tomtom
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Post by tomtom on Jul 3, 2016 21:50:17 GMT
The above three loans are due to be renewed this coming week and I have ticked the box to renew, but non of these loans are showing on "Pending loan page" is this a mistake or are these three loans not being renewed? The other option would be that these existing members in these loans are all going to renew and therefore there would be non available to buy.
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Post by eascogo on Jul 3, 2016 22:28:16 GMT
I would think that these loans will appear in the pending list in a day or two. It is unlikely that the renewal boxes were added by mistake. Keep the boxes ticked and check what happens on the renewal date.
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Post by bluechip on Jul 4, 2016 5:09:23 GMT
I didn't think renewals were added to pending. Isn't that just for brand new loans?
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tomtom
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Post by tomtom on Jul 4, 2016 7:03:00 GMT
I didn't think renewals were added to pending. Isn't that just for brand new loans? Just looked and they are now showing on pending page
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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
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Post by ilmoro on Jul 4, 2016 7:05:12 GMT
I didn't think renewals were added to pending. Isn't that just for brand new loans? No, renewals as well. The four pending currently are renewals.
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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
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Post by ilmoro on Jul 4, 2016 7:11:42 GMT
I didn't think renewals were added to pending. Isn't that just for brand new loans? Just looked and they are now showing on pending page Oh no they're not Only the 4 GAL on my pending, no sign of the 5 +1 MTAC loans??
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Post by MoneyThing on Jul 4, 2016 12:39:30 GMT
Afternoon,
We are just in the process of finalising a debenture facility with this borrower's company (which will replace these individual loans). I am hopeful to have this complete within the next day or two, however if it is likely to take longer then we will be renewing these loans for a few days to give us a bit more time.
Regards,
Ed
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Post by eascogo on Jul 4, 2016 20:00:15 GMT
Two renewals are due tomorrow [AE315 and AE316]. For the record renewals do show as pending loans with MT sending an email a few days in advance [on 30th June in this case]: "There are two Grouped Assets Loans with our partner T** A**** E******* that are due to renew on the 5th July 2016 at 4pm. They are now available to view in the Pending Loans section on the platform."
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treeman
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Post by treeman on Jul 5, 2016 16:39:43 GMT
Afternoon, We are just in the process of finalising a debenture facility with this borrower's company (which will replace these individual loans). I am hopeful to have this complete within the next day or two, however if it is likely to take longer then we will be renewing these loans for a few days to give us a bit more time. Regards, Ed MoneyThing - Any further update on these, Ed ? (assuming all 5 due tomorrow will roll-over/carry on). Does the same apply to MTAC322 ? (Due 12/7)
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Post by MoneyThing on Jul 5, 2016 19:36:09 GMT
Afternoon, We are just in the process of finalising a debenture facility with this borrower's company (which will replace these individual loans). I am hopeful to have this complete within the next day or two, however if it is likely to take longer then we will be renewing these loans for a few days to give us a bit more time. Regards, Ed MoneyThing - Any further update on these, Ed ? (assuming all 5 due tomorrow will roll-over/carry on). Does the same apply to MTAC322 ? (Due 12/7) Evening, These loans will be renewing for a further month in order to allow some extra time to get the new facility in place. Apologies that this is a little late on in the day, however I am just in the process of creating the renewal loans now to launch on Pending later this evening. Regards, Ed
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treeman
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Post by treeman on Aug 4, 2016 9:37:28 GMT
MoneyThing - Any further update on these, Ed ? (assuming all 5 due tomorrow will roll-over/carry on). Does the same apply to MTAC322 ? (Due 12/7) Evening, These loans will be renewing for a further month in order to allow some extra time to get the new facility in place. Apologies that this is a little late on in the day, however I am just in the process of creating the renewal loans now to launch on Pending later this evening. Regards, Ed MoneyThing Hi Ed, any further updates on these loans ?
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archie
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Post by archie on Aug 5, 2016 8:57:07 GMT
These loans are due to expire tomorrow, nothing on 'Pending' yet.
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oldgrumpy
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Post by oldgrumpy on Aug 5, 2016 9:16:05 GMT
Strange that they appear on the completed loans list for 6 July, the loan page says "repaid" and no mention of the month extension there.
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archie
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Post by archie on Aug 5, 2016 9:25:34 GMT
Strange that they appear on the completed loans list for 6 July, the loan page says "repaid" and no mention of the month extension there. They are now MTAC469-473.
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oldgrumpy
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Post by oldgrumpy on Aug 5, 2016 9:26:36 GMT
Oh. Ta!
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