foolsgold
Member of DD Central
Posts: 159
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Post by foolsgold on Mar 9, 2020 18:17:06 GMT
Payments suspended again ...wonder why
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criston
Member of DD Central
Posts: 1,204
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Post by criston on Mar 9, 2020 18:32:15 GMT
Payments suspended again ...wonder why To deal with ISA transfers hopefully.
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benaj
Member of DD Central
N/A
Posts: 5,648 
Likes: 1,744
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Post by benaj on Mar 9, 2020 18:48:31 GMT
Yes, yes yes
Thank you.😃
So far, it’s the only platform in administration I received the most money
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c88dnf
Member of DD Central
Posts: 364
Likes: 266
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Post by c88dnf on Mar 10, 2020 0:00:07 GMT
Has anyone who has requested a withdrawal received any money in their bank account yet? Yes. 8.7% of residual investment returned and very promptly. A further 5.4% is still in loans that are not officially defaulted. I avoided the artworks, books, boys' toys and so on. If I get back 50% of what I couldn't offload before the collapse I'll be happy enough given the interest raked in over the time I was with FS, but I suspect rather less is likely.
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pfffill
Member of DD Central
Posts: 175
Likes: 206
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Post by pfffill on Mar 10, 2020 5:26:54 GMT
Payments suspended again ...wonder why Could be they have another batch of updates to various loans coming through, and want withdrawals done in an orderly fashion once they're out?
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c88dnf
Member of DD Central
Posts: 364
Likes: 266
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Post by c88dnf on Mar 10, 2020 21:40:21 GMT
Has anyone who has requested a withdrawal received any money in their bank account yet? Yes. 8.7% of residual investment returned and very promptly. A further 5.4% is still in loans that are not officially defaulted. I avoided the artworks, books, boys' toys and so on. If I get back 50% of what I couldn't offload before the collapse I'll be happy enough given the interest raked in over the time I was with FS, but I suspect rather less is likely. Another 1.9% of residual investment now showing in available funds from one of the two loans I had that were not defaulted, plus - to my surprise - another 0.1% in the form of interest paid. Net = 10.7% of invested capital back, with another 3.5% still in live funds. Interesting times...
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Post by defaultinator5000 on Mar 11, 2020 23:44:49 GMT
Yes. 8.7% of residual investment returned and very promptly. A further 5.4% is still in loans that are not officially defaulted. I avoided the artworks, books, boys' toys and so on. If I get back 50% of what I couldn't offload before the collapse I'll be happy enough given the interest raked in over the time I was with FS, but I suspect rather less is likely. I did the same, thinking I was sensible. Unfortunately, it turned out that the only sensible thing was never to deposit any money into FS.
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jj
Member of DD Central
Jolly Jammy
Posts: 320
Likes: 358
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Post by jj on Mar 17, 2020 12:19:23 GMT
What I am doing now is to transfer the money I get back & put it into my pension.
Hopefully by doing this I will get some tax relief to counter the losses I am expecting.
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benaj
Member of DD Central
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Posts: 5,648
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Post by benaj on Mar 27, 2020 11:18:52 GMT
I checked my account this morning. 1376316153 repaid. Actual return: 0.8% pa.  I call this a victory. ££ withdrawn |
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pfffill
Member of DD Central
Posts: 175
Likes: 206
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Post by pfffill on Mar 27, 2020 11:21:51 GMT
I checked my account this morning. 1376316153 repaid. Actual return: 0.8% pa. I call this a victory. ££ withdrawn Be helpful if you could say what loan 1376316153 refers to.
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benaj
Member of DD Central
N/A
Posts: 5,648
Likes: 1,744
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Post by benaj on Mar 27, 2020 11:25:44 GMT
I checked my account this morning. 1376316153 repaid. Actual return: 0.8% pa. I call this a victory. ££ withdrawn Be helpful if you could say what loan 1376316153 refers to. Special from FS30, instead of getting 5% return, just 0.8% after administration. Cha*** Fa** Dev loan Tranche 6
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pfffill
Member of DD Central
Posts: 175
Likes: 206
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Post by pfffill on Mar 27, 2020 12:08:51 GMT
Be helpful if you could say what loan 1376316153 refers to. Special from FS30, instead of getting 5% return, just 0.8% after administration. Cha*** Fa** Dev loan Tranche 6 Thanks
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Post by df on Mar 27, 2020 21:40:13 GMT
I checked my account this morning. 1376316153 repaid. Actual return: 0.8% pa. I call this a victory. ££ withdrawn I've checked mine now. Few more arrivals since I've checked it 2 weeks ago. 2799013492 arrived today. £££ withdrawn  Any arrivals from FS recoveries are good news
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Post by overthehill on Apr 6, 2020 16:51:35 GMT
How are withdrawals being handled now, anyone know ?
I've requested 2 withdrawals, one was sitting pending for a week and the other was requested on friday. I see no pending withdrawals in my account and no sign of it in my bank account. This is the first time I've tried to withdraw since the initial one a few weeks ago. It's hard to tell what's going on ? Have they physically processed it, have they sent the money to the right account, is there still a bank transfer system this slow still in existence - coming from a faster payments service snob.
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jonno
Member of DD Central
nil satis nisi optimum
Posts: 2,809
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Post by jonno on Apr 7, 2020 9:22:21 GMT
How are withdrawals being handled now, anyone know ?
I've requested 2 withdrawals, one was sitting pending for a week and the other was requested on friday. I see no pending withdrawals in my account and no sign of it in my bank account. This is the first time I've tried to withdraw since the initial one a few weeks ago. It's hard to tell what's going on ? Have they physically processed it, have they sent the money to the right account, is there still a bank transfer system this slow still in existence - coming from a faster payments service snob.
I'm suffering exactly the same. I made a withdrawal back on 27th March but no sign of it. It is recorded as a transfer under "Account Information". I tried to email them today but got the automated boll*cks response. Not sure what we can do other than wait and seethe.
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I call this a victory. ££ withdrawn
Any arrivals from FS recoveries are good news