stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
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Post by stub8535 on Jan 3, 2017 15:38:48 GMT
You may judge the over inflated figures and out of date data used as accurate if you wish. As for the silly excuses we have been presented with, on the website, and in the report, you can believe them or not. It's your choice. I, amongst others, have a healthy dose of cynicism towards the garbage excuses being peddled and FS reaction to each line from the borrower on this loan. This loan needs firm action now, in accordance with the terms of the loan to the borrower, from FS to apply all actions in order to get our money back. I do hope I can get out if it roles over. Do you wish to purchase? “I do hope I can get out if it rolls over” not going to happen this was a roll over, cancelled due to the lack of lenders. See earlier threads dated 23 Sep 2016 Thanks Forward but I chose the spelling of roles for a reason, as in "gone to meet its maker, its deceased, its an ex ....." you get the picture I am sure.
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SteveT
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Post by SteveT on Jan 3, 2017 15:39:07 GMT
Although that was before FS started using underwriter funds to fill larger renewals quickly...
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ablender
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Post by ablender on Jan 3, 2017 18:06:39 GMT
You may judge the over inflated figures and out of date data used as accurate if you wish. As for the silly excuses we have been presented with, on the website, and in the report, you can believe them or not. It's your choice. I, amongst others, have a healthy dose of cynicism towards the garbage excuses being peddled and FS reaction to each line from the borrower on this loan. This loan needs firm action now, in accordance with the terms of the loan to the borrower, from FS to apply all actions in order to get our money back. I do hope I can get out if it roles over. Do you wish to purchase? “I do hope I can get out if it rolls over” not going to happen this was a roll over, cancelled due to the lack of lenders. See earlier threads dated 23 Sep 2016 It is actually a forced roll over. I would have liked to get my interest and get out.
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stevio
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Post by stevio on Jan 3, 2017 19:52:50 GMT
“I do hope I can get out if it rolls over” not going to happen this was a roll over, cancelled due to the lack of lenders. See earlier threads dated 23 Sep 2016 It is actually a forced roll over. I would have liked to get my interest and get out. I think it was questioned else where what might happen if a renewal is not filled - is this what's happened then? What was the reason? Would it have defaulted else?
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ablender
Member of DD Central
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Post by ablender on Jan 3, 2017 20:57:16 GMT
It is actually a forced roll over. I would have liked to get my interest and get out. I think it was questioned else where what might happen if a renewal is not filled - is this what's happened then? What was the reason? Would it have defaulted else? says that the borrower has the money, yet we do not get paid. FS also says that they have the interest for the first 6 months (at least), so why don't they pay us this interest? FS I know that you see these comments. Come out and explain. Your weekly "updates" and refusing to speak to me when I call (always in a meeting or on another call) do not cut it.
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peteuk
Member of DD Central
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Post by peteuk on Jan 10, 2017 14:04:47 GMT
I have just talked to them online because they say they are in daily contact with the lender they seem in no hurry about this loan FS (what's going on with this loan) pretty soon there will be no equity left given the dodgy valuations, or do they know that all ready.loans going over are part of the game I accept that but this one is something else. There are five other platforms that I use, I put the most money where I have most confidence, this is becoming embarrassing so will be moving money out till mngt start to manage
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stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
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Post by stub8535 on Jan 13, 2017 21:45:09 GMT
What a surprise! Comment posted. Payment not received. Decided to give them 2 weeks to repay, or substantially repay loan. Really. Why such leeway for this borrower? Start the paperwork now to default the loan so its ready at the end of your "deadline". More information is needed by lenders than you are giving FS.
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ablender
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Post by ablender on Jan 13, 2017 22:29:00 GMT
FS promises more news on Monday 16th.
Doesn't this sound like a heading for an article in a news paper?
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Forward
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Post by Forward on Jan 18, 2017 12:16:41 GMT
Update 17/01/2017 We have today received positive indications that the borrower's deal will complete this week, which would enable repayment next week Meetings are being held in London tomorrow (Wednesday 18/1) with the two financiers involved in the deal to confirm availability of funds and timing. A limner (Edit Glimmer) of hope  |
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oldgrumpy
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Post by oldgrumpy on Jan 18, 2017 13:08:46 GMT
Update 17/01/2017 We have today received positive indications that the borrower's deal will complete this week, which would enable repayment next week Meetings are being held in London tomorrow (Wednesday 18/1) with the two financiers involved in the deal to confirm availability of funds and timing. A limner of hope Thank you Forward . Welcome and illuminating. (Yes, I did have to look it up!  ) (or are you using a voice to text app with a very wide vocabulary database but poor hearing?)
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Forward
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Post by Forward on Jan 18, 2017 13:19:45 GMT
Update 17/01/2017 We have today received positive indications that the borrower's deal will complete this week, which would enable repayment next week Meetings are being held in London tomorrow (Wednesday 18/1) with the two financiers involved in the deal to confirm availability of funds and timing. A limner of hope Thank you Forward . Welcome and illuminating. (Yes, I did have to look it up! ) (or are you using a voice to text app with a very wide vocabulary database but poor hearing?) Nice one just a typo (still in shock after the update we may receive our capital)
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Post by scores on Jan 18, 2017 13:35:09 GMT
Don't hold your breath...I refuse to believe any of their garbage comments anymore.
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09dolphin
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Post by 09dolphin on Jan 18, 2017 14:02:33 GMT
If it's the same as the Lancaster hotel loan with promised repayment on 9th or 10th January. You can be sure that the promise of payment will be delayed by a minimum 1 week, possibly much more. You'd think that FS would have worked out by now that many investors now believe they over promise and under deliver, specifically the opposite of good customer care. I really would like to would like to know exactly who are their customers?
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Jan 18, 2017 14:32:02 GMT
Ah yes, "The Lancaster Hotel" ......................
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ablender
Member of DD Central
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Post by ablender on Jan 18, 2017 16:10:11 GMT
Update 17/01/2017 We have today received positive indications that the borrower's deal will complete this week, which would enable repayment next week Meetings are being held in London tomorrow (Wednesday 18/1) with the two financiers involved in the deal to confirm availability of funds and timing. A limner (Edit Glimmer) of hope I have seen this update this morning. Allow me to reserve judgement for next week and I will let you know. I have heard the cry "wolf" one too many times.
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