Harmoney

[leesal]

They shopped around and 20 other lenders said NO or wanted higher interest?!!

Takes time to make an application doesn't it, and they wind up going for one at 26%? Is it even possible? And if so, why do they get a D4 grade living with Mum & Dad?

Somebody at HM with fat-fingers?

[myles]

They shopped around and 20 other lenders said NO or wanted higher interest?!!

Yep, I reckon that's probably it.

I know some still think Harmoney rates are excessive, but there was a loan comment in the last week or so that indicated the borrower was moving from GEM to Harmoney because the GEM rate had increased to 49%!!!

[leesal]

Yep, I reckon that's probably it.

I know some still think Harmoney rates are excessive, but there was a loan comment in the last week or so that indicated the borrower was moving from GEM to Harmoney because the GEM rate had increased to 49%!!!

Alec Baldwin "You can do better..... then 49%!"

I must be underestimating the industriousness/persistence the applicants. Was verging taking that loan as thought it was a typo and it otherwise met my filter conditions. Probably a good one to leave!

Loans having more then 12 enquiries from the dataset:
Number of instances = 93
Range: 13 to 43 enquiries
Invested = $5450
Interest earned = $1079
Charged off = $580

[humvee]

Hi Humvee,
Have you received any more correspondence regarding the errors you reported, or have you seen corrections come through in your reports section? Very curious to know how you got on.

There has certainly been some improvement/reduction in the number of errors - however no real updates or explanations - particularly as to if we are out of pocket because of some of the errors eg completed loans that still owe money


Before
Showing as Paid off but still owe money = 67
Showing as Current but $0 owing = 54
Negative outstanding principal = 17


Now

Showing as Paid off but still owe money = 16
Showing as Current but $0 owing = 1
Negative outstanding principal = 13

[Wsp]

Somebody at HM with fat-fingers?

I believe Harmoney get these figures automatically from credit agencies. So I doubt it's data entry error by Harmony.

[RMJH]

My account balance has gone negative all on its own. How does that happen?

[IntheRearWithTheGear]

My account balance has gone negative all on its own. How does that happen?

Happens all the time, fixes itself over time. Usually within the day.

[humvee]

My account balance has gone negative all on its own. How does that happen?

Mine was fine until ~15 mins ago then it went from just under +$25 to -$89.45

Negative Funds Available Capture.JPG

[humvee]

Something is even more strange then usual

-$89.45
then
-$83.81
then
-$133.81

Negative Funds Available Capture 2b.JPG

Negative Funds Available Capture 3.JPG

[humvee]

now +$166.18

positive Funds Available Capture 4b.JPG