Post by adrian77 on Apr 28, 2019 17:12:43 GMT
I am in the process of reducing my main post ref my top 40 and planning to reduce to a simple table once they are all finalised - may be a little while!
However here is a quick update
Loan no 38) Darmonds Green - loan repaid so 100% wrong on that one (loan flipped so as to whether this is a still a valid proposition is a different question)
This means that of my top 40 there are currently 2 that have repaid 100% (this one and the cinema no 12)
Also we have had updates
Loan no 1) Wimbledon - this has just got even worse as VAT is now due but no recovery was ever expected...
loan 5b ) these damn speedboats one minute we are told there is court confirmation of released payment and now it looks to me as we are back to square one i.e. no sign whatsoever of a penny. I regard the last "update" as complete and misleading twaddle.
loan 7) South Wales Hotel This was sold with 3 staggered payments - payment no 2 was late and now payments have been rescheduled for 8 rather than 5 months. So will the next payment be in time and will this buyer actually finalise the purchase - no idea! To be positive the buyer may pull out with FS keeping the monies paid and the hotel resold for more money...you never know!
loan 8) Military and Time Piece Collection 1013434811
some of these items have been redeemed so will need to update the outstanding balance when I get time
Whilst I am here the Landrover is entered for auction on Tuesday - well it will be nice to get repayment as this one is 10 months late - not pleased as we were told
So we get a lower rate for a very late running loan not finalised as promised - brilliant!
I have about £1000 left in inactive loans and this will be my first interest/repayment since 02/11/18! Am I impressed - answers on a postcard...
original post p2pindependentforum.com/thread/14438/league-predicted-mega-failures-update
However here is a quick update
Loan no 38) Darmonds Green - loan repaid so 100% wrong on that one (loan flipped so as to whether this is a still a valid proposition is a different question)
This means that of my top 40 there are currently 2 that have repaid 100% (this one and the cinema no 12)
Also we have had updates
Loan no 1) Wimbledon - this has just got even worse as VAT is now due but no recovery was ever expected...
loan 5b ) these damn speedboats one minute we are told there is court confirmation of released payment and now it looks to me as we are back to square one i.e. no sign whatsoever of a penny. I regard the last "update" as complete and misleading twaddle.
loan 7) South Wales Hotel This was sold with 3 staggered payments - payment no 2 was late and now payments have been rescheduled for 8 rather than 5 months. So will the next payment be in time and will this buyer actually finalise the purchase - no idea! To be positive the buyer may pull out with FS keeping the monies paid and the hotel resold for more money...you never know!
loan 8) Military and Time Piece Collection 1013434811
some of these items have been redeemed so will need to update the outstanding balance when I get time
Whilst I am here the Landrover is entered for auction on Tuesday - well it will be nice to get repayment as this one is 10 months late - not pleased as we were told
As this means this is effectively a guaranteed return of 8% for 6 months investment - the interest offered is lower than usual.
I have about £1000 left in inactive loans and this will be my first interest/repayment since 02/11/18! Am I impressed - answers on a postcard...
original post p2pindependentforum.com/thread/14438/league-predicted-mega-failures-update