adrian77
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Post by adrian77 on May 30, 2018 7:10:13 GMT
I have a nibble in this one - it is still not been activated for 85 days. This is ridiculous and in my humble opinion the loan should be cancelled and our money returned. I asked FS about this and was given the normal meaningless drivel...will try again today.
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bg
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Post by bg on May 30, 2018 7:22:35 GMT
I have a nibble in this one - it is still not been activated for 85 days. This is ridiculous and in my humble opinion the loan should be cancelled and our money returned. I asked FS about this and was given the normal meaningless drivel...will try again today. Why? The loan hasn't drawn yet so you're earning 13% interest risk free. What's the problem with that?
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adrian77
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Post by adrian77 on May 30, 2018 10:01:00 GMT
as of today nothing but at this rate this loan is going to be overdue before it is even activated - that will be a first! Spoke to FS about this one and believe it or not all I got as a reply was basically "we are waiting for legals and don't know when to expect them" - brilliant!
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bg
Member of DD Central
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Post by bg on May 30, 2018 21:15:30 GMT
as of today nothing but at this rate this loan is going to be overdue before it is even activated - that will be a first! Spoke to FS about this one and believe it or not all I got as a reply was basically "we are waiting for legals and don't know when to expect them" - brilliant! Yes but I don't think the term starts until the loan draws down....so it can't be overdue until 6 mon the after it draws. If the loan breaks down then you will just get your money back with interest.
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number5
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Post by number5 on May 30, 2018 22:15:40 GMT
as of today nothing but at this rate this loan is going to be overdue before it is even activated - that will be a first! Spoke to FS about this one and believe it or not all I got as a reply was basically "we are waiting for legals and don't know when to expect them" - brilliant! Yes but I don't think the term starts until the loan draws down....so it can't be overdue until 6 mon the after it draws. If the loan breaks down then you will just get your money back with interest. I have noticed when some loans have been activated they don't always start at 183 days. Sometimes even a week in or so. I assumed these were drawn down before the loan was even filled...?
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rs
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Post by rs on Jul 12, 2018 11:59:31 GMT
Strangely enough I have invested in this loan for 128 days and it's still not active?
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Post by boudicca on Aug 7, 2018 15:12:28 GMT
Will this be the first six month loan that remains un-activated ? Anyone know what is happening here ?
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rs
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Post by rs on Aug 7, 2018 15:43:48 GMT
Will this be the first six month loan that remains un-activated ? Anyone know what is happening here ? FS don't really explain when asked what is going on with this loan.
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upland
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Post by upland on Aug 11, 2018 8:09:16 GMT
I enquired about this one last week and they said that if it remains un activated within the next month they will look into cancelling it with our funds and interest returned.
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rs
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Post by rs on Aug 11, 2018 8:47:00 GMT
Will this be the first six month loan that remains un-activated ? Anyone know what is happening here ? FS don't really explain when asked what is going on with this loan. As I said FS don’t explain why this loan is not activated yet.
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upland
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Post by upland on Aug 11, 2018 8:57:51 GMT
I enquired about this one last week and they said that if it remains un activated within the next month they will look into cancelling it with our funds and interest returned. Thats true rs , they did mention in the email that once they have "additional information" then it could then be posted onto the loans page. Read into that what you will , its not that specific.
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hendragon
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Post by hendragon on Aug 12, 2018 18:21:00 GMT
can we have a few more of these please FS. Little risk, good returns and will probably be one of the few loans that repays more or less on time
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rs
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Post by rs on Aug 14, 2018 7:30:23 GMT
can we have a few more of these please FS. Little risk, good returns and will probably be one of the few loans that repays more or less on time Hi Hendragon If this loan does become active and then suddenly is changed to unredeemed in 3 months would you want to know why this loan took 4-6 months to become active? So this is one of the riskier loans for me now until FS state exactly why it’s taken so long to become active.
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Post by brummiefred on Aug 14, 2018 15:31:00 GMT
Loan to be cancelled and interest paid to investors (without risk!)
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IFISAcava
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Post by IFISAcava on Aug 14, 2018 15:39:32 GMT
Loan to be cancelled and interest paid to investors (without risk!) Great outcome given the low liquidity state of FS at the mo
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