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ilmoro
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Mugged twice over Apr 12, 2020 8:57:53 GMT

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Post by ilmoro on Apr 12, 2020 8:57:53 GMT

Apr 12, 2020 8:51:24 GMT iRobot said:

Apr 12, 2020 8:44:32 GMT ron said:

Thanks. Well, for a start 3% would be 40% less than 5% for all loans sold before April... and that seems straightforward. Obviously a second point relates to where in the waterfall of payments this fee sits. Good luck to the CC & lawyers on this

Nice idea, but I think you need a few years into the equation

(Edit, I'm presuming 'April 16' refers to April 2016 not 16th of April! )

Yes, Ive amended the OP to make it clearer for those under the impression I am able to travel forward in time

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kielbasa
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Mugged twice over Apr 13, 2020 14:09:18 GMT 11025, ozboy, and 4 more like this

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Post by kielbasa on Apr 13, 2020 14:09:18 GMT

Keeping it simple, from FS Ts and Cs:

8.3 FundingSecure does not charge Investors any fees or commissions.

I can't see how FS get away with taking the 5% post appointment of administrators.

How do we get back the 5% wrongly taken on some loans by FS pre-administration, i.e. in the Raj Kumar era?