treeman
Member of DD Central
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Post by treeman on Aug 5, 2016 9:30:05 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. These numbers are completed/repaid - they renew (rollover) as new loan numbers rather than being extended So MTAC317 is now actually (MTAC470) RENEWAL of (MTAC317) *************** etc All these plus 322 (ending 12/08) were rolled into new loans of a 1 month duration ............ talk of a new facility / debenture with the borrower. No details MoneyThing Any news Ed? <EDIT> cross posted with above posters - too slow finger typing
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Post by MoneyThing on Aug 5, 2016 9:58:50 GMT
Morning,
My apologies for the delayed response.
We have just finalised the new facility today and are just drafting up the particulars & email to send out at the moment.
Will revert back shortly.
Kind regards,
Ed
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Post by MoneyThing on Aug 5, 2016 13:40:10 GMT
Morning, My apologies for the delayed response. We have just finalised the new facility today and are just drafting up the particulars & email to send out at the moment. Will revert back shortly. Kind regards, Ed Afternoon, The new consolidated loan is now up on Pending. We have had to make a couple of platform changes to accommodate the consolidating nature of this loan (i.e. many to one loan). As such, to rollover your capital, you will need to go into the Live loan page instead of the Pending loan page in order to locate the original 6 loans and tick the rollover opt-in option from here. This has been done to accommodate lenders who may not choose to rollover all of their original holdings in each loan. Hope this makes sense. Kind regards, Ed
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pom
Member of DD Central
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Post by pom on Aug 5, 2016 14:41:26 GMT
Such a shame I didn't check the board first before wasting Ed's time sending emails asking how to check the renew status
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Post by MoneyThing on Aug 5, 2016 15:29:43 GMT
Such a shame I didn't check the board first before wasting Ed's time sending emails asking how to check the renew status Not at all - I only posted this message following our (and another lenders), correspondence!
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