min
Member of DD Central
Posts: 603
Likes: 170
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Post by min on Apr 10, 2024 5:52:27 GMT
"09/04/2024 This loan will not be repaid today as due. The borrower has paid the monthly interest which we will distribute to lenders shortly. Both the borrower and their refinance brokers have been in contact and we are currently in discussions to understand the plan and timescale for repayment. We will update lenders again within the next week." Must be quite a complicated plan! Question is why hasn’t this all been sorted before payment date?
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Post by df on Apr 10, 2024 16:07:17 GMT
"09/04/2024 This loan will not be repaid today as due. The borrower has paid the monthly interest which we will distribute to lenders shortly. Both the borrower and their refinance brokers have been in contact and we are currently in discussions to understand the plan and timescale for repayment. We will update lenders again within the next week." Must be quite a complicated plan! Question is why hasn’t this all been sorted before payment date? Delays of capital repayments is a common occurrence. In this case it looks like the delay is due to the usual bureaucracy of refinancing.
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trevor
Member of DD Central
Posts: 556
Likes: 379
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Post by trevor on Apr 23, 2024 17:55:37 GMT
Last update on 9/4 said further update within the week……..
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Post by Badly Drawn Stickman on Apr 29, 2024 14:12:37 GMT
Update on the platform, holding pattern...
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