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Post by longjohn on Oct 23, 2014 23:33:18 GMT
What do we think of 8394?
Last six months turnover is about 10% of the preceding 12 months.
Credit rating is zero for every month last year.
The loan amount requested will not even cover this years losses (so far) let alone provide working capital.
Yet its rated an 'A'. Naturally nobody is answering any questions either. Madness!
John
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ianb
Posts: 161 
Likes: 54
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Post by ianb on Oct 24, 2014 7:26:46 GMT
I agree with you, no way is this 'A'. I go off the Delphi/Creditsafe scores rather than FC's rating (though that does require that FC record these scores correctly and I'm not sure I trust them to do that), there seems a fair number of cases where the model they use appears plain wrong.
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jimbo
Posts: 234
Likes: 42
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Post by jimbo on Oct 26, 2014 1:26:06 GMT
It looks like this loan has closed now, so I'm assuming some lucky autobidders (and flippers) have now funded the fine enterprise in question. Regarding what's currently available, I wouldn't touch 8443 with a bargepole. Firm of solicitors sounding like they do personal injury referrals who are certain to be hit by the new regulations coming into force in this area. The fact they've mentioned "Industrial Deafness" puts me off, as I know this is seen as the new "Whiplash". See: www.theovalgroup.com/_/uploads/files/publications/IndustrialDeafnessBulletin.pdfI have read that it's much harder to prove than whiplash. For starters, the claimant needs to be genuinely deaf... |
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