dave4
Member of DD Central
Cynical is a hobby not a lifestyle
Posts: 1,005
Likes: 573
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Post by dave4 on Mar 12, 2021 18:27:33 GMT
Announced fri the 12th March 2021 early evening, read mon 15th, live @ 2pm.  |
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Post by df on Mar 12, 2021 19:35:01 GMT
Announced fri the 12th March 2021 early evening, read mon 15th, live @ 2pm. New borrower. Financing to this Borrower is intended to be provided in multiple tranches with security being shared pari passu with future loans. Borrower Sector: Property Loan Tranche Amount: £400,000. Term: 48 months (24 months minimum term). Rate: 14% - Year 1 Interest Only / Years 2-4 Interest & Capital. Security: Debenture, Equitable Charges, Personal Guarantee. Instant Returns: Enabled. Loan Launch: 11am – 15th March 2021 (READ ONLY). Loan Live: 2pm – 15th March 2021 No bidding limits. I hope it won't be as manic as with 155...
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 10,852 
Likes: 11,080
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Post by ilmoro on Mar 12, 2021 19:44:05 GMT
Announced fri the 12th March 2021 early evening, read mon 15th, live @ 2pm. New borrower. Financing to this Borrower is intended to be provided in multiple tranches with security being shared pari passu with future loans. Borrower Sector: Property Loan Tranche Amount: £400,000. Term: 48 months (24 months minimum term). Rate: 14% - Year 1 Interest Only / Years 2-4 Interest & Capital. Security: Debenture, Equitable Charges, Personal Guarantee. Instant Returns: Enabled. Loan Launch: 11am – 15th March 2021 (READ ONLY). Loan Live: 2pm – 15th March 2021 No bidding limits. I hope it won't be as manic as with 155... equitable not legal charges, meaning no power of sale of the asset in the event of default. I assume the debenture will contain a fixed charge over all assets to alleviate this
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k6
Posts: 164
Likes: 106
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Post by k6 on Mar 12, 2021 19:51:55 GMT
I did not get any email regarding this new loan wondering if there are more like me ? ( yes I did check my spam folder )
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 10,852
Likes: 11,080
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Post by ilmoro on Mar 12, 2021 20:41:25 GMT
I did not get any email regarding this new loan wondering if there are more like me ? ( yes I did check my spam folder ) Havent had the last couple on main address (not in spam) but got them on IFISA account email address
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brianlom1
Member of DD Central
He's not the Messiah, he's a very naughty boy!
Posts: 386
Likes: 387
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Post by brianlom1 on Mar 12, 2021 21:17:45 GMT
I did not get any email regarding this new loan wondering if there are more like me ? ( yes I did check my spam folder ) Do you have multiple email accounts associated with Ablrate accounts? Have you checked them all?
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blender
Member of DD Central
Posts: 5,719
Likes: 4,272
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Post by blender on Mar 12, 2021 22:07:17 GMT
They only send to one of my two addresses.
Good to see a new loan and a new borrower. Looking forward to playing 'hunt the assets' on Monday. But it is likely that this will provide a home for some cash for a while.
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Post by Badly Drawn Stickman on Mar 12, 2021 23:05:14 GMT
They only send to one of my two addresses. Good to see a new loan and a new borrower. Looking forward to playing 'hunt the assets' on Monday. But it is likely that this will provide a home for some cash for a while. Sadly the numbers add up to 13 so I will have to pass on this one sight unseen. The investing equivalent of walking under a ladder, rather surprised this was not spotted before launch and it being issued as 157. There would have been the additional factor that releasing funds elsewhere over a weekend tends not to work for me. Loans on a Monday what new madness is this? Clearly this one is the 'fat ball' that has clogged the pipeline and needed breaking up to get the flow going, so maybe I can wait for other treasures to now filter through.
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criston
Member of DD Central
Posts: 1,204
Likes: 628
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Post by criston on Mar 13, 2021 8:12:42 GMT
153 is yet to emerge then.
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blender
Member of DD Central
Posts: 5,719
Likes: 4,272
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Post by blender on Mar 13, 2021 8:52:53 GMT
They only send to one of my two addresses. Good to see a new loan and a new borrower. Looking forward to playing 'hunt the assets' on Monday. But it is likely that this will provide a home for some cash for a while. Sadly the numbers add up to 13 so I will have to pass on this one sight unseen. The investing equivalent of walking under a ladder, rather surprised this was not spotted before launch and it being issued as 157. There would have been the additional factor that releasing funds elsewhere over a weekend tends not to work for me. Loans on a Monday what new madness is this? Clearly this one is the 'fat ball' that has clogged the pipeline and needed breaking up to get the flow going, so maybe I can wait for other treasures to now filter through. Hey! What have you done with our Village Idiot? Is his body hosting an alien? Let's have him back, please.
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Post by Badly Drawn Stickman on Mar 14, 2021 11:18:21 GMT
Sadly the numbers add up to 13 so I will have to pass on this one sight unseen. The investing equivalent of walking under a ladder, rather surprised this was not spotted before launch and it being issued as 157. There would have been the additional factor that releasing funds elsewhere over a weekend tends not to work for me. Loans on a Monday what new madness is this? Clearly this one is the 'fat ball' that has clogged the pipeline and needed breaking up to get the flow going, so maybe I can wait for other treasures to now filter through. Hey! What have you done with our Village Idiot? Is his body hosting an alien? Let's have him back, please. One likes to take the odd change of persona, but invariable returns to type eventually. I am curious to see how this new loan goes, is demand so high it flies regardless or is it treated on its merits and fills accordingly, I am not sure I want to put a great deal of effort into moving funds if they are just going to be withdrawn again. Having said that I can buy a loan I know a fair deal about paying 14% at a 5% discount currently so may 'watch that space' instead.
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blender
Member of DD Central
Posts: 5,719
Likes: 4,272
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Post by blender on Mar 14, 2021 17:08:09 GMT
Hey! What have you done with our Village Idiot? Is his body hosting an alien? Let's have him back, please. One likes to take the odd change of persona, but invariable returns to type eventually. I am curious to see how this new loan goes, is demand so high it flies regardless or is it treated on its merits and fills accordingly, I am not sure I want to put a great deal of effort into moving funds if they are just going to be withdrawn again. Having said that I can buy a loan I know a fair deal about paying 14% at a 5% discount currently so may 'watch that space' instead. ESOTERIC | meaning in the Cambridge English Dictionary: very unusual and understood or liked by only a small number of people, especially those with special knowledge. So, not much of a change really, except for the image, which is really good and high res. Many clock-like motifs in a floral context. Cool! There is nothing at a 5% discount on Ablrate at present, but maybe it is the nuts and bolts. Knowing all about it is wise, but it depends on whether the special knowledge is of good or bad things. On buying loans I think we should apply the ASMX test, which is 'Would I lend on this if ASMX were not there?' If the answer is yes, then go for it. ASMX is not Ablrate and Ablrate no longer has its own SM. So it's not such a silly test. Scary if the music stops.
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Post by Badly Drawn Stickman on Mar 14, 2021 18:16:57 GMT
One likes to take the odd change of persona, but invariable returns to type eventually. I am curious to see how this new loan goes, is demand so high it flies regardless or is it treated on its merits and fills accordingly, I am not sure I want to put a great deal of effort into moving funds if they are just going to be withdrawn again. Having said that I can buy a loan I know a fair deal about paying 14% at a 5% discount currently so may 'watch that space' instead. ESOTERIC | meaning in the Cambridge English Dictionary: very unusual and understood or liked by only a small number of people, especially those with special knowledge. So, not much of a change really, except for the image, which is really good and high res. Many clock-like motifs in a floral context. Cool! There is nothing at a 5% discount on Ablrate at present, but maybe it is the nuts and bolts. Knowing all about it is wise, but it depends on whether the special knowledge is of good or bad things. On buying loans I think we should apply the ASMX test, which is 'Would I lend on this if ASMX were not there?' If the answer is yes, then go for it. ASMX is not Ablrate and Ablrate no longer has its own SM. So it's not such a silly test. Scary if the music stops. Drat, I thought the spacing may have caused more confusion. Check the urban dictionary for Teric and you will see it works on two levels. Buying any loan involves a certain 'leap of faith' either in the platform or the escape route, maybe a degree of separation in the two is a good thing? Still we always have the safety net of the liquidity providers.
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blender
Member of DD Central
Posts: 5,719
Likes: 4,272
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Post by blender on Mar 14, 2021 21:18:46 GMT
Blessed are the liquidity providers, for they may receive the principal repayment.
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woodie
Member of DD Central
Posts: 120
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Post by woodie on Mar 14, 2021 23:32:19 GMT
In the first week of our University course we were referred to an absolute must ... buy a copy of Sir Ernest Gower's ' The Complete Plain Words' and shock horror read it !
I'm sorry I've had a few beers so bear me with this.
It is increasing difficult for me to understand the posts, of obviously very clever people, who seem to be more interested in flaunting their IQ's than actually saying anything.
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