ptr120
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Post by ptr120 on Mar 19, 2019 17:32:31 GMT
Hi MoneyThing SophieThing this loan seems to have been ticking over nicely since inception but we are now 4 months in to a six month extension. Are discussions progressing regarding if you will be offering funds for future expansion (and indeed, what will happen with this loan in two months time?)
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ptr120
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Post by ptr120 on Apr 18, 2019 13:46:16 GMT
Hi MoneyThing I see that the accounts for this borrower are overdue at Companies House. Please can we have an update?
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ptr120
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Post by ptr120 on Apr 24, 2019 6:58:19 GMT
MoneyThing SophieThing It seems that you don't like replying to this thread for some reason. However CH has just advised that a First Gazette notice for compulsory strike-off has now been received. Please can we have an update?
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Post by spareapennyor2 on Apr 24, 2019 7:53:13 GMT
update on site
Bidding on this loan has been temporarily suspended.
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Post by spareapennyor2 on May 1, 2019 6:42:44 GMT
companies house 1/5/19
Compulsory strike-off action has been discontinued
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robski
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Post by robski on May 1, 2019 9:43:49 GMT
companies house 1/5/19 Compulsory strike-off action has been discontinued £13 on the SM, going to be a scrap to get that at 12 I would guess
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p2pmark
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Post by p2pmark on May 2, 2019 21:31:01 GMT
End date is set for about two weeks' time (18/5). MoneyThing, is the plan for this loan to be extended, or it will be repaid? Thanks
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sj
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Post by sj on May 7, 2019 23:59:07 GMT
Another request for an update please MoneyThing - I know it's been a bank holiday but we are overdue for updates on several loans, the silence is beginning to affect platform confidence here.
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Post by spareapennyor2 on May 8, 2019 15:44:57 GMT
Update on site Extended 6 months
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ptr120
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Post by ptr120 on Nov 13, 2019 19:13:07 GMT
Hi MoneyThing I see that this loan expires on Monday next week and is the next loan due to mature (excluding those suspended). We know from the early September update that The Borrower is working to get a refinance completed and is confident this will be completed ahead of loan expiry, but I'd like to know if the platform is also confident? If so, I'm sure you must have issued settlement figures by now? Although this loan has already been extended once I wouldn't be too sad if it were further extended but at a higher rate to focus the mind of the borrower.
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upperdeane
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Post by upperdeane on Nov 15, 2019 18:18:20 GMT
Update on MT site (borrower intends to repay loan in coming weeks).
New end date set to Nov 30th.
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ptr120
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Post by ptr120 on Nov 15, 2019 19:42:12 GMT
- No mention of a further extension
No mention of the fact that the previously scheduled repayment date of Monday will be missed
- No mention of progress of EIS/SEIS
- No mention of the borrowers previous confidence to refinance before the previously given expiry date
- No mention of an increase in interest rate to take account of yet another delay in repayment
MoneyThing your comms have left me wanting for some time but the update on this loan really takes the biscuit. I take some solace in the fact that this loan is still paying the interest due on time, as far as we can tell, which must make it one of the few loans for which that is the case except the pawn loans. A poor show.
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upperdeane
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Post by upperdeane on Nov 15, 2019 23:55:41 GMT
Further clarification of earlier update now on MT site.
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upperdeane
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Post by upperdeane on Nov 18, 2019 11:07:10 GMT
Interest payments just posted on MT site
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SteveT
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Post by SteveT on Dec 3, 2019 12:18:40 GMT
Update: "Repayment is expected imminently and therefore trading has been suspended"
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