keitha
Member of DD Central
2024, hopefully the year I get out of P2P
Posts: 4,430
Likes: 2,552
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Post by keitha on Jan 3, 2020 12:27:53 GMT
Well we don't see this often enough so well done to FC on this one
Last regular payment received 7 June 2019
5th July Liquidated
7 October Defaulted
30 December recovery of 97% posted in 3 parts
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Post by shanghaiscouse on Jan 5, 2020 21:37:12 GMT
I believe the technical term for this is "the exception that proves the rule".
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ceejay
Posts: 972 
Likes: 1,149
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Post by ceejay on Jan 6, 2020 12:01:56 GMT
I believe the technical term for this is "the exception that proves the rule". Quite. Or, possibly, even a stopped clock is right twice a day. Of my defaulted loans (the only kind I have now) exactly one repaid in full. Of the rest, approximately 2.5% has been recovered. Looking at the loan comments, if I'm very lucky, I might get another 2.5% over the next 10 years. But OP is right - celebrate the good news when it comes!
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keitha
Member of DD Central
2024, hopefully the year I get out of P2P
Posts: 4,430
Likes: 2,552
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Post by keitha on Jan 20, 2020 18:10:24 GMT
wow
the remaining principal repaid today plus another 4.9% of the original amount as interest recovery
off to do a little happy dance.
and it means I'm over 3% total reecoveries
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