|
Post by Ace on Feb 1, 2022 19:04:15 GMT
Interest payments have been made for the Grouped Assets loans.
|
|
|
Post by Badly Drawn Stickman on Feb 1, 2022 19:35:39 GMT
Interest payments have been made for the Grouped Assets loans. In my case, and I suspect I am not alone the interest is no longer enough to trigger a withdrawal. So whilst it's nice it is there it is mostly mocking me. Hopefully the Scaly animal will ride to the rescue on the 9th.
|
|
ptr120
Member of DD Central
Posts: 1,197
Likes: 1,346
|
Post by ptr120 on Feb 1, 2022 21:19:49 GMT
My last bit in the porn loans is due to pay back in December this year. My last bite in the scaly animal loan? Not until spring 2024, which is after administration is currently due to end, so I'm not optimistic that I'll see the capital back on that loan. Depending on how the current court case goes (and given that it the last loans in the book due to mature) I suspect that there is a high chance that they will soon start to retain interest payments to fund the running costs of the platform.
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 10,850
Likes: 11,078
|
Post by ilmoro on Feb 1, 2022 23:10:51 GMT
My last bit in the porn loans is due to pay back in December this year. My last bite in the scaly animal loan? Not until spring 2024, which is after administration is currently due to end, so I'm not optimistic that I'll see the capital back on that loan. Depending on how the current court case goes (and given that it the last loans in the book due to mature) I suspect that there is a high chance that they will soon start to retain interest payments to fund the running costs of the platform. The Court case doesnt relate to performing loans. Currently there is nothing that permits them to retain funds on performing loans and the outcome of the case will not change this.. NB The ticking loan is not performing, in default and therefore MT are incurring 'enforcement costs' - hence they are able to retain funds to potentially cover these if the loan goes into recovery (pending the outcome of the Court case)
|
|
|
Post by df on Feb 2, 2022 19:43:37 GMT
Interest payments have been made for the Grouped Assets loans. In my case, and I suspect I am not alone the interest is no longer enough to trigger a withdrawal. So whilst it's nice it is there it is mostly mocking me. Hopefully the Scaly animal will ride to the rescue on the 9th. The same here. I've only got 1 jewellery and the animal who are paying interest, very little slices in both, so it takes very long time to build up to a tenner.
|
|
|
Post by Badly Drawn Stickman on Mar 1, 2022 14:50:12 GMT
Loans due to repay today have now done so.
|
|
jester
Member of DD Central
Posts: 161
Likes: 203
|
Post by jester on Mar 1, 2022 21:51:36 GMT
Loans due to repay today have now done so. Thanks, pleasant to see some cash available for withdrawal as I held these ..... I need 33% return on what I've got left to break even .... slim chance!
|
|
|
Post by Badly Drawn Stickman on Jun 2, 2022 8:29:19 GMT
A couple of these repaid yesterday and another is pencilled in for a slightly delayed payment.
I have mixed feelings, obviously pleased they have repaid, but will miss the interest nibbling away at the difference between breaking even and making a loss.
I need to reacquaint myself with where we were, but presumably some of the meagre returns held up by the court case should be payable soon?
|
|
r1200gs
Member of DD Central
Posts: 1,336
Likes: 1,883
|
Post by r1200gs on Jun 8, 2022 10:37:42 GMT
A couple of these repaid yesterday and another is pencilled in for a slightly delayed payment. I have mixed feelings, obviously pleased they have repaid, but will miss the interest nibbling away at the difference between breaking even and making a loss. I need to reacquaint myself with where we were, but presumably some of the meagre returns held up by the court case should be payable soon? I hadn't realised returns were being held up by a court case. If so that means all three of my platforms are hanging on to returns due to court cases, just lovely.
|
|
|
Post by Badly Drawn Stickman on Jun 8, 2022 11:52:06 GMT
A couple of these repaid yesterday and another is pencilled in for a slightly delayed payment. I have mixed feelings, obviously pleased they have repaid, but will miss the interest nibbling away at the difference between breaking even and making a loss. I need to reacquaint myself with where we were, but presumably some of the meagre returns held up by the court case should be payable soon? I hadn't realised returns were being held up by a court case. If so that means all three of my platforms are hanging on to returns due to court cases, just lovely. Fortunately the case itself is finished as far as I am aware, just seems to be needing agreement on how much of our money will fit in the admistrators pockets. I am sure I will be corrected if I am wrong...
|
|
ganymede
Member of DD Central
Posts: 299
Likes: 207
|
Post by ganymede on Sept 6, 2022 13:35:43 GMT
I spy with my little eye, a non zero balance increase above the withdrawal limit.
A slightly delayed repayment of CSP865 Loan today, when I looked in on my MT account, was due repayment on 1st, moved to 9th, but repaid today the 6th.
Withdrawal immediately submitted. Not sure when it will be processed.
|
|
|
Post by brummiefred on Dec 1, 2022 17:57:17 GMT
01/12/2022
Loans CSP866 (£35,000), CSP980 (£17,500) & CSP886 (£11,500), the last remaining loans with Cash Shop, were due to be repaid today (1st). There will be a slight delay and these three loans are expected to be repaid by the end of next week.
Meanwhile the monthly interest has been received and this will be credited to lenders in the morning.
|
|
ganymede
Member of DD Central
Posts: 299
Likes: 207
|
Post by ganymede on Dec 2, 2022 10:48:26 GMT
01/12/2022 Loans CSP866 (£35,000), CSP980 (£17,500) & CSP886 (£11,500), the last remaining loans with Cash Shop, were due to be repaid today (1st). There will be a slight delay and these three loans are expected to be repaid by the end of next week. Meanwhile the monthly interest has been received and this will be credited to lenders in the morning. Look at account this morning and the interest is there, just too small an amount to make a withdrawal, will have to wait until loans repaid and make the withdrawal then.
|
|
|
Post by Ace on Dec 7, 2022 17:46:39 GMT
01/12/2022 Loans CSP866 (£35,000), CSP980 (£17,500) & CSP886 (£11,500), the last remaining loans with Cash Shop, were due to be repaid today (1st). There will be a slight delay and these three loans are expected to be repaid by the end of next week. Meanwhile the monthly interest has been received and this will be credited to lenders in the morning. Look at account this morning and the interest is there, just too small an amount to make a withdrawal, will have to wait until loans repaid and make the withdrawal then. Some of these have now repaid.
|
|
investibod
Member of DD Central
Posts: 288
Likes: 152
|
Post by investibod on Dec 7, 2022 19:44:42 GMT
These were my only loans not in default and have now repaid.
Not holding my breath about getting anything more from MT in the near future.
|
|