-whiff as well. (Is that how you spell skew-whiff?!)
I had a puny £20 bid on this loan. My MLIA Statement shows a debit for £19.99999266382367984220. So I was one ten-thousandth of a penny short.
When I go to the actual loan page it says my holding is a nice round £20!
Not that bothered. Just those ten-thousandths soon add up ...
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Post by Ton ⓉⓞⓃ on Nov 20, 2014 17:26:53 GMT
I think my fractional pennies are a bit skew-whiff as well. (Is that how you spell skew-whiff?!) I had a puny £20 bid on this loan. My MLIA Statement shows a debit for £19.99999266382367984220. So I was one ten-thousandth of a penny short. When I go to the actual loan page it says my holding is a nice round £20! Not that bothered. Just those ten-thousandths soon add up ... Many-a-ten-thousandths-of-a-mickle-makes-a-muckle
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mikeb
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Post by mikeb on Nov 20, 2014 18:31:15 GMT
The various shenanigans during drawdown left my cash account a penny short. What is the point of tracking figures to 20 decimal places if the figures to the full reported precision don't even balance to two decimal places? I was off by a penny too. Add it to the pile of rounding errors  As to your last point, I have memorised PI to 20 decimal places. 4.8374 ... you get the idea.
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kermie
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Post by kermie on Nov 20, 2014 18:38:35 GMT
Not quite sure what happened: when I logged in this evening, my dashboard said I had £x "Awaiting Withdrawal" - (where x = the amount I redeemed from T1 and invested in T2 - with no additional investment, a straight swap).
Anyway - when I tried to move the recent interest from Cash Account to MLIA, it offered me the chance to "cancel" the withdrawal request - which I did. This cleared matters up, I think.
Just one to watch out for.
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