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Post by bikeman on Nov 29, 2017 19:31:18 GMT
I've been watching suspended loans just drift along for months with little change. Meetings with borrowers cancelled or suspended time and time again.
Meanwhile interest payments stop - even if the borrower continues to make payments.
Does AC ever lift suspended loans or payout from that PF they claim to have?
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SteveT
Member of DD Central
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Post by SteveT on Nov 29, 2017 19:44:28 GMT
Lift suspensions: yes, sometimes
Pay out from the PF: no (as yet)
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jonah
Member of DD Central
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Post by jonah on Nov 29, 2017 19:45:02 GMT
bikeman as far as I know the PF hasn’t ever paid out. Several loans have been defaulted. Ac recovery has been very good for a number of loans.
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jlend
Member of DD Central
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Post by jlend on Nov 30, 2017 7:53:59 GMT
We could do with AC doing another stress test on the PF. On the website it says the last one was June 2016.
Given that it doesn't feel like the economy is in 'benign' times right now I would have expected a check at least once a year, perhaps every 6 months.
Unless I have misunderstood the website of course.
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Post by investor01010101 on Oct 14, 2018 10:13:30 GMT
Not that I am aware of, its worrying since I have 13 out of 31 loans suspended to the tune of 2K.
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Post by Ton ⓉⓞⓃ on Oct 14, 2018 21:24:08 GMT
Not that I am aware of, its worrying since I have 13 out of 31 loans suspended to the tune of 2K. Hi and welcome to the forum!
This thread is about a year old and there are more up to date threads on the first page such as
So I'll lock this thread to keep things together 
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