zendog
Member of DD Central
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Post by zendog on Dec 29, 2017 20:37:01 GMT
This loan is due to end tomorrow. According to an update from MT on 06/11/2017 "The borrower has confirmed that while they are repaying their other loan to lenders at term (MTAD606N), they wish to roll over this loan for another 6 months to continue to help them with cash flow. Lenders who wish to roll over their investment should select the 'roll over' box." However, it doesn't appear in the pending loan tab with the other loans renewing tomorrow - have I missed something about it now not renewing?
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Dec 30, 2017 0:31:06 GMT
This loan is due to end tomorrow. According to an update from MT on 06/11/2017 " The borrower has confirmed that while they are repaying their other loan to lenders at term (MTAD606N), they wish to roll over this loan for another 6 months to continue to help them with cash flow. Lenders who wish to roll over their investment should select the 'roll over' box." However, it doesn't appear in the pending loan tab with the other loans renewing tomorrow - have I missed something about it now not renewing? Something odd seems to have happened. Its showing as repaid in Loans/My Loans but no entry in statement and pending is showing it renewing tomorrow but with a totally different number for the current loan MTAD733 (Same loan as assets are the same) No email received however.
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ali
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Post by ali on Dec 30, 2017 10:23:10 GMT
Something odd seems to have happened. Its showing as repaid in Loans/My Loans but no entry in statement and pending is showing it renewing tomorrow but with a totally different number for the current loan MTAD733 (Same loan as assets are the same) No email received however. 733 is the private ID for MTAD617N. MoneyThing normally keep the private and public IDs in sync, but since the "New terms" loans share the same number as the loan they replaced, the private IDs are out of sync for these loans. I suspect either an automated process needed manual correction or somebody followed a documented process which hadn't been updated to take account of these loans.
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star dust
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Post by star dust on Aug 23, 2018 8:29:07 GMT
That should mean MTAD901 - Jensen & Jag repays as well, although no signs of it yet, and it's still showing repayment on the 18th. Indeed, I think it was the Jensen sale that was supposed to be re-paying the Spider. In Edit: apparently not according to the latest MT update that has just appeared ~ repayment early next week.
Today's update - Extended for another week. Do hope MT keeps on top of this as 60% of the security has already been sold I believe, and we're at more than 100% LTV on the remaining bit.
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