chunkie
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Post by chunkie on Apr 30, 2018 13:56:08 GMT
Not sure they're about to fail but I wonder about their cash flow position. Aggregate repayments for the past six months (at 20 million) are the lowest for almost two years and almost half the average 6-monthly aggregate rate (38.6 million) over the same two years. Also, nonperforming loans (defaults, suspended or overdue) are now running at 45% (expressed as a % of all live + all such non-performing loans).
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chunkie
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Post by chunkie on Apr 10, 2018 12:31:53 GMT
Today's chat: unfortunately none of the items from 2356637233 were sold at the auction. As soon as we have a further update we will be updating the loan
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chunkie
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Post by chunkie on Apr 3, 2018 12:12:43 GMT
Today's chat with Stacie: 08:09:43Stacie Hi Eric, we are still working through the results from the auction as we speak, we will hopefully have this completed today with an update being posted tomorrow. Apologies for the delay.
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chunkie
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Post by chunkie on Mar 28, 2018 13:19:50 GMT
Latest chat: Me: it's now a month since the alleged auction took place still no funds returned to we lenders. What's going on? Evie: Good afternoon, one moment please and I will look into this for you Evie: Thank you for your patience. I can see that we are in the process of working through the proceeds of the auction. Once this is done we can then post an update onto the loan page. You are still accruing interest daily. Me: That makes no sense to me. Surely it's just a matter of entering the details on a simple spreadsheet? Maybe a few hours work at most? Evie: Due to there being an auction, it may have taken a while for the results to come through to us. I have put an update request in for this loan so as soon as we have further information it will be posted onto the loan page.
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chunkie
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Post by chunkie on Mar 27, 2018 18:38:50 GMT
It's now a month since the auction allegedly took place and still no sign of our monies!
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chunkie
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Post by chunkie on Mar 23, 2018 20:58:40 GMT
Interesting to see what drivel they roll out tomorrow They have completely lost the plot Tomorrow came and went without any drivel!
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chunkie
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Post by chunkie on Mar 19, 2018 16:34:43 GMT
Me: Please provide anticipated date for release of auction results for loan 9899194706 Stacie: Hi Eric, one moment and I will take a look Stacie: Apologies for the delay, I was trying to gain full information but unfortunately I do not have the exact dates for the auction. As soon as we have further information we will update the loan but the auction is scheduled for the end of this month Me: The auction was three weeks ago. I want to know when you will publish the result? Stacie: Sorry Eric! We are just waiting on confirmation from the auction and as soon as we have the final figure and the outcome from the auction we will update the loan. I will chase this up with the person in charge of the loan Me: No! I was told a week ago that you already had the results and were analyzing them. I want to know the results of the analysis. Stacie: Yes we do not have the outcome from the analysis yet however as soon as we do we will update the loan page Me: when will that be? It's been over three weeks already. Stacie: We will hopefully have a further update towards the end of this week. I will chase this up with the person in charge of the loan Eric Thx. Bye. Stacie Have a nice day
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chunkie
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Post by chunkie on Mar 9, 2018 14:55:32 GMT
So I asked LiveChat the following "Please commit to a date on which you will publish the results of the auction".
Response: "We are still processing the figures at the moment but once we have completed this the loan pages will be updated". Me: "Are you talking a few days or weeks or months?" Response: "This is all of the information I have at the moment, but I have requested an update be made onto the loan pages as soon as we have some further information" Me: "Can you ask the manager to provide an estimate of when the analysis will be complete? " Response: "We do not have a set time period but an update should be posted on the loan in the week to ten days." Pulling teeth!
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chunkie
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Post by chunkie on Mar 5, 2018 13:16:59 GMT
Maybe an hour's work on a simple spreadsheet?
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chunkie
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Post by chunkie on Mar 5, 2018 12:34:23 GMT
My guess is half our money back. Fortunately I only have a small investment in both loans.
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chunkie
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Post by chunkie on Mar 5, 2018 11:55:29 GMT
Evie (live chat) advises the auction went ahead and net sales proceeds will be advised in due course.
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chunkie
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Post by chunkie on Mar 5, 2018 11:47:57 GMT
Update from live chat "06:41:42Evie Thank you for your patience. I have just spoken to the person managing this loan and they have said that the auction did go ahead and an update should be posted in due course with a net figure of the sale"
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chunkie
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Lendy (L) in Administration
Repaid Loans
Feb 1, 2018 15:27:53 GMT
Post by chunkie on Feb 1, 2018 15:27:53 GMT
I think this is interesting: January repayments at £403,646 were the lowest month for 6 months. Repayments for the 3 months ending 31/01/2018 at £7.9M were the lowest 3 months aggregate for almost 2 years.
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chunkie
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Post by chunkie on Jan 17, 2018 15:35:34 GMT
DFL013 for £2,892,270 is due for repayment (or extension?) today; otherwise it goes out-of-term and combined OOT/DEF/SUS will move to 40.3% of all current loans.
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chunkie
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Post by chunkie on Jan 17, 2018 1:46:54 GMT
Everything I had that I was "allowed" to sell I did so at the maximum 1% discount; it all went in a few hours. All I'm left with are a few out-of-term loans.
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