min
Member of DD Central
Posts: 604
Likes: 170
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Post by min on Apr 10, 2024 5:52:27 GMT
"09/04/2024 This loan will not be repaid today as due. The borrower has paid the monthly interest which we will distribute to lenders shortly. Both the borrower and their refinance brokers have been in contact and we are currently in discussions to understand the plan and timescale for repayment. We will update lenders again within the next week." Must be quite a complicated plan! Question is why hasn’t this all been sorted before payment date?
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Post by df on Apr 10, 2024 16:07:17 GMT
"09/04/2024 This loan will not be repaid today as due. The borrower has paid the monthly interest which we will distribute to lenders shortly. Both the borrower and their refinance brokers have been in contact and we are currently in discussions to understand the plan and timescale for repayment. We will update lenders again within the next week." Must be quite a complicated plan! Question is why hasn’t this all been sorted before payment date? Delays of capital repayments is a common occurrence. In this case it looks like the delay is due to the usual bureaucracy of refinancing.
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trevor
Member of DD Central
Posts: 556
Likes: 379
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Post by trevor on Apr 23, 2024 17:55:37 GMT
Last update on 9/4 said further update within the week……..
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Post by Badly Drawn Stickman on Apr 29, 2024 14:12:37 GMT
Update on the platform, holding pattern...
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Post by Badly Drawn Stickman on May 9, 2024 8:19:44 GMT
An update was added to this loan yesterday, seems mostly positive.
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johni
Member of DD Central
Posts: 366
Likes: 327
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Post by johni on May 9, 2024 9:22:12 GMT
Interest paid but it is short. No explanation. Another scam to Rob investors hoping we will not notice.
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archie
Posts: 1,839
Likes: 1,842
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Post by archie on May 9, 2024 9:36:38 GMT
Interest paid but it is short. No explanation. Another scam to Rob investors hoping we will not notice. It's more than the corresponding month last year.
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Post by Badly Drawn Stickman on May 14, 2024 11:56:19 GMT
Another new update on this loan (14th May) starting to look very promising.
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Post by woodyalan on May 15, 2024 8:52:40 GMT
This time I'm controlling my excitement but it sounds good.
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