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Post by greenstar on Oct 27, 2020 11:28:38 GMT
Yes things seem to be picking up a bit which is very welcome. Though at a rate of 10 RYIs per day I don't expect to RYI for 3.6 years, so I'll not plan to spend it just yet. Fortunately my money is dribbling back anyway with my interest rate set high, though having to logon daily to see what's going on is a pain, especially for those with several P2P accounts. I see a business opportunity here for some trusty soul to offer to monitor people's P2P accounts each day for the next 4 or 5 years (only kidding).
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beagle
Investor in ratesetter, funding circle, lendy (lesson learnt) and AC
Posts: 670
Likes: 322
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Post by beagle on Oct 27, 2020 12:10:26 GMT
Just a thought, is there reason to think the RYI rate will go up as no new consumer loans are being written since the Metrobank takeover? Or at least if they are being written it will be from Metrobank funds rather than existing RS lenders? no new loans to be written - more money to go back to releases.
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johnt
Investing in Ratesetter, Zopa and Assetz Capital since 2013
Posts: 127
Likes: 71
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Post by johnt on Oct 27, 2020 13:23:07 GMT
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beagle
Investor in ratesetter, funding circle, lendy (lesson learnt) and AC
Posts: 670
Likes: 322
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Post by beagle on Oct 27, 2020 15:51:39 GMT
I think it might a little but i also think this story is old news and just a story we all know. I can't imagine this creating much more noise after the guardian article we saw 10 million in 2 weeks....
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benaj
Member of DD Central
Posts: 5,391
Likes: 1,693
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Post by benaj on Oct 27, 2020 16:52:31 GMT
But according to RS, there are only 86,000 investors and we got 5900 forum members here.
I guess I have to wait another 50 months to see a complete wind down in my accounts.
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Post by jojo on Oct 27, 2020 16:58:09 GMT
I think it might a little but i also think this story is old news and just a story we all know. I can't imagine this creating much more noise after the guardian article we saw 10 million in 2 weeks.... If people are waiting to open the guardian or money saving to think about their investment , that means they have not check their account since March so surely those people do not need their investment urgently :-)
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Post by RateSetter on Oct 27, 2020 17:29:13 GMT
Good afternoon. Today we have delivered £1.1m and the full update is below:
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sd2
Member of DD Central
Posts: 621
Likes: 224
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Post by sd2 on Oct 28, 2020 9:48:44 GMT
96 in the queue. Really rapid movement in the queue at the moment. Also got a big wad of beer money today. About £3000 to come. Still some great investment available on the stockmarket. Probably put it in marcus for now. Wait for a brexit no deal should get decent fall from that.
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Post by james91 on Oct 28, 2020 11:49:42 GMT
Unless I'm imagining it, I think I've dropped 150 places in the queue in 2 days. Fingers crossed it continues!
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ceejay
Posts: 972
Likes: 1,149
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Post by ceejay on Oct 28, 2020 14:24:44 GMT
Unless I'm imagining it, I think I've dropped 150 places in the queue in 2 days. Fingers crossed it continues! I've seen 154 places in 3 days, not two ... but either way the APM queue definitely seems to have considerably speeded up over the last week or so. At this rate its even possible that I might reach the front of the queue before all my loans finish!
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hmlg
New Member
Posts: 3
Likes: 2
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Post by hmlg on Oct 28, 2020 16:13:37 GMT
Just had nearly half my money released and I made it very early on the morning of the 15th.
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johnt
Investing in Ratesetter, Zopa and Assetz Capital since 2013
Posts: 127
Likes: 71
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Post by johnt on Oct 28, 2020 16:41:19 GMT
Just had nearly half my money released and I made it very early on the morning of the 15th. Really? I didn't expect RS to be processing 15 March for another week or so. Great news if so!
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hmlg
New Member
Posts: 3
Likes: 2
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Post by hmlg on Oct 28, 2020 16:47:28 GMT
Yes and another 1k just come back in last few mins
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hmlg
New Member
Posts: 3
Likes: 2
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Post by hmlg on Oct 28, 2020 16:49:27 GMT
What is also interesting is that I have got my plus money back before my access despite the access being nearer the front of the queue
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beagle
Investor in ratesetter, funding circle, lendy (lesson learnt) and AC
Posts: 670
Likes: 322
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Post by beagle on Oct 28, 2020 17:22:17 GMT
I just had a 1 year RYI from yesterday back today.
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