dovap
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Post by dovap on Dec 8, 2018 0:24:21 GMT
Another valuation when seemingly so far along with the 'refinance' - always something isn't there. Very good of the borrower to have a reet good look to see if they can cough up at least some interest though.
guess we're well into the season for Christmas being unexpectedly in December type delays.
ho ho ho hum
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pi
Member of DD Central
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Post by pi on Dec 14, 2018 17:03:22 GMT
Any update for us MoneyThing?? I believe valuation/interest was expected this week?
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sussexlender
Member of DD Central
Cheat seeking missile
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Post by sussexlender on Dec 18, 2018 14:40:26 GMT
Hello Things.
Please can you give us the current position on this loan? Usually you are well ahead of most other p2p sites when it comes to communications so can you assist with this loan?
Many thanks, SXLR
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keystone
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Post by keystone on Dec 18, 2018 19:20:57 GMT
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Post by queenvictoria on Dec 18, 2018 19:27:13 GMT
Welcome news on the valuation but frustrating that the report that was "expected within the next week" (7 Dec) will have taken two weeks to arrive assuming it is sent by email rather than post on Thursday.
Given this is all that was awaited presumably the refinance will be ready to complete on Friday or Monday?
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averageguy
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Post by averageguy on Dec 21, 2018 15:47:37 GMT
MT these interest arrears that you mentioned any joy?
TIA
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Post by queenvictoria on Dec 21, 2018 16:05:12 GMT
and has the new valuation arrived at the bank and do they have a revised date for completion?
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Post by mortgagez on Dec 26, 2018 16:14:47 GMT
Although the interest on this one is pretty reasonable, it's getting more and more worrying by the day. Sadly the lack of confidence in P2P in general doesn't help (and I'm in 3 MT defaulted loans) Seems like MT are kicking the can down the road in the hope someone else will take on the problem Has the centre actually opened?? Presumably R***** or whatever they're called are fully aware it's not opening but has been opening several times over the last year! In my forecasting I've treated this is defaulted/impaired, so I don't expect it before April. I hope I'm wrong!
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hazellend
Member of DD Central
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Post by hazellend on Dec 26, 2018 16:20:58 GMT
Although the interest on this one is pretty reasonable, it's getting more and more worrying by the day. Sadly the lack of confidence in P2P in general doesn't help (and I'm in 3 MT defaulted loans) Seems like MT are kicking the can down the road in the hope someone else will take on the problem Has the centre actually opened?? Presumably R******* or whatever they're called are fully aware it's not opening but has been opening several times over the last year! In my forecasting I've treated this is defaulted/impaired, so I don't expect it before April. I hope I'm wrong! New Years resolution for you - give up on “forecasting”
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Post by mrclondon on Dec 26, 2018 17:38:06 GMT
Naming R******* on this thread makes it more likely they will get cold feet as they will not want the adverse publicity if the loan goes pear shaped during their watch that there were prior concerns.
Please think before posting confidential information that has been obtained from MT or any other platform on this public forum.
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Post by mortgagez on Dec 28, 2018 20:27:40 GMT
Although the interest on this one is pretty reasonable, it's getting more and more worrying by the day. Sadly the lack of confidence in P2P in general doesn't help (and I'm in 3 MT defaulted loans) Seems like MT are kicking the can down the road in the hope someone else will take on the problem Has the centre actually opened?? Presumably R******* or whatever they're called are fully aware it's not opening but has been opening several times over the last year! In my forecasting I've treated this is defaulted/impaired, so I don't expect it before April. I hope I'm wrong! New Years resolution for you - give up on “forecasting” Ok genius, you tell me when you expect it to be paid back as my expectation is clearly soooo wrong. End date on MT is April 2019, FYI......... Naming R******* on this thread makes it more likely they will get cold feet as they will not want the adverse publicity if the loan goes pear shaped during their watch that there were prior concerns.
Please think before posting confidential information that has been obtained from MT or any other platform on this public forum.
Ok sorry my bad - MT announced it to 5000+ so thought it would be OK, but fair point
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hazellend
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Post by hazellend on Dec 28, 2018 20:52:03 GMT
New Years resolution for you - give up on “forecasting” Ok genius, you tell me when you expect it to be paid back as my expectation is clearly soooo wrong. End date on MT is April 2019, FYI......... Naming R******* on this thread makes it more likely they will get cold feet as they will not want the adverse publicity if the loan goes pear shaped during their watch that there were prior concerns.
Please think before posting confidential information that has been obtained from MT or any other platform on this public forum.
Ok sorry my bad - MT announced it to 5000+ so thought it would be OK, but fair point Thanks for recognising my superior intellect As I said, I don’t try to guess but seeing as you insist I would say either some time in Jan 19 (more likely) or default (less likely)
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Post by charliebrown on Dec 29, 2018 1:59:47 GMT
“The borrower is aiming to be able to pay at least one-month of interest arrears by the end of this week”.
When the borrower repeatedly lies to us I get very nervous.
I don’t think the borrower would pay any interest on this loan whilst he’s trying to organise refinance. If he has any reason to believe the refinance might fail he’d be throwing money away by servicing interest.
An update on this loan would be welcome. Including an update on the status of the project as it was supposed to be open and trading by now.
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justme
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Post by justme on Dec 29, 2018 9:31:52 GMT
If it looks like a duck and quacks like a duck what is the point of getting an update telling you it is a goose?
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averageguy
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Post by averageguy on Dec 29, 2018 12:07:14 GMT
“The borrower is aiming to be able to pay at least one-month of interest arrears by the end of this week”.
When the borrower repeatedly lies to us I get very nervous. I don’t think the borrower would pay any interest on this loan whilst he’s trying to organise refinance. If he has any reason to believe the refinance might fail he’d be throwing money away by servicing interest. An update on this loan would be welcome. Including an update on the status of the project as it was supposed to be open and trading by now. Aren't they out of the office until the new year? Aim to isn't quite a promise...however the fact that it hasn't happened is a tad disappointing....only dipped a toe in on this one, so maybe its easier for me to be more relaxed..but would be more than happy to be out
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