brianlom1
Member of DD Central
He's not the Messiah, he's a very naughty boy!
Posts: 384
Likes: 386
|
Post by brianlom1 on Aug 3, 2022 9:41:23 GMT
This month's interest payment now received
|
|
TitoPuente
Member of DD Central
Posts: 623
Likes: 655
|
Post by TitoPuente on Sept 27, 2022 9:15:53 GMT
Expected to repay on Friday 30th.
|
|
|
Post by Ace on Sept 27, 2022 9:44:02 GMT
Expected to repay on Friday 30th. Not sure that I'm "expecting" the repayment. Last we heard was that ABLrate hadn't had any update regarding the attempted refinance. If it was imminent I would have expected that they would have requested a settlement figure. Hopefully I'll be pleasantly surprised 🤞
|
|
p2pfan
Member of DD Central
Full-Time Investor
Posts: 739
Likes: 830
|
Post by p2pfan on Sept 27, 2022 12:46:30 GMT
Expected to repay on Friday 30th. Not sure that I'm "expecting" the repayment. Last we heard was that ABLrate hadn't had any update regarding the attempted refinance. If it was imminent I would have expected that they would have requested a settlement figure. Hopefully I'll be pleasantly surprised 🤞 Is the "expected" based on a communication with Ablrate? Because, as Ace explains, this, like almost all ABL loans, has one on the edge of one's seat about likely payment or not. I am invested into the loan to a significant five figure sum and would desperately like my money back, but based on ABL and their beloved borrowers' track-records I'm not holding my breath. It's just too easy for borrowers to reply to ABL's email requesting funds with a word they pull out of their hat of excuses like "Brexit", "Covid", "Boris" and "Kwasi" and enjoy yet another six month extension.
|
|
|
Post by Ace on Sept 27, 2022 15:33:44 GMT
Interest payments on this one flow pretty reasonably though don't they? Yes, the interest payment record is OK, but there's a massive difference between paying interest and repaying capital. We know that the capital repayment on this one requires a refinance. Refinancing in the current environment might prove to be a bit difficult; hopefully not, but the fact that ABLrate didn't have sight of a firm offer might suggest a problem.
|
|
|
Post by Ace on Oct 5, 2022 16:22:39 GMT
Some jam today has been given by the cake maker. And likely some more jam later.
|
|
|
Post by brummiefred on Apr 6, 2023 11:38:54 GMT
More jam today, and maybe only one more slice to go
|
|
brianlom1
Member of DD Central
He's not the Messiah, he's a very naughty boy!
Posts: 384
Likes: 386
|
Post by brianlom1 on Apr 6, 2023 12:43:05 GMT
More jam today, and maybe only one more slice to go It brings back distant memories of times when several days of the week would hold the prospect of one or more interest payments ...
|
|
|
Post by Ace on Jun 6, 2023 8:57:40 GMT
This loan has now been fully repaid.
|
|
brianlom1
Member of DD Central
He's not the Messiah, he's a very naughty boy!
Posts: 384
Likes: 386
|
Post by brianlom1 on Jun 11, 2023 21:15:17 GMT
Could I just give a shout out to the directors of 1000123 - they have struggled to make on-time repayments but, at a time when so many companies are looking to renege on their obligations, they have repaid in full.
Good, honest, decent people are hard to find in the P2P world so let's appreciate the ones we meet along the way.
|
|