p2pfan
Member of DD Central
Full-Time Investor
Posts: 739
Likes: 829
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Post by p2pfan on Jun 4, 2020 11:58:09 GMT
Redemption date for N***** Development Site was three months ago, 09-03-2020. They're not paying their monthly interest either and it is therefore having to be taken from the interest reserve.
Does anybody know what's going on with this loan please?
One thing I don't like about PL is they are very secretive in such situations and, unlike other platforms I lend through, provide hardly any meaningful insights on what's happening with long overdue loans etc.
Cheers.
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Post by uksoul on Jun 4, 2020 15:42:09 GMT
Redemption date for N***** Development Site was three months ago, 09-03-2020. They're not paying their monthly interest either and it is therefore having to be taken from the interest reserve. Does anybody know what's going on with this loan please? One thing I don't like about PL is they are very secretive in such situations and, unlike other platforms I lend through, provide hardly any meaningful insights on what's happening with long overdue loans etc. Cheers. They sent a monthly update email today which gives insight into why loans are past their redemption date.
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Post by retiree on Jun 7, 2020 19:25:55 GMT
I've not received that monthly email update. What was the gist of it please?
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Post by uksoul on Jun 8, 2020 1:10:22 GMT
I've not received that monthly email update. What was the gist of it please? It gives an overall monthly update of loans' performance.
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