coop
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Post by coop on Jun 20, 2019 9:07:27 GMT
My guess is realistically probably all of them
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ganymede
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Post by ganymede on Aug 28, 2019 7:09:52 GMT
MoneyThing have moved into Completed Loans, automatic process on reaching end date. Question is which way will it jump, back to loans with an extension, or into defaults or actual repayment.
One to keep an eye on today.
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withnell
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Post by withnell on Aug 28, 2019 8:52:46 GMT
MoneyThing have moved into Completed Loans, automatic process on reaching end date. Question is which way will it jump, back to loans with an extension, or into defaults or actual repayment.
One to keep an eye on today. Highly unlikely to go default, especially as the interest is being paid each month!
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Post by ladywhitenap on Sept 30, 2019 10:38:33 GMT
I see the end date has moved from today (30th) to Wednesday (2nd) MoneyThing Is this on the basis of some evidence of progress or best guess? Thanks LW
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mrk
Posts: 807
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Post by mrk on Sept 30, 2019 13:52:57 GMT
I see the end date has moved from today (30th) to Wednesday (2nd) I would like to see an update every time the end date is changed. How do we keep track of changes otherwise? Every time I log in I see a bunch of my loans due to expire in 1 or 2 weeks... those dates are becoming meaningless.
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Post by ladywhitenap on Sept 30, 2019 14:40:28 GMT
I see the end date has moved from today (30th) to Wednesday (2nd) I would like to see an update every time the end date is changed. How do we keep track of changes otherwise? Every time I log in I see a bunch of my loans due to expire in 1 or 2 weeks... those dates are becoming meaningless. I must admit that I dread seeing a loan end date moved to a saturday. Even with MT's extended working hours it is exceptionally rare for a loan to payback over a weekend. I interpret saurday completions as just being the day when the can next comes to rest after being kicked LW
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hazellend
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Post by hazellend on Sept 30, 2019 15:22:32 GMT
MoneyThing have moved into Completed Loans, automatic process on reaching end date. Question is which way will it jump, back to loans with an extension, or into defaults or actual repayment.
One to keep an eye on today. Highly unlikely to go default, especially as the interest is being paid each month! Liverpool loan was paid every month for almost 2 years so hopefully same can be said
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corto
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one-syllabistic
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Post by corto on Oct 1, 2019 13:26:51 GMT
update on site: no contact with borrower
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coop
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Post by coop on Oct 1, 2019 13:28:35 GMT
update on site: no contact with borrower ah man... I have a substantial amount in this one, might have to take the 3% hit
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Post by spareafewcoppersguv on Oct 1, 2019 16:26:07 GMT
Sounds like another one going down the pan!!!¬
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upperdeane
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Post by upperdeane on Oct 1, 2019 17:17:28 GMT
update on site: no contact with borrower ah man... I have a substantial amount in this one, might have to take the 3% hit Already several k up for sale at 96% on site
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upperdeane
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Post by upperdeane on Oct 1, 2019 17:29:53 GMT
ah man... I have a substantial amount in this one, might have to take the 3% hit Already several k up for sale at 96% on site Loan parts up for sale at 95% on site now
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rocky1
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Post by rocky1 on Oct 1, 2019 18:22:05 GMT
where do all these borrowers vanish to.every platform i am with have come up with this now classic,here we go again update.we have been unable to contact the borrower.do they go into hiding or go abroad on a fake passport or something.or does it mean they are not answering their phone or responding to emails.really had enough of this p2p carry on.
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Oct 1, 2019 19:51:11 GMT
where do all these borrowers vanish to.every platform i am with have come up with this now classic,here we go again update.we have been unable to contact the borrower.do they go into hiding or go abroad on a fake passport or something.or does it mean they are not answering their phone or responding to emails.really had enough of this p2p carry on. Most Platforms don't have Skin In The Game, not their money at Risk. I'd wager Borrowers would be gotten hold of and dealt with VERY swiftly if it was otherwise. One of the many imbalances in P2P where Platform interests are not aligned with Lenders, hence you get shafted. Meanwhile, the FCA slumbers on, but never fear, they're protecting you. This is not a direct comment on MoneyThing.
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Post by Badly Drawn Stickman on Oct 1, 2019 20:21:14 GMT
where do all these borrowers vanish to.every platform i am with have come up with this now classic,here we go again update.we have been unable to contact the borrower.do they go into hiding or go abroad on a fake passport or something.or does it mean they are not answering their phone or responding to emails.really had enough of this p2p carry on. Most Platforms don't have Skin In The Game, not their money at Risk. I'd wager Borrowers would be gotten hold of and dealt with VERY swiftly if it was otherwise. One of the many imbalances in P2P where Platform interests are not aligned with Lenders, hence you get shafted. Meanwhile, the FCA slumbers on, but never fear, they're protecting you. This is not a direct comment on MoneyThing. Quite right. Borrowers should be made to wear ankle tags, like paroled criminals for the duration of the loan so they can be easily located. Then again given the interest was paid on the 22nd of last month and the asset seems to be easily found, are we maybe overreacting just a touch? I blame MT for dishing out unsolicited updates.
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