|
Post by uksoul on May 27, 2020 10:07:19 GMT
It has not defaulted, the refinance was delayed due to COVID. Was meant to be repaid March 23 then delayed again due to current crisis. I contacted Proplend early this month and was told they could not give an expected date of repayment. Penalty interest is being paid and the interest still being serviced. Thanks uksoul . Per the website, the interest for May (due 23/5) hasn't yet been noted as being received from the borrower. An optimist may see this as a sign of imminent redemption? A detailed update now released. An optimist is right thinking as you outlined but likely to be wrong.
|
|
scooter
Member of DD Central
Posts: 351
Likes: 327
|
Post by scooter on Jun 9, 2020 13:29:51 GMT
This loan is in default.
|
|
|
Post by uksoul on Jun 9, 2020 14:33:17 GMT
it is but progress towards it's repayment is now at an advanced stage.
|
|
sapphire
Member of DD Central
Posts: 483
Likes: 400
Member is Online
|
Post by sapphire on Dec 4, 2020 16:10:42 GMT
Update just posted on the PL website. Redemption of this loan is expected on 10 Dec.
|
|
|
Post by uksoul on Dec 4, 2020 16:20:09 GMT
Update just posted on the PL website. Redemption of this loan is expected on 10 Dec. It was due this week so be cautious with that deadline.
|
|
mah
Member of DD Central
Posts: 323
Likes: 363
|
Post by mah on Dec 12, 2020 19:24:20 GMT
It's 12th Dec now. Was it for 2020 or 2021
|
|
|
Post by uksoul on Dec 12, 2020 20:41:47 GMT
It's 12th Dec now. Was it for 2020 or 2021 2022 i'm afraid . It was meant to be paid 10th then the 11th..hopefully next week
|
|
|
Post by uksoul on Dec 23, 2020 14:44:09 GMT
It's ended, Flintshire now paid back..a long time waiting but worth it. Great timing as well before Xmas!..
|
|