archie
Posts: 1,838
Likes: 1,842
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Post by archie on Sept 10, 2018 17:15:15 GMT
Stocks and Shares.
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stokeloans
Member of DD Central
Posts: 400
Likes: 484
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Post by stokeloans on Sept 10, 2018 17:16:02 GMT
Hey!!! Don't you dare talk of stock market drops, S&S is the only thing propping up my P2P investments!!! What's s&s? It's a bit like s&m....... isn't it 😉
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cwah
Member of DD Central
Posts: 949
Likes: 468
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Post by cwah on Sept 10, 2018 17:17:48 GMT
Thank you. I thought it was a type of fund like the S&P500
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SteveT
Member of DD Central
Posts: 6,873
Likes: 7,918
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Post by SteveT on Sept 10, 2018 17:34:02 GMT
It's a bit like s&m....... isn't it 😉 In that it hurts once everything drops?
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goofy115
Member of DD Central
Posts: 77
Likes: 69
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Post by goofy115 on Sept 10, 2018 17:37:12 GMT
‘The Administrator is still pursuing additional recoveries with respect to funds paid out of the company prior to administration, which were not for legitimate business purposes. ‘
Interesting addition in the latest update.Make of that what you will.
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debaura
Member of DD Central
Posts: 277
Likes: 318
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Post by debaura on Sept 10, 2018 18:24:58 GMT
The Administrator is still pursuing additional recoveries with respect to funds paid out of the company prior to administration, which were not for legitimate business purposes.
So I the borrower has helped themselves to some of our cash. I am reading this correctly?!!
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james21
Member of DD Central
Posts: 651
Likes: 669
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Post by james21 on Sept 10, 2018 18:35:27 GMT
I am not in this loan but still get emails about all loans that irritate me and invade my privacy. I only want emails from this bunch of ******* concerning loans I am in
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Carter
Member of DD Central
Posts: 250
Likes: 549
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Post by Carter on Sept 10, 2018 18:40:13 GMT
The Administrator is still pursuing additional recoveries with respect to funds paid out of the company prior to administration, which were not for legitimate business purposes.So I the borrower has helped themselves to some of our cash. I am reading this correctly?!! This info was already disclosed by the administrator. Previous updates suggest a potential recovery of £0-£100k, so presume borrower relocated £100k out of the business which the administrator is pursuing.
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GeorgeT
Member of DD Central
Posts: 1,321
Likes: 1,575
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Post by GeorgeT on Sept 10, 2018 20:30:22 GMT
The money is now in our accounts.
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averageguy
Member of DD Central
Posts: 1,165
Likes: 841
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Post by averageguy on Sept 10, 2018 21:08:12 GMT
I am not in this loan but still get emails about all loans that irritate me and invade my privacy. I only want emails from this bunch of ******* concerning loans I am in Third world problems ...life eh
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Gruff
Posts: 63
Likes: 68
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Post by Gruff on Sept 10, 2018 21:51:18 GMT
I am not in this loan but still get emails about all loans that irritate me and invade my privacy. I only want emails from this bunch of ******* concerning loans I am in Third world problems ...life eh I’m only interested in reading comments that are relevant to the loans that I’m in.
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debaura
Member of DD Central
Posts: 277
Likes: 318
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Post by debaura on Sept 10, 2018 22:01:06 GMT
Well done MT. I am nearly back to my 2016 optimacy about the platform.
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woodie
Member of DD Central
Posts: 120
Likes: 78
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Post by woodie on Sept 10, 2018 22:43:43 GMT
This is the area that I believe p2p platforms will either fail or survive ... management of defaults.
Well done MT.
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archie
Posts: 1,838
Likes: 1,842
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Post by archie on Sept 11, 2018 6:15:15 GMT
I’m only interested in reading comments that are relevant to the loans that I’m in. To read the comment you would have to login. An email telling you there's an update is hardly an inconvenience. Platforms that are open about defaults and recoveries progress are a good thing.
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rick24
Member of DD Central
Posts: 244
Likes: 138
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Post by rick24 on Sept 11, 2018 11:20:19 GMT
Money returned. Thank you MT.
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