Massive amount of loans just uploaded. I have never seen so many. Loan listing stats don't seem to be updating though. Almost feels like a glitch!
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Massive amount of loans just uploaded. I have never seen so many. Loan listing stats don't seem to be updating though. Almost feels like a glitch!
There were 28 available at one point- first time I've ever needed to scroll over to page 2:
Attachment 10012
Yes updating was a problem this morning...I found (too late) that the platform failed to show that I was already invested in several loan. As a consequence, I have doubled and tripled up on some loans. Have emailed Harmoney for a fix/cancellation of the over-investment...not holding my breath. Be wary of this issue - I have encountered it previously.
Bugger, had my first loan get charged off today. E2 from Dec 2017. Looks like 3 payments were made, then nothing. 97% of principal lost on that one, and one more that is getting rather close to the 180day mark too. Also an E2, from the very same day as the first.
Finally got around to doing a time lapse chart of loans vs time ($100K invested in the first ~3 months):
http://i634.photobucket.com/albums/u...ey/timeage.gif
After the initial $100K investment, no further funds are added, just reinvestment of paid off loans and interest. It really highlights how few loans are likely to go full term. [The total period is around 18 months].
At about week 30 (7 months), the number of the original 'lump' of loans plummets.
Thanks Myles, but the lines don't show for me...
Is that working for you now? Forum appears to mangle gif videos as it resizes them and just stores a single frame? Have hosted offsite.
Hmm, looks like the forum renames the gif image to jpg, which would confuse some browsers, that's why it was working for me and I didn't notice (Chrome is good)...
I assume that is for myles? I didn't get or expect anything.
Anyway, next question.. how have I ended up with a negative funds available amount? I did invest in a few loans today, but I thought the system was supposed to stop you from investing money you don't have? -$38.09 available funds.