Greenwood2
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Post by Greenwood2 on Oct 6, 2021 10:09:53 GMT
Am I alone here, but I had no updates in September for my loans (6 of which are way way overdue) except for one dated 6 sept which was word-for-word repeat of the August update. I have emailed the Collections/Lender relations guy 2 or 3 times and received no reply. Is it just my loans? Be interested to hear ifanyone received updates in September. Thanks I got a bunch of updates in September, mainly on the 6th.
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tony9239
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Post by tony9239 on Oct 6, 2021 13:52:49 GMT
Am I alone here, but I had no updates in September for my loans (6 of which are way way overdue) except for one dated 6 sept which was word-for-word repeat of the August update. I have emailed the Collections/Lender relations guy 2 or 3 times and received no reply. Is it just my loans? Be interested to hear ifanyone received updates in September. Thanks I got a bunch of updates in September, mainly on the 6th. OK thanks. Must be just mine then. No progress means no update.
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Post by johnsfield on Oct 8, 2021 9:15:18 GMT
One of my loans last updated 19.07.21
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Greenwood2
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Post by Greenwood2 on Oct 16, 2021 8:33:08 GMT
October updates are in.
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mah
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Post by mah on Oct 16, 2021 16:42:38 GMT
1 out of my 2 (not paying any Interests since ages) had an update yesterday. The other is outstanding an update since Aug.
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alibaba
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Post by alibaba on Nov 19, 2021 11:33:01 GMT
Over a month since last loan updates, 6 loans outstanding since 2019, 2 loans outstanding since 2018 1 loan outstanding since 2017. 11k outstanding interest / rolled not looking to promising.
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Greenwood2
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Post by Greenwood2 on Nov 22, 2021 14:29:01 GMT
Over a month since last loan updates, 6 loans outstanding since 2019, 2 loans outstanding since 2018 1 loan outstanding since 2017. 11k outstanding interest / rolled not looking to promising. I had updates on the 19th.
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alibaba
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Post by alibaba on Nov 22, 2021 14:47:08 GMT
One update on the 19th and one on the 22nd still waiting for a further eight updates. Outstanding/rolled interest 12k over ten loans, one update on the negative side alluding to an over valuation off circa one million.
Seems like a repeat of TC, AC, HNW and many others it is only after three or four years that you get a realistic valuation of your investment in p2p.
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Greenwood2
Member of DD Central
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Post by Greenwood2 on Nov 22, 2021 16:01:05 GMT
One update on the 19th and one on the 22nd still waiting for a further eight updates. Outstanding/rolled interest 12k over ten loans, one update on the negative side alluding to an over valuation off circa one million. Seems like a repeat of TC, AC, HNW and many others it is only after three or four years that you get a realistic valuation of your investment in p2p. I have 8 with rolled interest of these, one has partially repaid, two are about to fully repay, two have been re-possessed and are for sale, two are very low LTV and unlikely to not be recoverable. The other one is slightly worrying but SOMO seem to be pursuing it fairly vigorously. I've been with them since 2016 and so far all of my loans have been fully repaid with all interest (eventually). I hope the over valued one has valuation insurance, they usually do, although I've never seen it used.
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Post by billy169 on Nov 22, 2021 16:08:44 GMT
Yes..the over valued one is worrying,,and very over due. I hope the PG is worth it.
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michaelc
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Post by michaelc on Nov 22, 2021 17:47:13 GMT
Yes..the over valued one is worrying,,and very over due. I hope the PG is worth it. Got a number ?
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iRobot
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Post by iRobot on Nov 22, 2021 18:21:22 GMT
Yes..the over valued one is worrying,,and very over due. I hope the PG is worth it. Got a number ? I'm presuming 1083 based on the update, the age and the mention of a PG (which is probably worth absolutely cock-all, considering the update)
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Post by billy169 on Nov 22, 2021 18:29:43 GMT
H***h.. London E**M,,,,1.1M over.
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dh1
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Post by dh1 on Nov 22, 2021 19:16:57 GMT
Oh dear. Looks like the proud claim "... Zero capital losses and 100% recovery rate ..." is under pretty serious threat...
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alibaba
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Post by alibaba on Nov 22, 2021 21:09:37 GMT
Similar to HNW claims about no losses and first loss tranche, but we shall wait and see. I will be interested in 4th way evaluations.
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