johnt
Investing in Ratesetter, Zopa and Assetz Capital since 2013
Posts: 127
Likes: 71
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Post by johnt on Apr 22, 2020 13:26:32 GMT
Yeah I should said £5 million / week is being released but that doesn't affect my calculations. If they're releasing £5 million a week then it still means there's approximately £35 million that has been requested to be released per day between 10 March and 21 March (12 days). Unless someone else has better data to work with, it's going to be hard to give a more accurate estimate. I think it would be more transparent to look at the number of reference numbers and assume an average release amount eg using the latest reference in post 1 (396642) and the oldest outstanding (373676) gives 22,966 requests. If each request is an average of 2k that gives £46 million in the queue. You can obviously update for the most recent reference number and different average withdrawal amounts but the answer is still basically a guess. OK, if we look at the number of requests on 11 March (approx 100), £7.7 million was released over 6 days therefore the average amount released per request was £1,283. There were 23,591 requests between 11 March - 10 April so assuming the average request is still £1,283 then there would be £30 million in the queue up until 10 April. There are also approximately £2 million / week worth of cancellations that should be factored in.
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Post by cinereus on Apr 22, 2020 13:39:58 GMT
1 Year
374671
Requested
2020-03-13 20
09:07
Paid
2020-04-22
14:03
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Post by BrianC on Apr 22, 2020 15:07:11 GMT
Just received request 373563 around midday today (22nd April). Thanks for tracking - hopefully this helps others in the queue 6.9.1 As next in line I think that means mine will slip a day or two on James’ predictor (was predicting today). Will obvs update when received.
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Post by oppsididitagain on Apr 22, 2020 16:23:53 GMT
I think it would be more transparent to look at the number of reference numbers and assume an average release amount eg using the latest reference in post 1 (396642) and the oldest outstanding (373676) gives 22,966 requests. If each request is an average of 2k that gives £46 million in the queue. You can obviously update for the most recent reference number and different average withdrawal amounts but the answer is still basically a guess. OK, if we look at the number of requests on 11 March (approx 100), £7.7 million was released over 6 days therefore the average amount released per request was £1,283. There were 23,591 requests between 11 March - 10 April so assuming the average request is still £1,283 then there would be £30 million in the queue up until 10 April. There are also approximately £2 million / week worth of cancellations that should be factored in. RS have stated the peak in withdrawals was on March 16, they haven't even started to process those. Lets get over that hurdle. I think the only way to gauge how much is in the queue is to ask people for 'rough' amounts.. but I understand people won't want to share this, and the time it would take update the SS/table that been recording our info FYI I requested £1200 from Access on 28 march. REF 390942. and about 40K from access on 31 March REF 392452. . However the loans have gone through a month cycle and so Ive had some money paid back naturally.
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star dust
Member of DD Central
Posts: 2,998
Likes: 3,531
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Post by star dust on Apr 22, 2020 17:22:20 GMT
RS have stated the peak in withdrawals was on March 16, they haven't even started to process those. Lets get over that hurdle. I think the only way to gauge how much is in the queue is to ask people for 'rough' amounts.. but I understand people won't want to share this, and the time it would take update the SS/table that been recording our info FYI I requested £1200 from Access on 28 march. REF 390942. and about 40K from access on 31 March REF 392452. . However the loans have gone through a month cycle and so Ive had some money paid back naturally. Agree with your post both in terms of more effective data, and also reluctance to supply the information. However, should any forum members be willing to share I have put in an additional "Amount" column. oppsididitagain 's figures are the first ones in it
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chris1200
Member of DD Central
Posts: 827
Likes: 508
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Post by chris1200 on Apr 22, 2020 18:19:32 GMT
Agree with your post both in terms of more effective data, and also reluctance to supply the information. However, should any forum members be willing to share I have put in an additional "Amount" column. oppsididitagain 's figures are the first ones in it If we do amounts then this becomes a more helpful exercise and I'm happy to participate! My details are as follows: Access - 13 March - Ref 374971 - c. £1.5k
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Post by erniec on Apr 22, 2020 18:33:14 GMT
Here is the amount information for my RYI which is already in the table:
1 Year 31/03/2020 392156 £20K
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Post by cinereus on Apr 22, 2020 23:25:05 GMT
Surely rough amounts balance out over a large enough sample size?
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Post by cinereus on Apr 22, 2020 23:25:51 GMT
1 Year
374671 Requested
2020-03-13 20 09:07 Paid
2020-04-22 14:03 This seems to have been missed.
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Post by p2pbbb on Apr 23, 2020 8:19:49 GMT
adding mine to the mix: 13/03 - 374737 - access market 14/04 - 397158 - 5 year market Happy to add amounts as others are doing: 13/03 - 374737 - access market - £248,000 14/04 - 397158 - 5 year market - $76,500
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chris1200
Member of DD Central
Posts: 827
Likes: 508
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Post by chris1200 on Apr 23, 2020 8:28:35 GMT
Surely rough amounts balance out over a large enough sample size? What do you mean by 'balance out'? People are trying to see roughly how long to get to their position in the queue. That might be only one or two days' worth of requests from the current date - if the person before them has a huge amount to withdraw, rough averages aren't going to be very helpful. Edit: For example, this person is quite close to me in the list, but has quite a lot to withdraw compared to my tiny £1.5k Happy to add amounts as others are doing: 13/03 - 374737 - access market - £248,000 14/04 - 397158 - 5 year market - $76,500 (Admittedly, this still isn't that helpful, because we will only have data for the few people posting here. But it's still far more helpful than looking at this without £ amounts)
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Post by littonowl2 on Apr 23, 2020 9:24:06 GMT
Still awaiting c.£3K : Access 13/03/2020 374496
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gg
Posts: 83
Likes: 61
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Post by gg on Apr 23, 2020 9:45:12 GMT
Surely rough amounts balance out over a large enough sample size? What do you mean by 'balance out'? People are trying to see roughly how long to get to their position in the queue. That might be only one or two days' worth of requests from the current date - if the person before them has a huge amount to withdraw, rough averages aren't going to be very helpful. Edit: For example, this person is quite close to me in the list, but has quite a lot to withdraw compared to my tiny £1.5k Happy to add amounts as others are doing: 13/03 - 374737 - access market - £248,000 14/04 - 397158 - 5 year market - $76,500 (Admittedly, this still isn't that helpful, because we will only have data for the few people posting here. But it's still far more helpful than looking at this without £ amounts) And the data accuracy relies on the anonymous poster’s accuracy.
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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 Apr 23, 2020 10:57:59 GMT
Here are my mine again but with amounts this time:
15/03/20 20376440 Access £80k 25/03/20 20389445 Access £20k
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picnicman
Member of DD Central
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Post by picnicman on Apr 23, 2020 11:08:50 GMT
Here are my mine again but with amounts this time: 15/03/20 20376440 Access £80k 25/03/20 20389445 Access £20k johnt - scary monkey!!!!! - seems as if working through 12th at present re access, so hope it goes your way soon! Cheers P
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