toffeeboy
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Post by toffeeboy on Mar 2, 2017 18:01:25 GMT
PBL006 just got an extension of six months: remaining term changed from -156 to +27.
EDIT - Blimey, that's resurrected an old thread! Not sure it is an extension of six months, they have been paying monthly interest according to the update two months ago it was just that SS never bothered to update the days because it was 156 days after the repayment date but they kept paying interest so under SS terms this isn't a defaulted loan.
If they pay next months interest at the end of the month then 30 days will be added to the remaining term as the interest has been paid.
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twoheads
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Post by twoheads on Mar 2, 2017 18:15:30 GMT
Not sure it is an extension of six months, they have been paying monthly interest according to the update two months ago it was just that SS never bothered to update the days because it was 156 days after the repayment date but they kept paying interest so under SS terms this isn't a defaulted loan.
If they pay next months interest at the end of the month then 30 days will be added to the remaining term as the interest has been paid.
You may be right but SS did say that they'd updated all loan terms a few weeks ago to reflect the current state of interest payments.
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toffeeboy
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Post by toffeeboy on Mar 2, 2017 18:31:25 GMT
Not sure it is an extension of six months, they have been paying monthly interest according to the update two months ago it was just that SS never bothered to update the days because it was 156 days after the repayment date but they kept paying interest so under SS terms this isn't a defaulted loan.
If they pay next months interest at the end of the month then 30 days will be added to the remaining term as the interest has been paid.
You may be right but SS did say that they'd updated all loan terms a few weeks ago to reflect the current state of interest payments. Ah yes but what SS say and what they actually do is very rarely isn't always the same thing.
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twoheads
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Post by twoheads on Mar 30, 2017 9:25:50 GMT
Back to negative term for this one again and status change from IOA to SBL. (30-March, 07:46).
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twoheads
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Post by twoheads on Apr 7, 2017 8:39:53 GMT
This one just repaid (at 09:34).
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n
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Post by n on Apr 7, 2017 10:08:22 GMT
Is it just me or... I have received the repayment but I also still have the part listed in My Loans, and my total funds has increased by the repayment amount. (All of £1)!
I have emailed support. It will be interesting to see how long they take to respond.
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SteveT
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Post by SteveT on Apr 7, 2017 10:16:12 GMT
This one just repaid (at 09:34). The end of an era  It won't quite be the same without it
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GeorgeT
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Post by GeorgeT on Apr 7, 2017 11:00:47 GMT
Unbelievable.
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Liz
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Post by Liz on Apr 7, 2017 11:55:44 GMT
This one just repaid (at 09:34). What does repaid mean? Must be a new concept 
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SteveT
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Post by SteveT on Apr 7, 2017 16:12:55 GMT
Investor's summary of its launch is a classic. Those were the days: " A few hours in and it has only just reached 25% funded, slowest take-up ever on savingstream with only 127k loaned against it in that time. Looks like a proportion of that has come from other PBL loans being sold on SM and diversified into it, so not new money just a re-cycling exercise. Not sure this one is going to fill without an additional cashback incentive. Maybe too many savvy investors waiting to see what the next move will be"
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It won't quite be the same without it