guff
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Kuflink (KUF)
Kuflink
Apr 12, 2018 13:16:24 GMT
Liz and Ace like this
Post by guff on Apr 12, 2018 13:16:24 GMT
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guff
Posts: 730
Likes: 707
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Kuflink (KUF)
Kuflink
Apr 12, 2018 12:26:41 GMT
Post by guff on Apr 12, 2018 12:26:41 GMT
Hello Paul, You can refer a friend, they will have to make a minimum investment of £200 before midnight on 12/04/2018 to ensure you are both eligible for the cashback! However, you not be paid cashback until 14-21 days after your friends investment! Olivia Kuflink rep, Would it be best to phone you up, as i don't seem to be getting an answer ? Paul
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guff
Posts: 730
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Post by guff on Apr 11, 2018 22:25:46 GMT
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guff
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Post by guff on Apr 11, 2018 16:10:31 GMT
Well if the FCA get their way she can forget about all this mess ... If only the same were true for the humble investor.. If only there was some official word from the FCA for the humble investors about what is happening with the court case and why.
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guff
Posts: 730
Likes: 707
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Post by guff on Apr 10, 2018 21:29:49 GMT
Every sympathy for her, but does Jessica get sick pay?† And if so, who pays it?†
† These are rhetorical questions and do not require dozens of people asking her the same question by e-mail, as we probably know who will end up paying for answering them all.
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guff
Posts: 730
Likes: 707
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Post by guff on Apr 10, 2018 21:26:05 GMT
I'm as cynical as ever, but be careful when uncovering 'new' photos from J*****V*****R**** as a lot are historical.
Like the one on Instagram at Lake Como uploaded on 31st March which is several years old and the one of a newly painted white hull being loaded onto a plane uploaded 3 days ago which, judging by the van parked alongside, is probably the white one being shipped from the manufacturer.
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guff
Posts: 730
Likes: 707
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Post by guff on Apr 10, 2018 13:50:23 GMT
Sorry Chris- I just felt like being silly after coming home from the dentist
Have you given up on the postal practice oldgrumpy ?
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guff
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Likes: 707
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Post by guff on Apr 9, 2018 13:16:57 GMT
One... Hundred.... PAGES!...
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guff
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Likes: 707
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Post by guff on Apr 8, 2018 17:58:04 GMT
I think it is called humor? Maybe in America! Get you…
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guff
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Likes: 707
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Post by guff on Apr 5, 2018 19:21:47 GMT
Sorry not sure what is allowable to post, but seems RR do not know seem to know where these funds are. I think it's probably ok to expand on this a little (I'm happy to remove if the mods think otherwise). I gather that RR is giving quite frank and honest responses to certain questions posed to them. Including speculating that investor money from one of the loans that has not drawn down might possibly instead have been loaned against one of the other assets. That's a rather fundamental misunderstanding of the business model - at least I hope it is! It does appear from what I have read that they've looked at the total money lent vs. total security held and not yet performed a reconciliation on a loan by loan basis, which is equally concerning. If that is so, then it is very concerning. Also of concern (to me) is, who is the arbiter of which information is made available to the wider investor base and when, as well as which information is kept within ddc and why.
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guff
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Post by guff on Apr 5, 2018 17:15:10 GMT
I reckon that when we have moved forward another 96 pages we will not be any further forward.😡 There'll be a lot more people in DDC though.
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guff
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Post by guff on Apr 5, 2018 16:45:58 GMT
That's not how I see this at all. IF (deliberate caps, it's an important IF) COL were carrying out business which should have been regulated, when they clearly had no authorisation to do so, then I don't see the FCA's action as "showing their teeth" but rather them doing precisely what they should be doing. Whether they should have moved more quickly is another matter, although with COL being a small player it wouldn't be unreasonable for it to take a while to get to the top of the FCA's intray. If we can get passes for making "newbie mistakes" then how would you like to sign up for a little minor brain surgery with me (I've watched some really good YouTube videos, honest!)? I think COL's attempts at pretending to have some sort of interim authorisation, or that they were applying for authorisation when in fact they had none to be wholly unacceptable and I have very little sympathy with the directors. Sure, they can keep whatever is left, if anything, after the mess has been sorted out but they are right at the back of the queue. And I don't think there is much of a future for them in P2P or anything remotely related. I get your point and probably you are right but forcing a platform into administration instead of giving them an interim permission ( I don´t know whether that would have been possible) at least as long as it takes to run down the loanbook (without issueing new loans of course), is only the second best option in my view... Not possible: www.fca.org.uk/firms/interim-permission-consumer-credit
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guff
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Post by guff on Apr 5, 2018 16:25:55 GMT
And before you let them off the hook read the thread on BL00079 on DD Central. Rather difficult for zedi (and others) at the minute.
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guff
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Post by guff on Apr 4, 2018 16:46:26 GMT
From the FCA statement (my bold) So there is no reason for RR to not be paying interest payments to us? Other than they're not authorised to do so.
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guff
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Post by guff on Apr 4, 2018 16:08:58 GMT
It would also have been good if RR had informed us that they had been told that " … the substantive progress of the administration should be paused". Might be the asymmetric nature of going up against an party with very deep pockets and the possibly to sanction infringements. You might start to question what you can and can't do on an unsolicited basis (as opposed to responding to a specific question). The FCA and RR both claim to be acting in the best interests of investors. Nobody should have been too upset about RR knocking out an update e-mail to all investors, even if it cost 10 minutes at £1k per hour.
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