btc
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Post by btc on Mar 6, 2018 13:50:54 GMT
DEPOSIT NOTICE Dear Me, Thank you for your deposit of £monies.00 which has been credited to your Collateral account and is now available for you to start funding loans and earning interest on the amount you invest. If you have any queries, please feel free to contact us. Kind regards, The Collateral Team www.collateraluk.comThis email just arrived
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micky
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Post by micky on Mar 6, 2018 13:56:06 GMT
Hopefully a sign a of activity behind the scenes. I do hope it wasn't bad news for you.
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withnell
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Post by withnell on Mar 6, 2018 14:17:33 GMT
Thank you for your deposit of £monies.00 Was it in line with the amount of interest you were expecting for the month?
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Post by francism on Mar 6, 2018 14:18:08 GMT
I deposited funds just prior to the website going down. Just received an email confirming receipt of the exact amount. Sounds like the wheels are beginning to turn. Very encouraging
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GeorgeT
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Post by GeorgeT on Mar 6, 2018 14:26:02 GMT
As I said, it is all starting to happen behind the scenes and get up and running again and it couldn't be going better in the circumstances then if we waved a magic wand and wished for it. I do think that a lot of the postings on here are doom laden and rather pointless, worst case stuff and really everybody should be relaxing and leaving it all to the excellent administrator who is really getting on top of things in super quick time and has already given us plenty of assurances to ensure we sleep soundly at night. Let's just sit back and wait for the good news to pour in rather than spending our days typing out posts about the worst that could happen.
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btc
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Post by btc on Mar 6, 2018 14:26:53 GMT
Thank you for your deposit of £monies.00 Was it in line with the amount of interest you were expecting for the month? It was the amount that I deposited
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micky
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Post by micky on Mar 6, 2018 14:40:30 GMT
So, this was a test of website response??? Very clever, well done.
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elliotn
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Post by elliotn on Mar 6, 2018 14:59:08 GMT
As I said, it is all starting to happen behind the scenes and get up and running again and it couldn't be going better in the circumstances then if we waved a magic wand and wished for it. I do think that a lot of the postings on here are doom laden and rather pointless, worst case stuff and really everybody should be relaxing and leaving it all to the excellent administrator who is really getting on top of things in super quick time and has already given us plenty of assurances to ensure we sleep soundly at night. Let's just sit back and wait for the good news to pour in rather than spending our days typing out posts about the worst that could happen. You sound a lot more positive than you do about Ly. (3.3M profits)
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micky
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Post by micky on Mar 6, 2018 15:15:30 GMT
Sorry, but I'm still with doom and gloom anything else is a bonus.
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GeorgeT
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Post by GeorgeT on Mar 6, 2018 16:27:47 GMT
As I said, it is all starting to happen behind the scenes and get up and running again and it couldn't be going better in the circumstances then if we waved a magic wand and wished for it. I do think that a lot of the postings on here are doom laden and rather pointless, worst case stuff and really everybody should be relaxing and leaving it all to the excellent administrator who is really getting on top of things in super quick time and has already given us plenty of assurances to ensure we sleep soundly at night. Let's just sit back and wait for the good news to pour in rather than spending our days typing out posts about the worst that could happen. You sound a lot more positive than you do about Ly. (3.3M profits) I would say an important difference between LY and COL is that the latter has quite a lot of small loans against jewellery cars and small residential properties. Those are quite nice compact loans that can be quite easily disposed of and recovery monies realised. Whereas LY specialised in mega loans which by their very nature tend to be more complicated and harder to bring to a resolution - in particular the big number of multi million pound development finance loans. The Collateral loans that concern me the most are the development finance loans which they had been getting into and finding it difficult to fill and those are the ones that are likely to cause the problems if problems arise. But overall I consider the Collateral loan book to be a tastier and higher class affair than the Lendy loan book which contains a smaller number of very big and more complicated loans and I think would be a lot more difficult to wind down successfully within a reasonable time.
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moist
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Post by moist on Mar 6, 2018 16:47:57 GMT
You sound a lot more positive than you do about Ly. (3.3M profits) I would say an important difference between LY and COL is that the latter has quite a lot of small loans against jewellery cars and small residential properties. Those are quite nice compact loans that can be quite easily disposed of and recovery monies realised. Whereas LY specialised in mega loans which by their very nature tend to be more complicated and harder to bring to a resolution - in particular the big number of multi million pound development finance loans. The Collateral loans that concern me the most are the development finance loans which they had been getting into and finding it difficult to fill and those are the ones that are likely to cause the problems if problems arise. But overall I consider the Collateral loan book to be a tastier and higher class affair than the Lendy loan book which contains a smaller number of very big and more complicated loans and I think would be a lot more difficult to wind down successfully within a reasonable time. Would assume the Development loans will end up refinanced on other platforms.....if LTV allows it...
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tx
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Post by tx on Mar 6, 2018 17:24:16 GMT
Ly’s current tranches also hitting a wall ... over half of the tranche amount of 3 loans are still not filled after days gong live. Remind me of COL’s final days. Ly also putting in cash back ... certain ones also at 2% like COL ... oh dear. The slow repayment and large amount of overdue loan certainly hit the available funds level and investor confidence.
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Post by simert on Mar 6, 2018 17:36:18 GMT
I received this email 4th March:
Congratulations, your account balance has just received a boost.
Your unique link has been used by a new investor earning you a referral commission which has now been added to your available balance.
Thank you for recommending Collateral.
Kind regards,
The Collateral Team
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Post by polonius on Mar 6, 2018 20:06:08 GMT
I also got a deposit notice (with the usual blurb which needs taking off the email) just before 2pm today, having made a transfer at 1850 on black Monday last week, so definite evidence of her doing the reconciliations this week as previously stated........of and in itself this has to be a good thing (albeit a tiny one). I too got a deposit notice just before 2pm this afternoon, crediting me with £1. However in my case I have made no deposits for about 3 months and I have never deposited the sum of one pound. I suppose it is free money as part of the website recovery process. I wish it was more but still a pound's a pound! What will tomorrow bring?
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kaya
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Post by kaya on Mar 6, 2018 20:57:50 GMT
Sorry, but I'm still with doom and gloom anything else is a bonus. Indeed micky some of us just can't help it! ''A pound in the bank is worth two in Collateral'' (and maybe much more!) I will alter that view when I actually see see a pound or two and more back in my bank account, amounting to at least 50% of my investment. So no happy pills for me here. I shall however drown my sorrows in super cider, for the next few weeks at least, but when minimum pricing kicks in thanks to the killjoy Scottish pretend 'parliament', I don't know what I shall do.
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