dermot
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Post by dermot on Mar 23, 2024 11:17:23 GMT
I assume I'm not alone in getting a vote email yesterday for this loan?
I've voted in favour of accepting the offer as it seems the only likely outcome to recover any cash.
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dermot
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Post by dermot on May 18, 2023 15:03:06 GMT
Oh, do we think we'll be lucky and get any more back?
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dermot
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Post by dermot on May 18, 2023 15:01:32 GMT
Just over 25% returned in total so far - a bit under 16% two years ago when the security was sold, another 9.5% now. Considering how this 'un looked in the darkest days, I think we're a chunk ahead of where we expected to be. Ah, OK, I had indeed forgotten (I'll have a look back)! I'd assumed it was dead, given the rather ... odd ... personality involved. Whatever happened to her?
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dermot
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Post by dermot on May 18, 2023 10:21:19 GMT
Another distribution is available to withdraw. In my calculation (could be wrong), we've got 25% back from this loan so far. Huh, I've just received a total of £38.20 out of the £300 I had in this loan. Barely enough for a couple of pints! Unless I've already received a payout so far back in time that I've forgotten about it.
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dermot
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Post by dermot on May 5, 2023 15:44:39 GMT
Just got a chunk of AA payouts today, about 3.5% of my total remaining holdings.
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dermot
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Post by dermot on Apr 28, 2023 18:16:10 GMT
I've just made a £35 donation to this good cause (via 'GoFundMe').
Can I encourage as many people as possible to also make a donation? Alas I lost out when Collateral collapsed. And - by the way - my thanks to Mousey ('Mouse in the Court') for all his continuing good work. I just bunged in some cash too.
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dermot
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Post by dermot on Apr 28, 2023 18:10:09 GMT
Just under 4% for me also. I was 90+% bling, and not a lot of cash. I was mostly in bling and only about 5% received today. I note from todays email that more repayments are due next month. Perhaps that will be bling loans, since today's repayments look like property? Sorting out the tax position on this lot is going to be a nightmare!
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dermot
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Post by dermot on Apr 28, 2023 15:40:31 GMT
The rest is absorbed by BDO fees About 5% for me, I'm mostly (75%+) in bling loans, with a bit of property, how about you?
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dermot
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Post by dermot on Apr 28, 2023 15:37:31 GMT
I have just received £317 out of the blue with no email to at least warn me. I have approx £3800 in there hope Im getting more than that back. Were your loans mostly bling or property, or a mix?
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dermot
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Post by dermot on Apr 28, 2023 15:25:33 GMT
£1,940 to be exact!
Anyone else?
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dermot
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Post by dermot on Mar 30, 2023 13:18:02 GMT
I no longer have the bank account that I originally used for Collateral, so have only been able to give them my current one.
Given that the email says they don't have details of "up to date" details, I don't see how they can tell.
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dermot
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Post by dermot on Mar 3, 2023 15:59:41 GMT
I got out of most (around £40K at peak, so consider myself very lucky) of my Lendy loans (gambles??) several months before the crash, but I still have a few hundred in each of DFL1, DFL2 and DFL17.
Now, I recall that there is nothing ever to be gained from 1 & 2, but I kind of lost track of what was happening with 17 - can someone refresh my memory please?
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dermot
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Post by dermot on Mar 3, 2023 9:26:18 GMT
Any thoughts as to the date capital repayments will start? Autumn, perhaps?
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dermot
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Post by dermot on Mar 1, 2023 17:16:21 GMT
So they upped the 'capped rate' to 4% only then to reduce it down to 3.3% because of their additional fee even though the Q&A suggested that it was unlikely: They've also not provided any support on how that reduction was calculated. If they were to take it from the manual lending account first, then that means those accounts would have also been reduced to 3.3%, unless I'm missing something?! Has anyone raised a complaint? Yes. See this thread p2pindependentforum.com/post/466504/thread. And reduced to 2.4% net this month, see my post below. I've not had any specific notification about the reduction to 2.4%
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dermot
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Post by dermot on Mar 1, 2023 17:12:24 GMT
Just checked my ISA QAA today and I see my net interest rate has fallen to a miserable 2.4% now. One might expect the opposite since the reduction for 1st Feb (covering 15 dec - 31 Jan or 48 days) compares with this last period of 28 days in February. Remember a month's interest [4%] was earned and and month and a bit's fee [1.6mths@ 2.9%] would have to be netted off against that. You can see my puzzlement FYI my 'MLA only' fees for the two periods were Well, all I can say is that I looked at the transaction for this month and it quite clearly states "01/03/2023, 15:03 Interest payment for Quick Access Account for month 2023-02 at 2.4% per annum" I'd be interested to see what you find if you look at your own IFSA QAA transactions. Last month was stated at 3.3%, previous month was 3.8% Pretty clear.
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