adrianc
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Post by adrianc on Nov 16, 2016 22:28:47 GMT
And this month's is going to be on the 17th, instead of the 12th, instead of the 2nd. And the payment timeline still shows as all green "on time". It's gone red now. Edit: And it's been suspended on the SM until paid.
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Post by laidbackgjr on Nov 17, 2016 16:28:59 GMT
Latest loan comment.
The loan part sales for this borrower have been suspended until we receive this month's repayment. We're in contact with the borrower who has advised us that they will the payment as soon as possible
Hopefully it's just a continuation of cash flow issues - which whilst not great only 6 more payments to go - will this loan make it to the end?
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TheDriver
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Slightly bonkers
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Post by TheDriver on Nov 21, 2016 7:54:27 GMT
and three minutes later it was gone - is that a record?
and a couple of hours later it went red. I don't class that as a success because I've just passed the problem on to someone else, but it shows that many people don't actually look at what they're buying; after earlier total buy-up that day they probably just picked it on rarity value as it was the only one listed. However, it was promised to pay the next day, (I had only bought it a few days previously to prove to myself the anomaly in the "Your Existing Investments" figure on the LE) and after last month's shenanegins I fully expected that to happen.
- so, sorry whoever you are, (probably not on here) but treat it as a cheap lesson in DD. Hopefully it will come thru soon, and make it to the end.
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Post by lionelrichtea on Nov 21, 2016 13:53:54 GMT
Latest loan comment. The loan part sales for this borrower have been suspended until we receive this month's repayment. We're in contact with the borrower who has advised us that they will the payment as soon as possible Hopefully it's just a continuation of cash flow issues - which whilst not great only 6 more payments to go - will this loan make it to the end? A new comment from today: The director has confirmed today that the payment should be made by Wednesday morning at the latest. They have been impacted by the changes to the Rupees in India where they have several contracts.
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adrianc
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Post by adrianc on Nov 21, 2016 16:17:55 GMT
They have been impacted by the changes to the Rupees in India where they have several contracts. A handy excuse, if not a terribly convincing one for a software company.
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Post by lionelrichtea on Nov 21, 2016 21:39:39 GMT
They have been impacted by the changes to the Rupees in India where they have several contracts. A handy excuse, if not a terribly convincing one for a software company. Yes, I'm not too confident in this company being flush with cash considering the £15k salary they are offering for a research assistant with a Masters in software engineering.
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TheDriver
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Slightly bonkers
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Post by TheDriver on Nov 22, 2016 5:27:43 GMT
The director has confirmed today that the payment should be made by Wednesday morning at the latest. i]
WRONG LC; the director may be HOPING, INTENDING, CONFIDENT OF, PROMISING etc to pay then, but it SHOULD have been paid last Monday!
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ablender
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Post by ablender on Nov 23, 2016 8:05:20 GMT
They have been impacted by the changes to the Rupees in India where they have several contracts. A handy excuse, if not a terribly convincing one for a software company. Do they outsource their work to an company in India? I know that there are many software companies with connections in that country.
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adrianc
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Post by adrianc on Nov 23, 2016 8:11:48 GMT
A handy excuse, if not a terribly convincing one for a software company. Do they outsource their work to an company in India? I know that there are many software companies with connections in that country. They very likely do. But I doubt that contract is heavily cash-based. It's entirely possible that most of the Indian staff had a skive the other day to go and stand in a queue, but that shouldn't affect their ability to pay a bill in the UK within days...
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Post by laidbackgjr on Nov 23, 2016 9:36:49 GMT
Paid up this morning - I'm pretty confident that this loan will end up being paid up - but suspect there maybe more late payments before the end!
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