bg
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Post by bg on May 19, 2016 16:44:56 GMT
ablrateandy ablrate , ATR 532 is due to finish on 29MAY16. Do you anticipate extending ATR 532 or it having any problems with repaying then? Do you anticipate D********** Eco**** Refinance still being open (provided not filled beforehand) by then? Personally, I would like to reinvest the funds in Ablrate and would like this opportunity to do so I have invested in this loan (and not paid much attention). I now notice trading is suspended but cant find any reasoning behind this. Am I missing something?
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pom
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Post by pom on May 19, 2016 16:50:41 GMT
ablrateandy ablrate , ATR 532 is due to finish on 29MAY16. Do you anticipate extending ATR 532 or it having any problems with repaying then? Do you anticipate D********** Eco**** Refinance still being open (provided not filled beforehand) by then? Personally, I would like to reinvest the funds in Ablrate and would like this opportunity to do so I have invested in this loan (and not paid much attention). I now notice trading is suspended but cant find any reasoning behind this. Am I missing something? Because ABLrate pause all loans in their final month (see the Admin Notes on the loan)
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stevio
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Post by stevio on May 19, 2016 16:52:57 GMT
I have invested in this loan (and not paid much attention). I now notice trading is suspended but cant find any reasoning behind this. Am I missing something? Because ABLrate pause all loans in their final month Its only 10 days away till repayment (hopefully!)
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Post by oktaeder on May 24, 2016 16:39:03 GMT
It won't be paid back in time.
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mickj
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Post by mickj on May 24, 2016 17:31:47 GMT
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nick
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Post by nick on May 25, 2016 18:48:17 GMT
In respect of the personal guarantee provided by Mr AF, what is his net worth excluding this investment (I assume he has provided a statement of assets as part of the process)? I get the impression that his other group company assets are fairly extensive which provides further comfort to the primary asset security being provided.
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registerme
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Post by registerme on May 26, 2016 9:56:33 GMT
In respect of the personal guarantee provided by Mr AF, what is his net worth excluding this investment (I assume he has provided a statement of assets as part of the process)? I get the impression that his other group company assets are fairly extensive which provides further comfort to the primary asset security being provided. My question there is to what extent there is overlap between the corporate / personal guarantees for this loan, and those for the previous loan to another group company.
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blender
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Post by blender on May 26, 2016 12:40:25 GMT
I was considering moving my principal from ATR 532 onto this loan after repayment due on 29th. But that decision seems to have been taken for me, with 532 term extended by 60%. That is not going to help this loan application.
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blender
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Post by blender on May 27, 2016 9:46:26 GMT
Thanks. 'Appears' is right in that there is no tick, but for some reason I cannot make an offer.
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SteveT
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Post by SteveT on May 27, 2016 10:02:07 GMT
Thanks. 'Appears' is right in that there is no tick, but for some reason I cannot make an offer. I just tried as an experiment. Looked like it was working fine until the final confirmation step, which triggered an "Unexpected Error" message
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treeman
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Post by treeman on May 27, 2016 10:07:16 GMT
The next 'payment due' on my dashboard is still showing the value of full repayment of capital and interest for the ATR532 on the29th, so maybe the extension hasn't quite been done right on the system, so preventing trading on the SM ?
< EDIT - it's not now ! Showing interest due only >
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blender
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Post by blender on May 27, 2016 11:25:14 GMT
It seems it was my fault and I must have chosen a closing date in the past - having two emails saying that my offers have expired. Doh! Extra line of code suggested to help idiots who offer their loans for sale before three weeks ago. Someone has managed to make an offer, but I get errors when trying to access the secondary market for 532 - probably excluded for past stupidity. Still, no real problem as I prefer 532 to the new loan and was just thinking of diversifying a bit. An extra 2 months of 532 is no problem at all, as long as the SM works.
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Post by ablrate on May 27, 2016 12:03:15 GMT
It seems it was my fault and I must have chosen a closing date in the past - having two emails saying that my offers have expired. Doh! Extra line of code suggested to help idiots who offer their loans for sale before three weeks ago. Someone has managed to make an offer, but I get errors when trying to access the secondary market for 532 - probably excluded for past stupidity. Still, no real problem as I prefer 532 to the new loan and was just thinking of diversifying a bit. An extra 2 months of 532 is no problem at all, as long as the SM works. Thanks for flagging errors.. will take a look
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Post by ablrate on May 27, 2016 12:13:36 GMT
We have the developers looking at it now... we have paused the loan in the meantime, so that no one gets and error screen.
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shimself
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Post by shimself on Jun 3, 2016 13:58:23 GMT
Could you lay out how the LTV calculation is done please, I can't do it (also posted on ablrate site)
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