Investment through Ablrate involves lending to companies and therefore your capital is at risk and interest/capital payments are not guaranteed if the borrower defaults. The statements made on this forum are provided for information only, are not intended as a financial promotion
A further update on this loan would be greatly appreciated.
We have this week been speaking with lawyers and administrators, so should have an update to lenders next week.
Given that you are able to speak to the administrators of this loan, perhaps you'd be so kind as to speak to the insolvency practitioners of a certain other loan whos recovery has been dragging on for several years without a penny being returned to investors? You know, the one related to shipping containers?
I'm an equity investor in AxiaFunder and a minor equity investor in Welendus(FO), Brickowner, Crowdstacker, Proplend, ABLrate, CrowdProperty, Assetz Capital, Elfin Market, Qardus & Loanpad. This time next year I'll be a miwionaire Rodders!