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Post by Jonas Hendrickx on Nov 27, 2017 3:27:51 GMT
All my Botswana loans are being paid after the due date. Avoid them like the plague. Specially when dealing with short term loans.
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0risk
Member of DD Central
Posts: 217 
Likes: 202
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Post by 0risk on Feb 1, 2018 15:41:25 GMT
All my Botswana loans are being paid after the due date. Avoid them like the plague. Specially when dealing with short term loans. Yes, those are originated by GetBucks. All of mine are late. Thanks for the post. I should have paid more attention though. 
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0risk
Member of DD Central
Posts: 217
Likes: 202
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Post by 0risk on Feb 1, 2018 15:46:10 GMT
I checked my bought back loans since December, and found one from Getbucks. I think they are respecting the buyback guarantee.
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Post by zeverare on Feb 1, 2018 19:13:05 GMT
I checked mine manually:
- lots of repayments on 18th of january
- many repayments 1 cent short
so looks like administration problems and not borrowers as they are probably paying in local currency and on different dates
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fric
Member of DD Central
Posts: 199
Likes: 79
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Post by fric on Feb 2, 2018 6:58:30 GMT
I personally try to avoid anything outside of Europe apart from some loans from Georgia from one of the big lenders. Sure data can be manipulated etc but at least in Europe you have some reliability of information and you know what Laws are there. But Africa, Russia, China etc? Sorry, I have 0 belief in accuracy of information from businesses from those countries (like annual reports) and also 0 trust in insolvency issues. There is absolutely 0 initiative for someone to buy those loans if you can get loans in EU for the same interest (or higher).
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Post by explorep2p on Feb 3, 2018 11:40:16 GMT
All my Botswana loans are being paid after the due date. Avoid them like the plague. Specially when dealing with short term loans. Yes, those are originated by GetBucks. All of mine are late. Thanks for the post. I should have paid more attention though. Just be aware also that the parent of Getbucks, Mybucks, announced a very large loss (€13.8m) and the share price of the company is down around 40% over the last few months. They are putting a positive spin on things but things don't seem to be trending well for the company.
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Post by Jonas Hendrickx on Feb 16, 2018 13:13:02 GMT
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Post by zeverare on Feb 16, 2018 16:03:39 GMT
most loans are suddenly current, just after finishing the capital increase...
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