-
13-06-2018, 09:46 AM
#3401
Member
Originally Posted by leesal
From experience I'd say just different "Categories" of credit control
Borrowers are able to vary the terms if they suffer "unforseen financial hardship" through a formal application. HM would also no doubt vary terms on a case-to-case basis as part of their collection process.
Therefore I'd read "Current (61-90)" - to mean that collections have been renegotiated, so borrower is on track with payments, but from a lender perspective client remains 2 months behind.
1) if its been renegotiated in some way we should know.. perhaps a status of "credit control" or "impaired" or "under supervision"
2) last payment April.. if they've renegotiated for a temporary reduction in payments there should at least one smaller payment more recently than April.
-
13-06-2018, 04:10 PM
#3402
Member
Over the past 2 years I've queried quite a number of loans recorded as current but actually in arrears by my reckoning and every time the response has been to change the status to in arrears. There is definitely a problem with recording of status.
-
14-06-2018, 04:05 PM
#3403
-
14-06-2018, 04:47 PM
#3404
Junior Member
This is ridiculous, there are just no loans available?
-
14-06-2018, 05:09 PM
#3405
Member
Originally Posted by johna
This is ridiculous, there are just no loans available?
I haven't had a single auto lend loan purchased for over a month, and at all times I have had 2k-3k+ sitting idle
But there is really odd stuff happening
Eg Today there were 2 loans on the market place both of which matched my auto lend rules perfectly - and searching with my auto lend filter confirmed this, But auto lend did not invest
I then Manually invested in both LAI*00131746 & LAI*00131744 - The loans then sat on the market place for several hours before they were filled.
It seems like a case of there are not enough loans - and at the same time not enough investors( to fill a loan while investors suitably diversify / fractionalize )
LAI*00131744 D5 26.49% 60 2.6% $24,125 Business Cash Flow
LAI*00131746 C3 21.9% 60 0.56% $40,450 Debt Consolidation
-
14-06-2018, 07:28 PM
#3406
Junior Member
Originally Posted by humvee
I haven't had a single auto lend loan purchased for over a month, and at all times I have had 2k-3k+ sitting idle
But there is really odd stuff happening
Eg Today there were 2 loans on the market place both of which matched my auto lend rules perfectly - and searching with my auto lend filter confirmed this, But auto lend did not invest
I then Manually invested in both LAI*00131746 & LAI*00131744 - The loans then sat on the market place for several hours before they were filled.
It seems like a case of there are not enough loans - and at the same time not enough investors( to fill a loan while investors suitably diversify / fractionalize )
LAI*00131744 D5 26.49% 60 2.6% $24,125 Business Cash Flow
LAI*00131746 C3 21.9% 60 0.56% $40,450 Debt Consolidation
That's curious! What time were they on the marketplace? I've logged on several times today and never seen a loan available at all.
-
14-06-2018, 08:04 PM
#3407
yeah, nah
Market place summary fixed perhaps:
Activity LAST 24 HRS 7 NEW LOANS $190,000 FULLY FUNDED LOAN AMOUNT
-
15-06-2018, 07:32 AM
#3408
Member
Originally Posted by johna
That's curious! What time were they on the marketplace? I've logged on several times today and never seen a loan available at all.
Not sure exact time - Mid morning
-
15-06-2018, 07:38 AM
#3409
Member
Originally Posted by humvee
Not sure exact time - Mid morning
There is another there at the moment - LAI*00131775 - doesnt meet my requirements though - judging by the fact it only has 13 days left I would say it has been there since some time last night
-
15-06-2018, 07:53 AM
#3410
Member
Originally Posted by myles
Market place summary fixed perhaps:
Activity LAST 24 HRS 7 NEW LOANS $190,000 FULLY FUNDED LOAN AMOUNT
Maybe they found a way to split the markets?!
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks