r1200gs
Member of DD Central
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Post by r1200gs on Jan 12, 2019 14:47:38 GMT
I'm looking at loss on loss on loss, and then salt is rubbed in to the wounds with loans likes this where there is going to be yet another loss (I just looked at the valuations, what was I thinking!) but FS STILL cannot get this completed and closed 44 days after the items were sold and have failed to live up to promises to do so three times!
This outfit are taking the micky in spectacular style and there will be a price to pay, that's for sure.
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Post by sunburyjane on Jan 14, 2019 10:43:20 GMT
Contacted FS yet again. Today's dose of BS included "payment needs to be approved by directors before they can process the loan" I also asked why no updates? The reply was "Waiting for full details before the loan can be updated"
Absolute COWBOYS
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rs
Member of DD Central
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Post by rs on Jan 14, 2019 16:35:56 GMT
FS have finally paid out on this loan. About 75% loss of capital.
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r1200gs
Member of DD Central
Posts: 1,336
Likes: 1,883
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Post by r1200gs on Jan 14, 2019 16:49:10 GMT
How this shower has the gall to call themselves secure is a mystery to me.
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adrian77
Member of DD Central
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Post by adrian77 on Jan 14, 2019 16:51:33 GMT
does anybody actually understand the figures here?
I make this one a 73.45% loss but haven't the time to wade through this one again.
FS are welcome to correct me - I had this one down as 50% loss - league 1 so looks as yet another FS loan has just missed the premier league!
just looked at my mega list - at best the Militaria loan may come good but I doubt it - if it does then the first 9 of my 10 predictions have or will have performed incredibly badly - what does this prove - I am an business genius (wish I was) or FS are clueless - sadly I think the latter...
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gc
Member of DD Central
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Post by gc on Jan 14, 2019 17:09:17 GMT
I am aware that sentiments can run high a little when loans play out like this, but in all fairness, this is happening a little too often for my liking with these guys.
I personally haven't invested in a loan in quite a while with FS and just letting the ones I do have, run their course... (just my personal opinion on the patterns I am seeing)
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p2ploser
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Post by p2ploser on Jan 14, 2019 19:14:51 GMT
Another stunning recovery. I wonder what boot sale they sold these at.
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