spyrogyra
Member of DD Central
Posts: 386
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Post by spyrogyra on Nov 27, 2017 21:38:31 GMT
Expected end 09/11/2017. No updates 18 days after the due date. Why?
Possible answers from FS:
We are expecting..... The borrower is working hard..... Full update expected soon....
Ok, we know the repertoire. But why 18 days after due date there's not even a sentence like one of the above?
The honest answers:
- we got too much on our hands - it looks like another one of those turning sour - relax, we won't get paid if we do nothing and after all, it's only money (yours!)
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Post by mrclondon on Nov 27, 2017 22:54:00 GMT
Now form an orderly queue, please The borrower has at least three overdue loans, the oldest of which matured on 6th Sept, and has thus far paid part of the renewal interest "as a sign of good faith" 2026099394 1832034953 2226199816
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adrian77
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Post by adrian77 on Nov 28, 2017 9:52:36 GMT
I am in this loan. Only thing IMO is delete the damn thing TODAY! Otherwise all I can see is debts and problems rising. If FS act quickly then there should be a good recovery rate.....
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Post by angrykittens on Nov 29, 2017 8:07:51 GMT
I spoke to FS via Livechat yesterday and they said the loan was in the process of being renewed, they were "going through legals" So guess that's it we can all sleep easy on this one guys and girls. Edit: Loan is renewing tomorrow with an increase in borrowing to cover the interest. Perfect time for an exit I think!
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spyrogyra
Member of DD Central
Posts: 386
Likes: 148
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Post by spyrogyra on Dec 3, 2017 6:55:24 GMT
Cynical as one can be, could it be a case of pulling this one out and on top of the others on someone's desk?
If so, I have a fresh one for Mon morning:
Birmingham Land - Renewal (1520718085)
12/11/2017
To be renewed
19/11/2017
Funds awaited
26/11/2017
Borrower (The borrower?) is out of the Country until midweek - at which time he will arrange funds to renew the loan.
Einstein mantra about the power of compound interest is thrown out of the window due to dusty files on FS desk.
Midweek is over. It looks like the borrower is still not aware that before going abroad he could have put on a piece of paper some codes from his pinsetry and pay whenever he finds 5 min of free time irrelevantly of his location. Needless to say, the explanation is appalling.
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spyrogyra
Member of DD Central
Posts: 386
Likes: 148
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Post by spyrogyra on Dec 6, 2017 13:52:09 GMT
03/12/2017 Renewal due this week
Wrong. Repayment or renewal WAS due on 6/11 (a month ago).
Not pis...g lenders CORRECT would be something of the sort:
Borrower promised to send funds. According to our t&c s failure to do so will result in......
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