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Post by Ace on Aug 2, 2023 18:57:26 GMT
Still quite a bit left, is this the maximum they can raise on a loan? Or is this one unpopular for some reason? About 3k left now… seems it’s popularity is on the rise 😀 I've noticed that some pages, e.g. the investments page, sometimes shows a much larger availability than if one actually tries to invest. Presumably picking up stale data without indicating that is stale. Doing this now showed £23,290 left in both the investments page and the project page. Going through the motions of investing shows only £3,040 available.
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firedog
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Post by firedog on Aug 2, 2023 19:00:59 GMT
Front page only shows £3040 available – at least that's what I'm seeing. I suspect it may be as simple as a browser cache issue.
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Post by Ace on Aug 2, 2023 19:08:05 GMT
Front page only shows £3040 available – at least that's what I'm seeing. I suspect it may be as simple as a browser cache issue. Yes, I'm sure that's the crux of it, but rather poorly written code. If I log out, the front page shows £3,040 available. If I log back in its back to £25,290. Same thing in two different browsers with two different accounts.
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Greenwood2
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Post by Greenwood2 on Aug 2, 2023 19:33:26 GMT
Front page only shows £3040 available – at least that's what I'm seeing. I suspect it may be as simple as a browser cache issue. Yes, I'm sure that's the crux of it, but rather poorly written code. If I log out, the front page shows £3,040 available. If I log back in its back to £25,290. Same thing in two different browsers with two different accounts. Same I was seeing about £25,000 available hence post about difficulty filling. Odd.
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Post by Ace on Aug 2, 2023 19:49:53 GMT
Yes, I'm sure that's the crux of it, but rather poorly written code. If I log out, the front page shows £3,040 available. If I log back in its back to £25,290. Same thing in two different browsers with two different accounts. Same I was seeing about £25,000 available hence post about difficulty filling. Odd. They've had similar issues with the message and update indicators not being cleared, but I think that is sorted now.
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Post by Ace on Aug 3, 2023 18:07:54 GMT
Now just £530 left. I've just thrown today's repayments in to top my investment up.
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Post by birdie on Aug 4, 2023 7:32:28 GMT
Just invested yesterdays repayment, now just £60 left before its fully funded.
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dave4
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Cynical is a hobby not a lifestyle
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Post by dave4 on Aug 4, 2023 9:26:07 GMT
All gone, offer filled.
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Post by birdie on Aug 7, 2023 6:28:01 GMT
Now showing only 85% filled, £170,400
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Greenwood2
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Post by Greenwood2 on Aug 7, 2023 7:14:23 GMT
Now showing only 85% filled, £170,400 People pledged and didn't pay up? That's quite a lot of drop outs. Edit: Can you cancel within x days if you change your mind?
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Post by Ace on Aug 7, 2023 7:40:16 GMT
Now showing only 85% filled, £170,400 People pledged and didn't pay up? That's quite a lot of drop outs. Edit: Can you cancel within x days if you change your mind? From the Qardus T&Cs: I know that in past loans, due to the awkwardness of the pledging process, I and others have inadvertently made double pledges. It could be that this is still happening and that it's the second pledges that are being cancelled.
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trium
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Post by trium on Aug 7, 2023 18:29:07 GMT
I have just made a double pledge through being in a hurry and not realising that today's offering is not a new one. I'll probably cancel.
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Post by keith1 on Dec 29, 2023 1:10:53 GMT
A similar P2P platform, AblRate, which also lent to small and medium size businesses, has just gone into administration leaving investors millions of pounds out of pocket. That is following numerous other P2P platform failures.
How financially stable is Qardus?
What are the risks of this platform also going south like so many others?
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Greenwood2
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Post by Greenwood2 on Dec 29, 2023 6:11:44 GMT
A similar P2P platform, AblRate, which also lent to small and medium size businesses, has just gone into administration leaving investors millions of pounds out of pocket. That is following numerous other P2P platform failures. How financially stable is Qardus? What are the risks of this platform also going south like so many others? Who knows. A couple of loans late/not paying. Newish platforms are always a bit concerning, I wouldn't put my shirt on it. It was paying high rates, but the latest loan seems to have changed payment arrangements which make rates lower so less attractive than it was. Loan flow seems to have slowed down as well. You might hope being Sharia compliant borrowers would be more 'obliged' to pay back loans...
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Post by Badly Drawn Stickman on Dec 29, 2023 9:18:33 GMT
A similar P2P platform, AblRate, which also lent to small and medium size businesses, has just gone into administration leaving investors millions of pounds out of pocket. That is following numerous other P2P platform failures. How financially stable is Qardus? What are the risks of this platform also going south like so many others? The two are not really alike, Ablrate were supposedly asset backed loans. That those assets were misrepresented was the cause (in most part) for its problems. Qardus is more like Funding Circle in model, so I would expect it to perform in a similar way. There are several issues I have with the platform but that it is making a lot of effort to recover one pf the defaulted loans and claiming to be going far beyond its obligation in doing so, is the reason I have stopped investing with them, I would expect that amount of effort to be standard and not a 'treat'.
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