debaura
Member of DD Central
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Post by debaura on Sept 30, 2017 10:46:26 GMT
Another loan runneth over. Hmm.
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ben
Posts: 2,020
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Post by ben on Sept 30, 2017 20:20:41 GMT
Not a loan I invested in but I would not be overly concerned, loans over run fairly often, the main issue is how they are dealt with and if the borrower carries on paying interest. On a properly valuated property an over run is not a great issue.
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debaura
Member of DD Central
Posts: 277
Likes: 318
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Post by debaura on Oct 7, 2017 10:16:51 GMT
Not a loan I invested in but I would not be overly concerned, loans over run fairly often, the main issue is how they are dealt with and if the borrower carries on paying interest. On a properly valuated property an over run is not a great issue. Yes thanks you are correct. It comes after several unsavoury defaults at ThinCats and MS.
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ben
Posts: 2,020
Likes: 589
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Post by ben on Oct 7, 2017 12:50:44 GMT
Not a loan I invested in but I would not be overly concerned, loans over run fairly often, the main issue is how they are dealt with and if the borrower carries on paying interest. On a properly valuated property an over run is not a great issue. Yes thanks you are correct. It comes after several unsavoury defaults at ThinCats and MS. I don't bother with TC but to be fair to the MT on the recent defaults it is unclear how much they actually knew Obviously not looked into every loan on LI but on all the ones I have looked into the borrowers have been average people, rather then the Lendy/FS models of standing outside the prison gates waving loan application forms.
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debaura
Member of DD Central
Posts: 277
Likes: 318
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Post by debaura on Oct 13, 2017 20:07:38 GMT
You're absolutely right.
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Post by captainconfident on Dec 16, 2017 11:32:01 GMT
Yes thanks you are correct. It comes after several unsavoury defaults at ThinCats and MS. I don't bother with TC but to be fair to the MT on the recent defaults it is unclear how much they actually knew Obviously not looked into every loan on LI but on all the ones I have looked into the borrowers have been average people, rather then the Lendy/FS models of standing outside the prison gates waving loan application forms. I nominate this as p2pindependentforum Post of the Year.
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Post by penguin on Mar 6, 2018 18:28:54 GMT
Just repaid
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