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Post by mrclondon on Nov 13, 2019 13:49:59 GMT
Loan defaulted on website, depite maturity date of just two weeks ago.
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Post by mrclondon on Dec 2, 2019 18:11:51 GMT
Has just repaid in full with all interest.
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iRobot
Member of DD Central
Posts: 1,657
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Post by iRobot on Dec 2, 2019 18:19:36 GMT
Cause: Loan defaulted on website, depite maturity date of just two weeks ago. And effect: Has just repaid in full with all interest. Why couldn't FS have done that more often?   |
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Post by blackdog on Dec 2, 2019 18:56:38 GMT
Well....it's a start, one loan repaid,only 61 to go 😳
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adrian77
Member of DD Central
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Post by adrian77 on Dec 2, 2019 19:04:25 GMT
Well nice to have some good news! Wonder how many loans will come good - can't be many left now?
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rogerthat
Member of DD Central
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Post by rogerthat on Dec 2, 2019 19:30:48 GMT
Wish I had one that would come good  ..all ive had since D-Day is the kitchen extractor fan go kaputski and the microwave follow suit in sympathy 2 days later..bah humbug  |
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sqh
Member of DD Central
Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
Posts: 1,426
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Post by sqh on Dec 2, 2019 21:33:15 GMT
Cause: Loan defaulted on website, depite maturity date of just two weeks ago. And effect: Has just repaid in full with all interest. Why couldn't FS have done that more often? This loan was always going to repay on time. It might have got slightly delayed while new legal paperwork was issued due to the administration.
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Post by investor1925 on Dec 3, 2019 8:45:07 GMT
It's about time they let us withdraw some of it.
With this last repayment, I've got over £700 sitting on account doing nothing.
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Post by FSAG Forum on Dec 3, 2019 15:16:53 GMT
Wish I had one that would come good ..all ive had since D-Day is the kitchen extractor fan go kaputski and the microwave follow suit in sympathy 2 days later..bah humbug Does that mean that you stopped re-investing & got a lot of your money out before they went pop?
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rogerthat
Member of DD Central
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Post by rogerthat on Dec 3, 2019 15:48:36 GMT
Wish I had one that would come good ..all ive had since D-Day is the kitchen extractor fan go kaputski and the microwave follow suit in sympathy 2 days later..bah humbug Does that mean that you stopped re-investing & got a lot of your money out before they went pop? Yes...I started selling everything (or not renewing) from early 2018 onwards...with a few pawn exceptions, the vast majority of my defaults are between 600+ and 900+ days so was unable to offload. I notice that there are a few loans that haven't yet been defaulted according to my dashboard..I.O.W..a G Guitar..and an E Type..?
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baldpate
Member of DD Central
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Post by baldpate on Dec 3, 2019 21:49:31 GMT
I notice that there are a few loans that haven't yet been defaulted according to my dashboard..I.O.W..a G Guitar..and an E Type..? I don't believe these have yet fallen due for repayment. Apart from the very few overdue property loans which haven't yet been defaulted (not sure why not?), most loans are being defaulted as soon as they fall overdue. My cynically self tells me it is done so that they can claim loans like this one as 'recoveries', and charge fees accordingly. My more charitable self suggests it is simply done to bring some order and clarity to the mess they've inherited.
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
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Post by Godanubis on Dec 3, 2019 22:48:35 GMT
Cause: And effect: Why couldn't FS have done that more often? This loan was always going to repay on time. It might have got slightly delayed while new legal paperwork was issued due to the administration. I agree that was one of the better loans, Now let's get some recovery of the not so good
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..all ive had since D-Day is the kitchen extractor fan go kaputski and the microwave follow suit in sympathy 2 days later..bah humbug 
