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Post by dan1 on Jan 28, 2020 14:17:21 GMT
No new loans since Aug 2019 (assuming my records are correct).
Have I missed some communication from HC?
The parent company is still going strong but perhaps HC isn't important enough for them to develop at this time?
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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
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Post by ilmoro on Jan 28, 2020 14:44:15 GMT
No new loans since Aug 2019 (assuming my records are correct). Have I missed some communication from HC? The parent company is still going strong but perhaps HC isn't important enough for them to develop at this time? Perhaps we could ask the boss of their regulatory principal? danraj - any insights?
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KoR_Wraith
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Post by KoR_Wraith on Jan 28, 2020 14:48:43 GMT
I assume this is the case.
I emailed them several months ago enquiring about the lack of new loans but received no response.
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archie
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Post by archie on Jan 28, 2020 14:57:12 GMT
I'm not an lender here but a good clue might be whether they have introduced the appropriateness test.
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Post by dan1 on Jan 28, 2020 14:58:53 GMT
I'm not an lender here but a good clue might be whether they have introduced the appropriateness test. Yes they have but only to keep the SM functioning I guess.
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IFISAcava
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Post by IFISAcava on Jan 28, 2020 15:12:18 GMT
The last ABL loan was a bit Huddle-esque I thought.
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KoR_Wraith
Member of DD Central
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Post by KoR_Wraith on Jan 28, 2020 16:19:37 GMT
The last ABL loan was a bit Huddle-esque I thought. I beg to disagree; on Huddle we'd have had second charges on the mentioned property at 85% LTV 
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IFISAcava
Member of DD Central
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Post by IFISAcava on Jan 28, 2020 19:14:30 GMT
The last ABL loan was a bit Huddle-esque I thought. I beg to disagree; on Huddle we'd have had second charges on the mentioned property at 85% LTV A scond charge on shoes doesn't sound too attractive!
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KoR_Wraith
Member of DD Central
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Post by KoR_Wraith on Jan 28, 2020 20:34:18 GMT
A scond charge on shoes doesn't sound too attractive! Ahh, I thought you were referencing the cancelled boat loan
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hazellend
Member of DD Central
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Post by hazellend on Jan 28, 2020 23:23:08 GMT
Their last loan was the best I’ve had in P2P. I was surprised they didn’t keep it for themselves as it was under 30k.
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