keitha
Member of DD Central
2024, hopefully the year I get out of P2P
Posts: 3,871
Likes: 2,309
|
Post by keitha on Oct 5, 2019 13:19:30 GMT
see the poll questions
Does anyone else ever ask
|
|
Stonk
Stonking
Posts: 735 
Likes: 658
|
Post by Stonk on Oct 5, 2019 18:15:33 GMT
I'm always aware of my lates, and other anomalies, because I login, update my records and reconcile twice a week.
Having experienced FC's cut-n-paste responses to other questions, I have never seriously considered asking them about any particular late loan. I assume that they notice all late loans; whether they take action is up to them, and my feeling is that my input would not change anything.
|
|
r00lish67
Member of DD Central
Posts: 2,691
Likes: 4,048
|
Post by r00lish67 on Oct 6, 2019 7:37:19 GMT
My The Times App has in the Sunday Times Business Section Headline: “ Funding Circle chases pair” The web version is: www.thetimes.co.uk/ <redacted> For a moment of disbelief I thought I’d read “ Funding Circle grows a pair“. But alas not the headline nor the reality. Wonder why they picked on these geezers. I mean if every borrower who defaults on a £250k loan is worthy of being printed, well, they'll have the business section of the Sunday Times sorted for the next 10 years or so!
|
|
trevor
Member of DD Central
Posts: 556
Likes: 379
|
Post by trevor on Oct 6, 2019 8:11:58 GMT
From my experience with a few platforms asking them a question never gets you any further than the information already published on the platform. If the platform did give you extra information that gave you an advantage the remaining lenders would have cause for complaint.
|
|
|
|
Post by tredod on Oct 6, 2019 10:53:34 GMT
As it appears from the article that one of the directors that FC are seeking to recover the debt from alleges that his signature was forged by the other, another reason for the article may be that the Sunday Times were planning a fuller story either about this dispute, or similar ones elsewhere(not necessarily involving FC), but were unable to do so, probably for legal reasons, and so were left with just this.
I have a much older default where it appears from the comments that something similar is alleged.
|
|
|
|
Post by shanghaiscouse on Oct 7, 2019 7:23:03 GMT
I also could not understand the motivation behind that article, on the one hand I thought it might be a news story originanting from a shocked lender that FC were actually pursuing debtors, that would be a first and therefore newsworthy, on the other I was wondering if it was a complaint from the directors being pursued as it seems the police had washed their hands of it (because why this focus on one specific case, my portfolio of >1,000 loan parts has many, many similar cases) and they thought FC shouldn't be pursuing them further so they decided to give FC some bad publicity. I think it is most likely the two directors provided the info to the times as a complaint against being pursued by FC, there is too much info disclosed, I doubt FC would ever do that. In any case to lenders like us it is pretty galling as our pain goes unnoticed.
|
|
