kulerucket
Member of DD Central
Posts: 336
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Post by kulerucket on Feb 6, 2017 7:22:53 GMT
I've had 3 defaults so far, 2 of which have been repaid by Twino in full. How well does Twino keep you informed about what is going on with a defaulted loan? I don't see anything where this information might appear in the application. Also how long did it take to recover the defaulted ones?
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Post by saraph on Feb 10, 2017 0:01:06 GMT
I've had 3 defaults so far, 2 of which have been repaid by Twino in full. How well does Twino keep you informed about what is going on with a defaulted loan? I don't see anything where this information might appear in the application. Also how long did it take to recover the defaulted ones? To be honest that's something they should really work on. I keep close tabs on my monthly earnings, so I basically concluded that by looking at numbers. Those two defaulted loans just disappeared from my "defaulted" section and no earnings were lost. It took few weeks at most, but the third one is in default for at least 2 months now.
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kulerucket
Member of DD Central
Posts: 336
Likes: 93
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Post by kulerucket on Feb 10, 2017 8:36:46 GMT
More information would be nice but at least default recovery in a few weeks is a good sign.
Incidentally I started some B's and C's am about 2 months ago (also ~7.5% of portfolio) and I still have 100% Current. There was one that was deplayed a few weeks that I put up for sale, but it evenually paid and was subseqently bought by someone else when it became current again.
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