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Post by loanstar on Apr 13, 2015 19:42:29 GMT
I can report that no notes have been added to 8550, at the same time it cannot be sold. Looks like I'm stuck with this one.
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wysiati
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Post by wysiati on Apr 13, 2015 19:49:33 GMT
3441 currently 'processing' but a candidate to go late as administrators were, according to TC forum, appointed last week. No notes on FC as yet.
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oldgrumpy
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Post by oldgrumpy on Apr 14, 2015 12:07:47 GMT
What a contrast Feathered Cormorants makes with Flashy Kangaroos. The former adds cursory a note weeks later when they feel like it, without explaining the reason for late payment, and (it seems) often not at all.
I got this email update from the latter today (my emphasis).
Update Tuesday 14 April 2015
Payment has been received and allocated to lenders accordingly. The payment was a day late as a result of a processing error by the borrower's bank which we understand has been rectified for payments going forward. The borrower has been quick to apologise for the inconvenience caused.
I know that too many emails can be considered a nuisance, but these can be opted out from; the fact that policy is to inform lenders shows the difference in attitude between one platform, and another that thinks it is beyond criticism on a lot of matters.
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blender
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Post by blender on Apr 14, 2015 13:00:31 GMT
Yes FK represent the best of the days of old; honour and chivalry, the occasional (selective) rescue of female lenders from tall towers - and I heard a rumour that they plan another quest for the Holy Grail. While all FC are concerned about is getting their costs under control.  (FC have just passed £600 million lent - that's a slightly different world from £15 million, like the difference between 'how many people do we need on collections and recoveries per £100 million of loan book', and the problem of what the one person is going to do after lunch on a wet day.) |
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rogerbu
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Post by rogerbu on Apr 14, 2015 13:59:39 GMT
I can report that no notes have been added to 8550, at the same time it cannot be sold. Looks like I'm stuck with this one. Looks like 8550 late payment is an FC problem. 14 Apr 2015 Due to a technical issue, we are unable to distribute March's repayment. Our tech team are currently looking into this and we expect to have the issue resolved shortly. We thank investors for their patience. Did it really need 14 days for FC to recognise it had a problem? Update 15:15. 8550 payments now received
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adrianc
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Post by adrianc on Apr 14, 2015 15:31:56 GMT
Yes FK represent the best of the days of old; honour and chivalry, the occasional (selective) rescue of female lenders from tall towers - and I heard a rumour that they plan another quest for the Holy Grail. Presumably, requiring Fighters in Chainmail to rescue them from Fiery Creatures?
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blender
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Post by blender on Apr 14, 2015 16:05:19 GMT
Yes FK represent the best of the days of old; honour and chivalry, the occasional (selective) rescue of female lenders from tall towers - and I heard a rumour that they plan another quest for the Holy Grail. Presumably, requiring Fighters in Chainmail to rescue them from Fiery Creatures? While preserving Female Chastity.
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Post by loanstar on Apr 14, 2015 16:54:42 GMT
The best part about 8550 and the late payment is that is to an IT company. No wonder it was an IT issue.  |
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adrianc
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Post by adrianc on Apr 17, 2015 18:11:31 GMT
6552 - due on 24th, now sixteen days late - and still no note. <drumroll> 6552 has a note! Unfortunately, it's a RAG red, as the borrower is apparently "proposing a Company Voluntary Arrangement, which will see the company's debts paid off over a longer period of time", so Firmly Carpetted will "likely... default the loan in the coming weeks". <sigh> I think I preferred ignorance.
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Post by ranjeb on Apr 17, 2015 18:21:42 GMT
Hmm yes I have 6552 and a few others that seem to have gone pop recently, I was doing very well with low bad debt until recently.
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min
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Post by min on Apr 17, 2015 18:34:06 GMT
6552 - due on 24th, now sixteen days late - and still no note. <drumroll> 6552 has a note! Unfortunately, it's a RAG red, as the borrower is apparently "proposing a Company Voluntary Arrangement, which will see the company's debts paid off over a longer period of time", so Firmly Carpetted will "likely... default the loan in the coming weeks". <sigh> I think I preferred ignorance. I would still be ignorant if not for this forum. Just checked and I've got one £20 part but no reference in my loan comments. Plenty of others today- mostly negative and depressing. Happy Weekend to all!
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adrianc
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Post by adrianc on Apr 17, 2015 22:12:36 GMT
It's almost as if somebody's suddenly woken up... I sent 'em a message the other day asking about 6552 and 6521 (which had a creditor's meeting a month ago... with no comment). Strangely and, surely, Fully Coincidentally both got commented today. Both RAG red. No reply to my message yet...
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registerme
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Post by registerme on Apr 21, 2015 10:54:27 GMT
11443 was meant to pay on the 18th April and has been "processing" since. No note, and FC weren't able to tell me anything useful.
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Post by longjohn on Apr 21, 2015 12:32:53 GMT
11443 was meant to pay on the 18th April and has been "processing" since. No note, and FC weren't able to tell me anything useful. Fumbling Credit have a habit of screwing up the first repayment. It's probably a direct debit issue. No worries just yet. John
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registerme
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Post by registerme on Apr 21, 2015 12:44:20 GMT
11443 was meant to pay on the 18th April and has been "processing" since. No note, and FC weren't able to tell me anything useful. Fumbling Credit have a habit of screwing up the first repayment. It's probably a direct debit issue. No worries just yet. John Gotcha. I should have looked at that first. Thanks, and sorry for the false alarm. Like I said in another post, I'm still a newbie .
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