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Post by ditonics on Jul 12, 2017 11:58:13 GMT
Hi all,
After mulling it over for a while I decided to invest with AC, I am new to peer to peer so getting used to its foibles.
How long should it take for money to be invested into the great British business account and the green account?
I have waited 48 hours and only 11 pence has been invested so far.
Thanks
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Post by df on Jul 12, 2017 12:21:03 GMT
Hi all, After mulling it over for a while I decided to invest with AC, I am new to peer to peer so getting used to its foibles. How long should it take for money to be invested into the great British business account and the green account? I have waited 48 hours and only 11 pence has been invested so far. Thanks It depends on the availability of loans matching GBBA and GEIA criteria. At the moment the investment is very slow. Make sure that you select "invest idle funds" on QAA account so that all your univested money are earning 3.75% whilst waiting to be invested.
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Post by ditonics on Jul 12, 2017 12:29:43 GMT
Hi all, After mulling it over for a while I decided to invest with AC, I am new to peer to peer so getting used to its foibles. How long should it take for money to be invested into the great British business account and the green account? I have waited 48 hours and only 11 pence has been invested so far. Thanks It depends on the availability of loans matching GBBA and GEIA criteria. At the moment the investment is very slow. Make sure that you select "invest idle funds" on QAA account so that all your univested money are earning 3.75% whilst waiting to be invested. Thank you. I have the QAA set up in that way. How long are we talking, days, weeks, months? Is there a supply and demand imbalance at the moment on the platform then? If it is going to be months would I be better off putting more of my money in the 30day account and drawing it off in smaller lots into the GBBA and GEIA and MLIA?
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Post by df on Jul 12, 2017 12:48:44 GMT
It depends on the availability of loans matching GBBA and GEIA criteria. At the moment the investment is very slow. Make sure that you select "invest idle funds" on QAA account so that all your univested money are earning 3.75% whilst waiting to be invested. Thank you. I have the QAA set up in that way. How long are we talking, days, weeks, months? Is there a supply and demand imbalance at the moment on the platform then? If it is going to be months would I be better off putting more of my money in the 30day account and drawing it off in smaller lots into the GBBA and GEIA and MLIA? It is hard to predict. A few months ago anything I put in GB&GE was invested within a couple of minutes. At the moment the supply is low. I do this with 30day - make regular withdrawals so that there is always some funds available in case of new loan supply, if there isn't - I return the funds back to 30day. There are currently about 70 loans available in MLIA. It will be much quicker to invest manually at the moment.
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