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Post by madmitch on May 4, 2023 16:25:25 GMT
OOOh!...........an update from our dear friends at AC saying that they are going to take even more of our money from us.
Now..........how unexpected is that!!!!!
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Post by madmitch on Dec 15, 2021 16:16:58 GMT
Tbh i cant be bothered working it out. Not lost money(yet) but the return is way less than advertised prob due to the defaults in Gbba 1 and 2. These seem to be taking ages to resolve . Once Zopa cash is back I only have Ac, Lw UB and LP left. Will celebrate the day when I can finally close both AC and Lw, the last 2 years have been a waste of time. The xmas fairy godmother has just granted your LW wish!........
........with caveats, of course.
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Post by madmitch on Apr 20, 2021 14:31:52 GMT
Just decided to resurrect this thread.
I contacted LW CS about 20/21 statements......apparently there has been a 'bug in the software' so there has been a delay. They are hoping to have completed their checking process by the end of next week.
It will be interesting(pun intended!) to see what has actually been earned.
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Post by madmitch on Sept 25, 2020 23:11:10 GMT
The voices in my head were screaming "...B......B......B...", don't let the B...... get away with it!(Again)
However; with AC having very graciously donated four figures of my money into this complete debacle, the pragmatic view has had to prevail.
Can someone remind me - when it said, "...the end of October...", did it actually mention which year? ?
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Post by madmitch on Aug 25, 2020 22:48:26 GMT
...and then press the like button on your own post!
Quite unbelievable.
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Post by madmitch on Jun 2, 2020 22:07:21 GMT
Aaaaah.... The Law of Diminishing Returns.
otherwise known as...'Hotel California'.
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Post by madmitch on May 17, 2020 10:59:10 GMT
Why, why, why, why why, have we gone back to the gobbledegook 2FA code on the landline? ??
The phone gets to your ear in time to here some fella say ".....xxxthousand ?hundred and sixty eight.....". CLICK. Dial Tone. No repeat.
Ask for a repeat code......same garbage.
What happened to the lady with the clearly spoken numerals and the repeat for verification?
I had to register a complaint on the chat service before and now it looks like the same is happening again.
What's going on at AC HQ? Why are we getting all these very fundamental errors?
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Post by madmitch on Apr 23, 2020 14:33:55 GMT
I sent an email off to enquiries@asetzcapital.co.uk complaining about the verbal 2FA code with immediate disconnect when being sent to a landline.
Why can't we have individual numbers like before, with a repeat for verification?
If you don't quite get it first time....tough!
I haven't even received an automated response.
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Loanpad (LP)
Loanpad
Apr 10, 2020 14:33:05 GMT
Post by madmitch on Apr 10, 2020 14:33:05 GMT
Now £313,568.20
If there are no new loans, surely this number will climb substantially?
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Post by madmitch on Mar 27, 2020 15:16:54 GMT
See Lender Update of 1 Oct 2018. Borrower wants to extend their cheap loan for another two years (yes, two years)! Paying bxgger-all interest or capital, and being allowed to substantially reduce the underlying asset value on a daily/weekly/monthly/annual basis cannot be described as ".....cheap....."!
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Post by madmitch on Mar 26, 2020 10:55:28 GMT
Yep have some limit orders set to buy as and when the US & UK markets dip again, of course as soon as I set them the market rallied by 10%...
Can you let me know when you're setting some more limit orders?
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Post by madmitch on Mar 25, 2020 17:05:58 GMT
Well put.
When the sssssh (you know what) really hits the proverbial in the States we may see a significant retracement. The dollar has a massive impact on the world markets. I agree we with you we are likely to witness a classic 'double bottom'. However, in these strange times I would also be exceedingly happy to be wrong!!
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Post by madmitch on Mar 19, 2020 23:43:26 GMT
Like shirehorse and sapphire this crazy system has created a double entry. Schoolboy error. This is such an elementary mistake.
Mind you, if AC are going to give me double what I've requested.................it might just be worth the wait
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Post by madmitch on Feb 15, 2020 0:21:32 GMT
Only 14 days to go.........................
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Post by madmitch on Jan 13, 2020 0:25:16 GMT
It appears that there are quite a few who are on the same wavelength as myself.
davee39 said, "...If the current plans succeed we could receive a 50% return after 12 months, with further returns as remaining assets are sold..."
I wonder if davee39 is a betting man? I would be more than willing to place a tidy sum AND LOSE!
At the top of page 24, cb25 sums up the extensions so far. With this 12 month extension this will make c.3 1/4+ yrs.(Not a typo! Three and a quarter years!) I stand by my previous statement, "...no capital or interest payments actually required!...",.......... just another default.
It will be default No.10, when it is eventually acknowledged by AC sometime early 2021.
If the process of taking control and perhaps returning 50% of our money had been started 18 months ago this thread could now have been dead and buried. As it is, it will now roll on for page after page over the next 2 1/2 yrs minimum, advertising the true state of affairs at AC.
On these forums, wise heads continually implore lenders to do their DD.
It would be crazy not to think that borrowers are doing exactly the same thing............................
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