agent69
Member of DD Central
Posts: 6,051 
Likes: 4,440
|
Post by agent69 on Jan 4, 2016 18:09:54 GMT
#150 Ptech - expecting to redeem imminently and last (missed) payment to be included in that Borrower plans to repay early and unilaterally decides that he doesn't need to make any further interest payments in the interim. Is he taking the p*ss or what? Bring on the default interest
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,333
Likes: 11,552
|
Post by ilmoro on Jan 4, 2016 18:40:35 GMT
#150 Ptech - expecting to redeem imminently and last (missed) payment to be included in that Borrower plans to repay early and unilaterally decides that he doesn't need to make any further interest payments in the interim. Is he taking the p*ss or what? Bring on the default interest Not the first and there are a few others I can think off that are further along in the taking the piss on promises/repayments stakes without AC seeming to be too fussed. Apart from the usual suspects, #26 roman printer springs to mind- consistently late though usually within the grace period (just) but currently 3+ weeks late, default interest might be applied. Cant say I blame em if they can get away with it why not
|
|
agent69
Member of DD Central
Posts: 6,051
Likes: 4,440
|
Post by agent69 on Jan 4, 2016 18:45:22 GMT
Borrower plans to repay early and unilaterally decides that he doesn't need to make any further interest payments in the interim. Is he taking the p*ss or what? Bring on the default interest Not the first and there are a few others I can think off that are further along in the taking the piss on promises/repayments stakes without AC seeming to be too fussed. Apart from the usual suspects, #26 roman printer springs to mind- consistently late though usually within the grace period (just) but currently 3+ weeks late, default interest might be applied. Cant say I blame em if they can get away with it why not I feel a quiz question coming on. What do default interest and rocking horse s**t have in common?
|
|
ablender
Member of DD Central
Posts: 2,204
Likes: 555
|
Post by ablender on Jan 4, 2016 19:19:50 GMT
Not the first and there are a few others I can think off that are further along in the taking the piss on promises/repayments stakes without AC seeming to be too fussed. Apart from the usual suspects, #26 roman printer springs to mind- consistently late though usually within the grace period (just) but currently 3+ weeks late, default interest might be applied. Cant say I blame em if they can get away with it why not I feel a quiz question coming on. What do default interest and rocking horse s**t have in common? I "cannot" think of anything in common between these two things but I can think of something different. The horse's by product can be used as a fertiliser or to grow mushrooms. A default interest cannot (practically useless in these cases).
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,333
Likes: 11,552
|
Post by ilmoro on Jan 4, 2016 19:33:41 GMT
I feel a quiz question coming on. What do default interest and rocking horse s**t have in common? I "cannot" think of anything in common between these two things but I can think of something different. The horse's by product can be used as a fertiliser or to grow mushrooms. A default interest cannot (practically useless in these cases). You have a defecating rocking horse? I suspect you could probably use that to raise funds
|
|
ablender
Member of DD Central
Posts: 2,204
Likes: 555
|
Post by ablender on Jan 4, 2016 19:42:59 GMT
I "cannot" think of anything in common between these two things but I can think of something different. The horse's by product can be used as a fertiliser or to grow mushrooms. A default interest cannot (practically useless in these cases). You have a defecating rocking horse? I suspect you could probably use that to raise funds I suppose it would be so unique that you can use it as an asset security.
|
|
ianj
Member of DD Central
Posts: 656
Likes: 520
|
Post by ianj on Jan 4, 2016 19:44:32 GMT
I "cannot" think of anything in common between these two things but I can think of something different. The horse's by product can be used as a fertiliser or to grow mushrooms. A default interest cannot (practically useless in these cases). You have a defecating rocking horse? I suspect you could probably use that to raise funds Yes, it'll be worth a fortune if doesn't get woodworm. Appearance on Blue Peter, special feature by David Attenborough, entry in The Guinness Book Of Records. Your financial future secure, and world-wide fame to boot! 
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,333
Likes: 11,552
|
Post by ilmoro on Jan 5, 2016 14:30:13 GMT
#68 CCL now redeemed in full, lenders to be credited this evening Well done to AC for navigating this one to a full and successful recovery. This was my AC toedipper so nice that it turned out alright in the end (in fact within original term and with some bonus interest along the way)  |
|
shimself
Member of DD Central
Posts: 2,563
Likes: 1,171
|
Post by shimself on Jan 5, 2016 23:40:51 GMT
You have a defecating rocking horse? I suspect you could probably use that to raise funds I suppose it would be so unique that you can use it as an asset security. Au contraire I offer you www.youtube.com/watch?v=qWAMD2bBwZc (3mins 30secs)
|
|
ablender
Member of DD Central
Posts: 2,204
Likes: 555
|
Post by ablender on Jan 6, 2016 0:09:01 GMT
I want one of those donkeys. Now.
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,333
Likes: 11,552
|
Post by ilmoro on Jan 11, 2016 13:23:30 GMT
The Ippy #129 donkey has just produced another £9k capital repayment Sorry this post is bot free zone  |
|
|
|
Post by chris on Jan 11, 2016 13:30:21 GMT
Sorry this post is bot free zone But how can we be sure? Have you been certified?
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,333
Likes: 11,552
|
Post by ilmoro on Jan 25, 2016 22:10:16 GMT
There's an update on #86 that people might want to take a look at. In essence, the properties didnt sell, the borrower hasnt offered any proposals & next step is probably Insolvency (Scottish equivalent of LPA), vote coming
|
|
|
|
Post by Ton ⓉⓞⓃ on Jan 26, 2016 15:44:20 GMT
In other threads we've been talking about #206 & 207 which is nice. But I think 208 is due to be suspended if the first payment is not made by today.
|
|
kermie
Member of DD Central
Posts: 691
Likes: 462
|
Post by kermie on Jan 26, 2016 20:57:07 GMT
In other threads we've been talking about #206 & 207 which is nice. But I think 208 is due to be suspended if the first payment is not made by today. Indeed, 208 is a little depressing to have slipped the first payment by so much. I am still hopeful this is just a screw-up rather than a real concern. I'm not panicking, though - security seems OK. I'd still like to see AC include a mostly-completed standing order form when they send the borrower initial paperwork. It's all too common for first payments to be late.
|
|
