victors
Member of DD Central
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Post by victors on May 14, 2019 8:04:10 GMT
Update now in admin notes.
This borrower does seem a bit disorganised. Misses repayment dates quite often.
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Post by ladywhitenap on May 14, 2019 8:16:17 GMT
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victors
Member of DD Central
Posts: 157
Likes: 86
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Post by victors on May 17, 2019 11:51:00 GMT
Still waiting.
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Post by ablrate on May 19, 2019 13:48:19 GMT
We are working with the borrower and expect it to be up to date this week
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ped
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Post by ped on Jun 5, 2019 17:33:39 GMT
I am thinking the can has been kicked down the road a lot on these loans.
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victors
Member of DD Central
Posts: 157
Likes: 86
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Post by victors on Jun 5, 2019 17:41:25 GMT
Yes it does seem to be.
With other platforms I'd be concerned, but have more confidence in Abl.
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Post by ablrate on Jun 5, 2019 19:07:13 GMT
As per the update the borrower has informed us that payments are coming to settle the outstanding.
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Post by ladywhitenap on Jun 9, 2019 20:03:47 GMT
Two months payments due now. ablrate we need a more than the assurances provided so far as they have proved worthless. LW
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Post by ladywhitenap on Jun 10, 2019 8:35:52 GMT
Two months payments due now. ablrate we need a more than the assurances provided so far as they have proved worthless. LW Last months payment has now been made and an admin note promises yesterday's payment to arrive soon..... LW
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hantsowl
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Post by hantsowl on Jul 20, 2019 11:17:51 GMT
Funds were 'on the way' on the 10th. Still no sign 10 days later. Has the carrier pigeon got lost? ablrate
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ganymede
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Post by ganymede on Jul 20, 2019 20:10:01 GMT
There is an update now.
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criston
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Post by criston on Jul 20, 2019 20:55:40 GMT
Not sure what it means, the way it's phrased. Is it good or bad news ?
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Post by Ace on Jul 20, 2019 21:20:11 GMT
These loans have amortized down from a combined £500k to roughly £150k outstanding, so probably at the lower end of the risk scale by now. Hence no current availability.
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criston
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Post by criston on Jul 21, 2019 6:46:24 GMT
Ace; Good point.
Is there anywhere on each Ablrate amortising loan where it tells you how much capital is outstanding, or do you have to work it out yourself ?
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Post by Ace on Jul 21, 2019 7:34:00 GMT
Ace; Good point. Is there anywhere on each Ablrate amortising loan where it tells you how much capital is outstanding, or do you have to work it out yourself ? The only way I've found is to go through the process of buying or selling £1 (actual value is irrelevant), where you get a pop-up saying your attempting to buy/sell £1 of the remaining £xxx. You can then cancel the transaction at that point. Hopefully ABL will make this more visible in their new UI.
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