New information on investment changed to unredeemed emails
Feb 5, 2019 14:55:31 GMT
adrian77 likes this
Post by beepbeepimajeep on Feb 5, 2019 14:55:31 GMT
Previous to today, all my emails from Funding Secure informing me an investment I held with them had been changed to unredeemed simply opened with
"The status on one of your investments has been changed to "Unredeemed", meaning it has been formally defaulted"
However today I received one of these emails (Sapphire) which now opens with
"Our legal team have advised us to change the status on one of your investments to "Unredeemed".
With several large loans out there that should (imo) be unredeemed (power boats, all the art loans) I wonder why this change has come about? Are they trying to pass the blame for not defaulting onto someone else? Am I reading to much into it and it shows FS are hiring more staff. Perhaps just a change of wording.
"The status on one of your investments has been changed to "Unredeemed", meaning it has been formally defaulted"
However today I received one of these emails (Sapphire) which now opens with
"Our legal team have advised us to change the status on one of your investments to "Unredeemed".
With several large loans out there that should (imo) be unredeemed (power boats, all the art loans) I wonder why this change has come about? Are they trying to pass the blame for not defaulting onto someone else? Am I reading to much into it and it shows FS are hiring more staff. Perhaps just a change of wording.
