coop
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Post by coop on Oct 16, 2019 13:32:41 GMT
This could go on for ever...
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bulletbill
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Post by bulletbill on Oct 16, 2019 14:54:01 GMT
This could go on for ever... Not unique to MT but when p2p loans go wrong they rarely if ever end quickly or end well.
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marka
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Post by marka on Oct 16, 2019 15:29:24 GMT
This could go on for ever... Not unique to MT but when p2p loans go wrong they rarely if ever end quickly or end well. Rarely end quickly I can certainly agree with, but I wouldn't say they rarely end well.
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Post by mrclondon on Oct 16, 2019 15:57:02 GMT
Not unique to MT but when p2p loans go wrong they rarely if ever end quickly or end well. Rarely end quickly I can certainly agree with, but I wouldn't say they rarely end well. That could be interpreted two ways, but I think it would be unfair to say recoveries never end well.
I think realistically we have to regard an almost complete recovery of capital as representing "ending well" ... and there are a few such examples across the p2p platforms, including two on MT. One of the massively overdue Lendy loans managed a full recovery (S** Building), and even on FS there have been the odd full recovery from what looked liked hopeless situations.
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radar
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Post by radar on Oct 17, 2019 8:59:02 GMT
update on web site
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Post by Badly Drawn Stickman on Oct 17, 2019 9:16:09 GMT
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sj
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Post by sj on Oct 17, 2019 9:42:16 GMT
Hmmm, yeah promising until the next cockup comes along.
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robski
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Post by robski on Oct 17, 2019 10:23:49 GMT
Seem to be approaching the end game now I think
If this fails (although I think the risk is low) then it would appear we would be entering default land
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coop
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Post by coop on Oct 17, 2019 11:14:01 GMT
dunno about you lot but I'm going to need a couple of jars after this one concludes
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Post by ladywhitenap on Oct 17, 2019 12:07:13 GMT
dunno about you lot but I'm going to need a couple of jars after this one concludes Should be in a position to afford them when it does LW
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micky
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Post by micky on Oct 17, 2019 15:40:32 GMT
Update today. Didn't read further up the page as I was so relieved to read the update and share the good news.
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derbyfella
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Post by derbyfella on Oct 20, 2019 12:50:48 GMT
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sj
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Post by sj on Oct 23, 2019 13:56:39 GMT
So, how long do NEX consider to be a "few working days"? It's been 5 of them since the MT update, there's still no update on the NEX website. Grrrr
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averageguy
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Post by averageguy on Oct 25, 2019 19:30:55 GMT
So nothing on the pending applications page despite the last update which suggested there would be within a few working days....well five have passed...are Druces taking the piss?
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upperdeane
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Post by upperdeane on Oct 26, 2019 9:20:44 GMT
So nothing on the pending applications page despite the last update which suggested there would be within a few working days....well five have passed...are Druces taking the piss? For months now it has been constant misleading information, stalling tactics and running down the clock. I hope it will get sorted soon & I suspect that if the bond listing fails for any reason then default may well be be an option. I can only hope that MT are actively validating what they are being told.
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