benaj
Member of DD Central
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Post by benaj on Feb 19, 2020 22:46:06 GMT
A loan is in default when it is
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registerme
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Post by registerme on Feb 19, 2020 23:29:14 GMT
You can't really say because it's invariably down to the terms of the contract. But.... on this matter my view and platforms' views rarely align.
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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 Feb 19, 2020 23:37:58 GMT
180 days past any payment due for a property loan is the official definition in the FCA handbook but as RM says going to be down to terms of contract, covenants & platform policy on their response.
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benaj
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Post by benaj on Feb 19, 2020 23:55:46 GMT
Kuflink's Default Definition
really?
I want to know about your expectation, not individual platform definition.
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