min
Member of DD Central
Posts: 604
Likes: 170
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Post by min on Apr 10, 2024 5:52:27 GMT
"09/04/2024 This loan will not be repaid today as due. The borrower has paid the monthly interest which we will distribute to lenders shortly. Both the borrower and their refinance brokers have been in contact and we are currently in discussions to understand the plan and timescale for repayment. We will update lenders again within the next week." Must be quite a complicated plan! Question is why hasn’t this all been sorted before payment date?
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Post by df on Apr 10, 2024 16:07:17 GMT
"09/04/2024 This loan will not be repaid today as due. The borrower has paid the monthly interest which we will distribute to lenders shortly. Both the borrower and their refinance brokers have been in contact and we are currently in discussions to understand the plan and timescale for repayment. We will update lenders again within the next week." Must be quite a complicated plan! Question is why hasn’t this all been sorted before payment date? Delays of capital repayments is a common occurrence. In this case it looks like the delay is due to the usual bureaucracy of refinancing.
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trevor
Member of DD Central
Posts: 556
Likes: 379
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Post by trevor on Apr 23, 2024 17:55:37 GMT
Last update on 9/4 said further update within the week……..
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Post by Badly Drawn Stickman on Apr 29, 2024 14:12:37 GMT
Update on the platform, holding pattern...
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Post by Badly Drawn Stickman on May 9, 2024 8:19:44 GMT
An update was added to this loan yesterday, seems mostly positive.
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johni
Member of DD Central
Posts: 366
Likes: 327
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Post by johni on May 9, 2024 9:22:12 GMT
Interest paid but it is short. No explanation. Another scam to Rob investors hoping we will not notice.
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archie
Posts: 1,846
Likes: 1,846
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Post by archie on May 9, 2024 9:36:38 GMT
Interest paid but it is short. No explanation. Another scam to Rob investors hoping we will not notice. It's more than the corresponding month last year.
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Post by Badly Drawn Stickman on May 14, 2024 11:56:19 GMT
Another new update on this loan (14th May) starting to look very promising.
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Post by woodyalan on May 15, 2024 8:52:40 GMT
This time I'm controlling my excitement but it sounds good.
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Post by Badly Drawn Stickman on May 17, 2024 13:42:43 GMT
Fresh update on platform, so close now I can almost touch it......
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Post by spareapennyor2 on May 17, 2024 14:45:07 GMT
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elsee
Member of DD Central
Retired:D
Posts: 198
Likes: 115
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Post by elsee on May 17, 2024 21:27:37 GMT
Let's hope it's all hands on deck to process the withdrawals!
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elsee
Member of DD Central
Retired:D
Posts: 198
Likes: 115
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Post by elsee on May 20, 2024 15:08:53 GMT
Funds here now, plus some bonus interest.
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Post by Badly Drawn Stickman on May 20, 2024 15:13:28 GMT
Ready to withdraw now. Maybe they will expedite payment but I feel they are not overly motivated in that area. Significant for me in that it puts my wife's account in positive territory, so I no longer feel the need to reimburse for financial advice. For myself I am very much needing snookers to reach break even...............
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blueninja
Member of DD Central
Posts: 81
Likes: 48
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Post by blueninja on May 21, 2024 13:58:05 GMT
5 years of 12% - a rare win. Just made the withdraw request, can anyone remind me of the MT payment cycle, I seem to remember its weekly now, hopefully I have not missed this weeks payment run!
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