sqh
Member of DD Central
Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
Posts: 1,428 
Likes: 1,212
|
Post by sqh on Jun 2, 2019 15:51:59 GMT
iRobotIt's more confusing because the 2nd tranche of the development facility was increased by £1,500 when it was renewed (9/2/2018). The Supplemental loan was released later (25/5/2018) and effectively increased the development facility from £115,000 to £116,500.
|
|
adrian77
Member of DD Central
Posts: 3,920
Likes: 4,145
|
Post by adrian77 on Jun 2, 2019 16:22:07 GMT
And they was me thinking it was a legal requirement for all loan details to be clear and simple to understand...I am sure our legal friends could feast in this one!
|
|
james21
Member of DD Central
Posts: 651
Likes: 669
|
Post by james21 on Jun 2, 2019 18:32:50 GMT
And they was me thinking it was a legal requirement for all loan details to be clear and simple to understand...I am sure our legal friends could feast in this one! Not where FS are concerned but soon the FCA will apply guidelines to protect the investor that FS will have to conform with, until then its a free for all. Caveat emptor
|
|
iRobot
Member of DD Central
Posts: 1,680
Likes: 2,477
|
Post by iRobot on Jun 2, 2019 19:12:55 GMT
iRobot It's more confusing because the 2nd tranche of the development facility was increased by £1,500 when it was renewed (9/2/2018). The Supplemental loan was released later (25/5/2018) and effectively increased the development facility from £115,000 to £116,500. So it did! Proves the point: devil is in the detail!  And given Tranche 5 (and the supplementary) launched after T2 renewed, fundingsecure made a bit of a dogs breakfast of this one!
|
|
