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21-11-2017, 12:48 AM
#851
Member
HI Demilich, glad to hear it's working for our friends abroad.
Re the timing, it's a random value between a min and max period (max period was reduced in the last patch). This isn't so much to mask it's behaviour from the LC servers, (they know the app is out there and in use) it's again just a behaviour that helps introduce some fairness between users of the app and non users.
I don't record connection activity unless the user opts in for anonymous usage reports, but what information I do have suggests not many people are using the app (it's word of mouth beyond this forum). So I don't think it's correct to characterise it as sucking up every loan. Prior to the apps debut small loans and B2 grades were going just as fast as they are now. There's no change there.
Given the rate at which that some loans consistently become filled, I'd bet there's more than a few similar apps out there. Any developer like myself could knock something out and keep it to themselves...
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01-12-2017, 04:59 PM
#852
Member
guys the latest update for LC autoinvestor app by PennyPicker is working great. It fixed some long term bugs and is very stable. version 17.11.05
Its been a busy week at LC with many loans uploaded and if you have been using latest build you probably have not missed any/many of those new loan listings.
Last edited by whitt; 01-12-2017 at 05:02 PM.
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02-12-2017, 12:27 AM
#853
Member
It's been a great week eh. I've run out of capital twice!
(Re LC Auto Investor, just working on a new version now. I note some users are still on the October release. Really suggest upgrading to get all the improvements found in later versions. Thanks to help from a few folks on the forum, we've tracked down an annoying disconnect bug earlier this week. Really appreciate your help guys.)
Last edited by PennyPicker; 02-12-2017 at 12:28 AM.
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05-12-2017, 12:25 PM
#854
Originally Posted by Darchie
Saamee .... Did you by any chance take a screenshot of that loan taken out on 7.1.16 that's currently 70 days overdue?
I get the feeling this one could be heading towards creating LendingCrowds first sour loan! Hope not!
Looks like at Midnight tonight this loan will become the 1st LC loan to go 'In Collection Principal'
89.jpg
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14-12-2017, 08:18 AM
#855
Member
Originally Posted by Saamee
Looks like at Midnight tonight this loan will become the 1st LC loan to go 'In Collection Principal'
89.jpg
Hi Saamee, can you please give us an update on the status of this loan? Cheers and TIA.
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14-12-2017, 01:48 PM
#856
Originally Posted by joker
Hi Saamee, can you please give us an update on the status of this loan? Cheers and TIA.
@Joker > There is nothing more to add than what is shown on the LC Website....
https://lendingcrowd.co.nz/howitwork...faq#lc-wrapper
Attachment 9335
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15-12-2017, 01:34 PM
#857
Originally Posted by Saamee
Well I guess @joker. myself and others all just got the update Email from LC.
Loan Written off & NO Loss of Capital.
Well completed and well done to LC.
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15-12-2017, 02:14 PM
#858
Junior Member
Presumably the borrower has defaulted on the loan, therefore why was there no loss of capital ??
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15-12-2017, 02:51 PM
#859
Originally Posted by jallison
Presumably the borrower has defaulted on the loan, therefore why was there no loss of capital ??
LC takes SECURITY on EVERY Loan
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16-12-2017, 03:23 PM
#860
Member
Originally Posted by Saamee
Well I guess @joker. myself and others all just got the update Email from LC.
Loan Written off & NO Loss of Capital.
Well completed and well done to LC.
That's good news Saamee. I didn't get the email but I assume that's because I wasn't invested in the loan.
Cheers
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