02-05-2018, 01:08 PM
Despite my apprehension, I've recently transferred a little cash into FC (IFISA) to do a 12 month trial run as I'm becoming more and more attracted to black box accounts, i must be getting lazy in my old age.
I deposited 2k on the 24th April, and was amazed to see how much money was invested on that first day, the following day was pretty similar and I was up to 52 loans by the close of play on the 25th, but since then I've only had two more loans taken up by my account.
I thought at first that loans may have dried up, so as a little test i dropped £100 into my standard account and left it for an hour, the money is now allocated and checking the numbers reveals it has bought loans between 55748 and 55753, checking my last 5 transactions on my IFISA account i have the following loans: 55309, 55310, 55311, 55564 and 55745.
So it would seem that there is too much cash waiting to be matched to loans, and it isn't a case of there not being any loans, as it suggests there have been around 400 since 25th April.
I deposited 2k on the 24th April, and was amazed to see how much money was invested on that first day, the following day was pretty similar and I was up to 52 loans by the close of play on the 25th, but since then I've only had two more loans taken up by my account.
I thought at first that loans may have dried up, so as a little test i dropped £100 into my standard account and left it for an hour, the money is now allocated and checking the numbers reveals it has bought loans between 55748 and 55753, checking my last 5 transactions on my IFISA account i have the following loans: 55309, 55310, 55311, 55564 and 55745.
So it would seem that there is too much cash waiting to be matched to loans, and it isn't a case of there not being any loans, as it suggests there have been around 400 since 25th April.