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Post by jevans4949 on Aug 14, 2018 16:43:09 GMT
Keep paying rent to the only winner in this debacle, I can see it being worth even less than zero !!
Much as I don't like the manipulation, I voted B as I reckon its the cheapest option overall.
Well actually that strikes me as a possible glimmer of hope after all and here's why (as mentioned on the other thread - mods ??) : AC are prepared to lend their own funds to pay the rent. Surely they would only do this if they themselves believed there was still some value in the loan ?? So personally I would still vote "yes". Presumably AC would only lend with a(nother) charge against the assets. Where would it rank vis-a-vis us punters? No such thing as a free lunch!
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Post by jevans4949 on Aug 14, 2018 12:11:57 GMT
snowmobile hits the nail on the head. There has been no progress on making use of the leased site, and the borrower is trying to sell the hardware. I imagine that if anyone wanted that land, they would have put in some sort of bid to buy the lease off the borrower already.
I voted B. I only have £100 in this via MLA, which I have written off in my mind some time ago. Sorry about GEIA investors.
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Post by jevans4949 on Jul 31, 2018 20:50:51 GMT
ilmoro: Thanks, that worked - although I still can't shift the nanopence that have been sitting there forever.
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Post by jevans4949 on Jul 31, 2018 19:01:03 GMT
I got 17p.
So long since I paid money in; how do I transfer this into my MLA?
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Post by jevans4949 on Jul 23, 2018 19:57:29 GMT
Still waiting for mine. What's the betting it won't happen before 29th July?
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Post by jevans4949 on Jun 25, 2018 8:44:39 GMT
It would be a useful improvement if Assetz could introduce an amendment to indicate where loans were substantially connected to the same borrower, as in the case of the I** loans. This to include where the "Controlling Mind" behind SPV companies is effectively the same, or where one loan substantially depended on the successful outcome of another. Limits on funds using GBBA-type rules should be with reference to this. This would help prevent what has happened to jcams11 (and others).
Personally, I stick with MLA, and try to avoid the situation in this way.
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Chat
Jokes
May 31, 2018 21:14:13 GMT
Post by jevans4949 on May 31, 2018 21:14:13 GMT
Two electrons are walking down the road when one turns to the other panicking ‘I think I’ve lost an electron!’. ’Are you sure?’ ’I’m positive!!’. I think a less panicked and more considered opinion would conclude that it should be neutral on the matter. Or have ceased to exist, - or at least been converted, possibly to a burst of electro magnetic radiation). It would make more sense if it were 2 atoms floating about in a battery. Or something like that. But I never did O level Physics.
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Post by jevans4949 on May 20, 2018 15:12:03 GMT
- Or even smoke and mirrors!
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Post by jevans4949 on May 19, 2018 14:13:34 GMT
- Hey, do you know a good GDPR consultant?
- Yes
- Can you give me his email address?
- No.
(Thanks to my daughter)
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Post by jevans4949 on May 18, 2018 18:36:34 GMT
Heard it on Sky TV News on Thursday as "Yanny". Heard it on Friday morning on LBC (on DAB radio) as "Laurel".
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Post by jevans4949 on May 12, 2018 14:49:06 GMT
If people keep selling the "good" stuff out of GEA or GBBA1, then only the "bad" ones will be left. However, although the proportion of bad ones will grow, their absolute value will remain the same, so the impact on the Provision Fund(s) will be the same.
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Post by jevans4949 on May 2, 2018 0:08:41 GMT
AIUI, GDPR applies to any organisation providing a service to people in any EU state, even if they are based elsewhere.
However, Data Protection rules apply to the ability to identify a living person. Since we only have an email in our profiles (only made-up username required, no address or phone number, and DOB doesn't require year) would it apply to this forum?
EDIT: in fact I can't see that email forms part of the profile - or am I wrong?
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Post by jevans4949 on Apr 6, 2018 14:37:15 GMT
Great day for the IFISA hamster to go on strike! Never mind, they've got 364 days left to sort it out.
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Post by jevans4949 on Mar 15, 2018 12:14:32 GMT
I chuckled on reading yesterday's update to this sorry default (#86). There can't be many P2P loans out there where the next step in the recovery plan involves waiting for the borrower's release from prison... SteveT - gawd this is an old one that fortunately I managed to get out of before everything hit the fan. Having a peep at the activity, surely this should now be formally defaulted.
I know it will affect the perfect record stats at AC but seems to me as not formally defaulting especially in view of the legal advice received is living in fools paradise.
Suppose there might be hope of him inheriting a wad from his family, but even that seems unlikely.
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Post by jevans4949 on Feb 17, 2018 1:02:03 GMT
Re Housing Association properties: was the Housing Associaion the vendor, or were they houses on ex-council estates? Could have been sold by people who had exercised Right to Buy (or their executors after death).
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