keystone
Member of DD Central
Posts: 718
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Post by keystone on Sept 6, 2019 21:19:37 GMT
The spamming bastards Sourced Capital are at it again, now on my mobile. I've had enough, time to go in to costly mode.
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pom
Member of DD Central
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Post by pom on Sept 7, 2019 7:14:32 GMT
Clearly this particular leopard is showing no sign of changing their spots....tho I do wonder if those of us who've been phoned compared the mobile number the call came from (PM me if you want to) we might find that a lot of this was down to a single person? Perhaps stemoss004 might then do something about it? Tho I won't hold my breath...and if they('ve) start(ed) hiding their numbers that will tell its own story... Mods - might I suggest that given there have now I believe been at least a couple of threads about sourced (and they may well crop up again at a later date) could we perhaps have a separate board for them so that past posts - and previously raised concerns (as well as further discussion should they clean up their act) - are easy to find by anyone that newly discovers them?
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Post by zengecko on Sept 17, 2019 4:47:24 GMT
Still receiving regular emails despite having unsubscribed two weeks ago!
Just to confirm I had never signed up in the first place, where did you get my details from???
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Nomad
Member of DD Central
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Post by Nomad on Sept 30, 2019 8:14:25 GMT
The spamming bastards Sourced Capital are at it again, now on my mobile. I've had enough, time to go in to costly mode. Just received an email from them out of the blue, saying "Your identity has been verified, you're now ready to lend. " I may have registered for a newsletter, but I didn't do any ID checks with them!
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hazellend
Member of DD Central
Posts: 2,363
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Post by hazellend on Jul 28, 2020 12:53:00 GMT
Now getting spam text messages from these prats. How can I get them to bugger off?
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keystone
Member of DD Central
Posts: 718
Likes: 587
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Post by keystone on Jul 28, 2020 13:14:38 GMT
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keystone
Member of DD Central
Posts: 718
Likes: 587
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Post by keystone on Jul 28, 2020 13:38:35 GMT
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hazellend
Member of DD Central
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Post by hazellend on Jul 28, 2020 13:40:46 GMT
Done, thanks. Don’t want to use the “opt out” button because they are obviously dodgy
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,329
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Post by ilmoro on Jul 28, 2020 13:53:24 GMT
Done, thanks. Don’t want to use the “opt out” button because they are obviously dodgy Maybe you should raise the matter with their AR ... Im sure Daniel for REBS would be happy to have a word. I assume they are not financial promotions being sent to an uncategorised investor as obviously there are FCA rules on that
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hazellend
Member of DD Central
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Post by hazellend on Jul 28, 2020 14:13:27 GMT
Done, thanks. Don’t want to use the “opt out” button because they are obviously dodgy Maybe you should raise the matter with their AR ... Im sure Daniel for REBS would be happy to have a word. I assume they are not financial promotions being sent to an uncategorised investor as obviously there are FCA rules on that Think I’ll definitely avoid Rebs if they are even loosely associated with this lot
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,329
Likes: 11,548
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Post by ilmoro on Feb 1, 2022 11:35:53 GMT
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hazellend
Member of DD Central
Posts: 2,363
Likes: 2,180
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Post by hazellend on Feb 1, 2022 22:09:52 GMT
Do not touch this spammy company with a ten foot barge pole.
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zuluwarrior
Member of DD Central
chap from Newcastle, dabbling here and there. Long-time lurker of the forums
Posts: 78
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Post by zuluwarrior on May 18, 2022 22:55:34 GMT
Sourced Capital recently launched their largest project. Firstly, I'm not hugely confident in their ability to keep a watchful eye over the project and sign off tranche funding as and when works are complete. There is also a pretty substantial conflict of interest when the borrower is the managing director of the funder. Thats a bit like Rishi Sunak deciding what tax rates he should pay (oh wait he has ) This is a bit worrying too "Day 1 valuation of £3,230,000, the Loan to Value (LTV) is 91.02% with the initial tranche of £2,940,000 drawn."
I think this is the fashion of P2P, a household name in the property space asking for funds and people will blindly trust them.
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Post by overthehill on May 19, 2022 8:37:52 GMT
Sourced Capital recently launched their largest project. Firstly, I'm not hugely confident in their ability to keep a watchful eye over the project and sign off tranche funding as and when works are complete. There is also a pretty substantial conflict of interest when the borrower is the managing director of the funder. Thats a bit like Rishi Sunak deciding what tax rates he should pay (oh wait he has ) This is a bit worrying too "Day 1 valuation of £3,230,000, the Loan to Value (LTV) is 91.02% with the initial tranche of £2,940,000 drawn."
I think this is the fashion of P2P, a household name in the property space asking for funds and people will blindly trust them.
I'm not saying Sourced Capital is dodgy or care one way or another but in finance there is always a fresh supply of uninformed and gullible people with an inexplicable amount of money. I'm not sure what this company has done to persuade people to part with their money based on the details above.
Perhaps invest your money in companies like CP, PL or others who started with small loans, built a business over years, have a proven track record, practically zero capital and interest losses and an active loan portfolio which isn't littered with non-performing loans and defaults.
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zuluwarrior
Member of DD Central
chap from Newcastle, dabbling here and there. Long-time lurker of the forums
Posts: 78
Likes: 42
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Post by zuluwarrior on May 19, 2022 16:53:26 GMT
Sourced Capital recently launched their largest project. Firstly, I'm not hugely confident in their ability to keep a watchful eye over the project and sign off tranche funding as and when works are complete. There is also a pretty substantial conflict of interest when the borrower is the managing director of the funder. Thats a bit like Rishi Sunak deciding what tax rates he should pay (oh wait he has ) This is a bit worrying too "Day 1 valuation of £3,230,000, the Loan to Value (LTV) is 91.02% with the initial tranche of £2,940,000 drawn."
I think this is the fashion of P2P, a household name in the property space asking for funds and people will blindly trust them.
I'm not saying Sourced Capital is dodgy or care one way or another but in finance there is always a fresh supply of uninformed and gullible people with an inexplicable amount of money. I'm not sure what this company has done to persuade people to part with their money based on the details above.
Perhaps invest your money in companies like CP, PL or others who started with small loans, built a business over years, have a proven track record, practically zero capital and interest losses and an active loan portfolio which isn't littered with non-performing loans and defaults.
They're quite prominent in the property sector, they sell a lot of deals and have a franchise model so they get about a bit. Not saying they're bad but I think on the managing directors loan, they could have made the conflict of interest a bit clearer. Some people may have heard of Portfolio REIT, not sure its technically P2P as Portfolio hold the property but allows property investment fractionally. All run off the back of their Property Hub brand.
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