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Post by sunburyjane on Apr 1, 2017 11:29:17 GMT
The 4th tranche is now 3 months overdue, and the excuses seem to revolve around money the borrower is expecting to win from court cases. Most of the time the borrower is not contactable. I put a bit more than usual into this one as it appeared reasonably sound. I have disposed of loans on other tranches on SM. Am I worrying unduly on this one? There is very little mention of this loan on other threads.
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sb
Posts: 166 
Likes: 118
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Post by sb on Apr 1, 2017 12:37:17 GMT
The 4th tranche is now 3 months overdue, and the excuses seem to revolve around money the borrower is expecting to win from court cases. Most of the time the borrower is not contactable. I put a bit more than usual into this one as it appeared reasonably sound. I have disposed of loans on other tranches on SM. Am I worrying unduly on this one? There is very little mention of this loan on other threads. Of all my overdue loans this one looks to me as the most likely to end up with a loss. The borrower is not cooperative, avoids FS. We don't even know what is the state of the property. As usual FS is handling the situation in a very amatuerish way.
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ali
Member of DD Central
Posts: 313
Likes: 311
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Post by ali on Apr 12, 2017 21:16:49 GMT
We don't even know what is the state of the property. It's not going to be much comfort, but I've posted a photo of the site here.
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