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Post by Badly Drawn Stickman on Dec 14, 2021 12:34:56 GMT
Your predictions are not as impressive as they used to be.
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Post by ladywhitenap on Jan 5, 2022 9:56:31 GMT
Lets hope 110 late payment turns up today along with 38.
I could have sworn there was a statement that payments would continue during the review? Maybe it meant that payments would continue to be late during the review.
LW
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markyg61
Member of DD Central
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Post by markyg61 on Jan 5, 2022 12:17:20 GMT
Lets hope 110 late payment turns up today along with 38. I could have sworn there was a statement that payments would continue during the review? Maybe it meant that payments would continue to be late during the review. LW
I'm still waiting on 114 from 19/12/21, 17 days late !
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blueblazer
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Post by blueblazer on Jan 6, 2022 9:15:52 GMT
Lets hope 110 late payment turns up today along with 38. I could have sworn there was a statement that payments would continue during the review? Maybe it meant that payments would continue to be late during the review. LW
I'm still waiting on 114 from 19/12/21, 17 days late !
Plus 43, 55 and 100 also from December.
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Post by Badly Drawn Stickman on Jan 6, 2022 9:34:26 GMT
I'm still waiting on 114 from 19/12/21, 17 days late !
Plus 43, 55 and 100 also from December.
Would it be fair to say they are all overdue? History suggests when that is the case only odd ones get paid at a time and in a random order. However just in case the 'implied' refinancer is reading. Odd they are normally as punctual as a really punctual thing.
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blueblazer
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Post by blueblazer on Jan 6, 2022 11:50:18 GMT
Would it be fair to say they are all overdue? 73 & 89 are up to date although that could change in the next few days.
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Post by Ace on Jan 6, 2022 12:28:12 GMT
Would it be fair to say they are all overdue? 73 & 89 are up to date although that could change in the next few days.
But aren't available on the SM loan exchange, so presumably ABLrate know something that we don't.
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TitoPuente
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Post by TitoPuente on Jan 6, 2022 14:40:06 GMT
73 & 89 are up to date although that could change in the next few days.
But aren't available on the SM loan exchange, so presumably ABLrate know something that we don't. They are all paused as per 10 Dec update.
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markyg61
Member of DD Central
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Post by markyg61 on Jan 6, 2022 14:54:13 GMT
But aren't available on the SM loan exchange, so presumably ABLrate know something that we don't. They are all paused as per 10 Dec update. That maybe but .... "LENDER UPDATE 10 December 2021: Pending a wholesale review of the Borrower we are temporarily suspending trading in the Loan Exchange. During this period the Borrower is continuing to make its payments as they become due. Further information will be provided in due course."
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ptr120
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Post by ptr120 on Jan 6, 2022 19:20:22 GMT
They are all paused as per 10 Dec update. That maybe but .... "LENDER UPDATE 10 December 2021: Pending a wholesale review of the Borrower we are temporarily suspending trading in the Loan Exchange. During this period the Borrower is continuing to make its payments as they become due. Further information will be provided in due course." And given the lack of further update to state that they have not continued to make payments as they become due, one can only assume that ablrate are receiving payments but failing to pass them on to lenders, or that the platform are failing to update lenders that the borrower is failing to honor the update communicated to us (presumably with their prior knowledge) less than a month ago. Either way, ablrate are failing.
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Balder
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Post by Balder on Jan 7, 2022 15:41:36 GMT
Anyone see the TV last night, program saying how hot the 2nd hand car market is due to lack of supply of new cars. Demand driving high prices etc. If that is the case what is the issue with these loans ablrate ? |
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blueblazer
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Post by blueblazer on Jan 11, 2022 9:47:59 GMT
Would it be fair to say they are all overdue? 73 & 89 are up to date although that could change in the next few days.
Just to confirm, all the car loans are now officially late. 
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Post by Badly Drawn Stickman on Jan 11, 2022 10:03:02 GMT
73 & 89 are up to date although that could change in the next few days.
Just to confirm, all the car loans are now officially late.  I am confident they are all over it like a nasty rash. Or standing around admiring the painting of Elon Musk that the boss bought himself for Christmas (always interesting reading peoples twitter feed)
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ptr120
Member of DD Central
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Post by ptr120 on Jan 11, 2022 10:40:20 GMT
The thing is, it isn't even an actual painting!
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tony9239
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Post by tony9239 on Jan 11, 2022 10:48:08 GMT
That maybe but .... "LENDER UPDATE 10 December 2021: Pending a wholesale review of the Borrower we are temporarily suspending trading in the Loan Exchange. During this period the Borrower is continuing to make its payments as they become due. Further information will be provided in due course." And given the lack of further update to state that they have not continued to make payments as they become due, one can only assume that ablrate are receiving payments but failing to pass them on to lenders, or that the platform are failing to update lenders that the borrower is failing to honor the update communicated to us (presumably with their prior knowledge) less than a month ago. Either way, ablrate are failing. Quite agree. My money is on your second explanation. They probably took a look at the way ablrate are being so generous to AF and thought : "Well, if he's not being forced to pay his interest then why should we?"
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