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Post by eascogo on Feb 7, 2018 16:06:42 GMT
And an ammended (upwards) interest rate? That has been the case in the past. Am I right in thinking that an increased rate applies to defaults, but not extensions?
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Post by eascogo on Feb 7, 2018 17:53:22 GMT
And an ammended (upwards) interest rate? That has been the case in the past. Am I right in thinking that an increased rate applies to defaults, but not extensions? Updated a few minutes ago: "This loan is being extended for three months."
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Post by oktaeder on Feb 8, 2018 8:57:32 GMT
No interests for this loan today so?
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johni
Member of DD Central
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Post by johni on Feb 8, 2018 9:32:25 GMT
Interest was paid on the 2nd as always
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Post by oktaeder on Feb 8, 2018 11:15:41 GMT
Interest was paid on the 2nd as always Thank you. It is not so easy now to keep all this changes in mind.
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Post by ladywhitenap on Aug 6, 2018 11:21:04 GMT
What are the odds on this paying out on Wednesday 8/8/18?
LW
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archie
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Post by archie on Aug 6, 2018 11:23:26 GMT
What are the odds on this paying out on Wednesday 8/8/18? LW 8/8 must be evens.
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elliotn
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Post by elliotn on Aug 7, 2018 17:36:17 GMT
OK what is happening to this loan. Corrected end date is tomorrow, It has a rollover tick box so presumably there is an option not to rollover but whilst there has been talk of extensions there is nothing in the forthcoming loans. So the only conclusion is that it will repay tomorrow? Or default? MoneyThing Can we have some clarity please? LW Nice update. Explains why someone took 10k out of this recently ahead of the deadline. Reminds me of the very rare LsA sales night before it defaulted.
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Post by brummiefred on Aug 10, 2018 8:36:44 GMT
Update to MTAX780
Dear Lender,
50% of the capital has now been repaid on this loan (£392,000), and the lender payments will be processed shortly.
The remaining capital balance of the loan will be listed as MTAX955 which will be viewable once the payments have been processed. This loan is expected to be repaid within the next month.
Please note that trading will be temporarily suspended whilst the platform processes the transactions.
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seb8072
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Post by seb8072 on Aug 10, 2018 8:40:41 GMT
Shouldn't this be MTAX780 or am I missing something very obvious?
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will
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Post by will on Aug 10, 2018 8:44:29 GMT
It was MTAX780 - changed to MTAX955 today when 50% of loan repaid
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Post by MoneyThing on Aug 10, 2018 8:44:43 GMT
Shouldn't this be MTAX780 or am I missing something very obvious? You are correct - MTAX780 is referenced in the heading/title. The remaining balance will show in MTAX955 once we have finished all the partial repayments. Regards, Ed.
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seb8072
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Post by seb8072 on Aug 10, 2018 8:57:49 GMT
My point is the that the thread reference is actually MTAX870
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Post by MoneyThing on Aug 10, 2018 9:00:30 GMT
My point is the that the thread reference is actually MTAX870 Oh yes. Looks like the OP entered the incorrect reference. Regards, Ed.
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archie
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Post by archie on Aug 10, 2018 9:42:39 GMT
You are correct - MTAX780 is referenced in the heading/title. The remaining balance will show in MTAX955 once we have finished all the partial repayments. Regards, Ed. I've edited the thread title - hopefully a little clearer for everyone. Should be 'MTAX955 (previously MTAX780) - Ground rent bridging loan'. The original transposed the 7 and 8.
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