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Post by dodgeydave on May 11, 2017 2:55:53 GMT
The latest website comedy is the security offered on the golfers loan. Guy going through a divorce. None of his assets can be guaranteed to be available in the event of a bad debt, sorry, I forgot the redefinition by danraj , default. As for all asset debenture - no assets exist. A single contract with a ruthlessly run by a company that could terminate at will. How desperate can a platform get? And they have the cheek to classify such rubbish as a b class loan. stub8535 I do think you are missing the point. Its what Rebs call Transparency. So when you receive your much mentioned 30% of a recovered defaulted/Bad debt loan . Less recovery costs. And you get paid exactly nothing. You cant say you were not warned. I would like to know how an exwife / ex director gets a unexpected tax bill of 52k
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stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
Posts: 1,442
Likes: 945
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Post by stub8535 on May 11, 2017 6:04:43 GMT
Ah! dodgeydave could it be that the words used were not meant in their commonly understood parlance, rather we need to interpret what it means according to rebsspeak. Gonnamakeamint, think I may call it a dictionary and write it in English English as opposed to US or RSA English. Its great you predict breakeven on this one. 😊Better than most of the £2 million+ that are at varying stages of distress openly displayed for all to read in the wonderful statistics pages.☠👎 Of course, these must meet the FCA level of clear communication as Rebs tell eberyone in a recent communication. Guess the kings new clothes still look fine to the dellusional and the sycophants and it needs a child to point out his lack of clothing.🕺
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Post by dodgeydave on Jun 13, 2017 1:51:51 GMT
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Post by es2013david on Jun 16, 2017 9:57:42 GMT
Hi Dodgeydave, The number of Registered Users is dropping, it was down from your 7793 to 7777 and is now back to just 7784!
Or...is this another statistic we believe at our peril?
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Post by dodgeydave on Jun 17, 2017 1:33:34 GMT
es2013davidToday the number of registered investor's has risen to 7788. Registered users do not prove anything. How many of them are actually investors . Or are just dormant accounts like mine. Awaiting a final payment from one borrower , who will soon be at 90 days overdue on a restructured loan. Or waiting for funds to be returned from defaulted/ Bad debt loans . The stats page has been wrong all week with average net returns at zero. You would like to think this would be an accurate figure .
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