chris1200
Member of DD Central
Posts: 827
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Post by chris1200 on Jul 15, 2020 17:15:53 GMT
disappointing - yet again - I wonder where we will be at the end of the week You keep calling these figures 'disappointing' as if they are due to some kind of lack of effort on the part of RS. It is what it is.
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Post by Ace on Jul 15, 2020 17:23:38 GMT
On the bright side, it's the first time I've seen the 5 year queue move forward 2 days worth of requests in one day.
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adrian77
Member of DD Central
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Post by adrian77 on Jul 15, 2020 17:23:57 GMT
just where do I state this?
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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 Jul 15, 2020 18:35:52 GMT
just where do I state this? question is what are you stating it for? It goes up and down daily ...
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wuzimu
Member of DD Central
Posts: 236
Likes: 735
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Post by wuzimu on Jul 15, 2020 19:33:31 GMT
Well I rely on adrian77 views here I've got little confidence in my own ability to gauge RS 'effort' so I like getting Adrian's take. The whole thing is an emotionally charged cliffhanger as slowly our RYI numbers creep forward, and there's a very big bomb ticking away with RS painted on the side, we all know it's gonna go BOOOOM , but can it just keep ticking till our RYI comes up?? adrian77 is providing the commentary 👍
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Post by scepticalinvestor on Jul 15, 2020 21:06:49 GMT
Disappointing indeed. With two days to go, looking out for whether it'll beat the 2.8m low from a couple of weeks ago. disappointing - yet again - I wonder where we will be at the end of the week
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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 Jul 16, 2020 7:15:42 GMT
Good afternoon. Today we have delivered £0.5m, and the full update is below: £0.5 million released yesterday and ZERO movement in the Access queue. Someone must be sitting on a massive investment or RS are simply not allocating these funds to the Access market.
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Post by gricehead on Jul 16, 2020 9:35:40 GMT
Good afternoon. Today we have delivered £0.5m, and the full update is below: £0.5 million released yesterday and ZERO movement in the Access queue. Someone must be sitting on a massive investment or RS are simply not allocating these funds to the Access market. But at least the One Year queue has moved on a day, having been stuck on 19th March since 3rd July.
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adrian77
Member of DD Central
Posts: 3,915
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Post by adrian77 on Jul 16, 2020 9:40:31 GMT
I have started to track where I am in the queue - since the weekend I have moved up a massive 25 places - yes I know this can be meaningless as we don't know what sizes the loans are. In fact I think I only moved up 2 places yesterday.
At his rate it is going to take me about a year to get my capital returned - hopefully talks with Metro bank etc proceed and the situation improves before then This is not what I expected after reading the RS updates on this subject
Whatever - disappointing!
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Post by RateSetter on Jul 16, 2020 16:12:39 GMT
Good afternoon. Today we have delivered £0.3m and the full update is below:
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adrian77
Member of DD Central
Posts: 3,915
Likes: 4,141
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Post by adrian77 on Jul 16, 2020 16:39:55 GMT
Disappointing ! wonder if this week's total will be under 50% of the average in April...also looks like this may well be the lowest weekly return to date
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Post by Deleted on Jul 16, 2020 18:00:13 GMT
I think they have problems with the queue. At least 3 people that I know of have reached the front, received payouts but still have residual amounts stuck in processing 7+ days later.
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Post by jonathan24 on Jul 16, 2020 18:44:15 GMT
I think they have problems with the queue. At least 3 people that I know of have reached the front, received payouts but still have residual amounts stuck in processing 7+ days later. Yep, that's where I am, albeit, with a very small amount. The majority of my access release request processed but now there are apparently 18 people in front of me for the balance (there were 16 people in front of me yesterday).
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Post by Deleted on Jul 16, 2020 19:08:30 GMT
Not sure I understand how you've gone backwards in the queue. Worth a complaint I'd have thought.
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ceejay
Posts: 972
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Post by ceejay on Jul 16, 2020 20:24:07 GMT
Not sure I understand how you've gone backwards in the queue. Worth a complaint I'd have thought. I think we've established that once you get to the front of the queue it ceases to be a simple queue and becomes more of a pool. Some loan parts will be held up presumably because of payment processing and suchlike, other delays might be connected with how RS untangle the different rates that all these loans are at.
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