shimself
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Post by shimself on Apr 25, 2020 17:39:48 GMT
Loan #1006 quote
Lender Vote Result (14/04/2020)
Dear Lenders,
We write further to our lender vote which closed on 6 April 2020 and are now in a position to advise the outcome of this vote.
There was a majority in favour of option A when those not voting are included as deemed consent.
The resulting preferred option is A.
A copy of the vote text can be found in our blog post, www.assetzcapital.co.uk/blog/forbearance--faqs
Regards
Assetz Capital
This is worthy of an old communist dictatorship. Is it really the case then that actually the majority of the money voting went for B?! (I should say I did actually vote A on this occasion)
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rrrupert
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Post by rrrupert on Apr 25, 2020 19:24:59 GMT
The same information is posted as an update in most loans. However, all the other loan updates I have seen state "There was a majority in favour of option A from both those choosing to vote and even greater when those not voting are included as deemed consent." This is quite different from what is in #1006. I think its likely a cut and paste error by Assetz and they just missed a bit out.
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shimself
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Post by shimself on Apr 26, 2020 9:00:58 GMT
The same information is posted as an update in most loans. However, all the other loan updates I have seen state "There was a majority in favour of option A from both those choosing to vote and even greater when those not voting are included as deemed consent." This is quite different from what is in #1006. I think its likely a cut and paste error by Assetz and they just missed a bit out. I've emailed them (complaints@) to protest. Your explanation seems likely, but given that they preselect A now when voting I'm not completely convinced. And that they don't announce the figures. It seems barmy to me, I think they've lost (ie B won) erm just one vote in all time.
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Post by oppsididitagain on Apr 27, 2020 11:54:51 GMT
Agreed, this is ridiculous...
Some loans will never be repaid, or action taken to recover the outstanding monies. AC will just consent to what ever the borrowers wants as people couldn't/forgot to vote.
Pretty poor IMHO its just another reason I've lost trust, faith and I'm trying to remove my money from this platform.
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shimself
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Post by shimself on Apr 27, 2020 14:20:34 GMT
On another thread Chris has told me that this is limited to the forbearance vote,and was flagged as such in the first place. So really apologies to AC and forumites, a fuss about nothing
In my defence I started at complaints@, was bounced to enquiries@ and neither of them had the gumption to point this out
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Post by investor01010101 on Apr 27, 2020 16:59:35 GMT
Agreed, this is ridiculous... Some loans will never be repaid, or action taken to recover the outstanding monies. AC will just consent to what ever the borrowers wants as people couldn't/forgot to vote. Pretty poor IMHO its just another reason I've lost trust, faith and I'm trying to remove my money from this platform. You and me both, AC couldn't manage a paper bag let alone some of the crooks they have loaned money to.
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dave4
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Cynical is a hobby not a lifestyle
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Post by dave4 on Apr 27, 2020 17:37:39 GMT
On another thread Chris has told me that this is limited to the forbearance vote,and was flagged as such in the first place. So really apologies to AC and forumites, a fuss about nothing
In my defence I started at complaints@, was bounced to enquiries@ and neither of them had the gumption to point this out
Might be worth assetz mentioning this forbearance vote connection in the votes outcome ?
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andy5
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Post by andy5 on Apr 27, 2020 23:16:55 GMT
On another thread Chris has told me that this is limited to the forbearance vote,and was flagged as such in the first place. So really apologies to AC and forumites, a fuss about nothing
They can't make any assumptions about my vote, as I didn't know about it.
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