Post by keitha on Jul 28, 2020 9:09:40 GMT
Been speaking to a couple of friends with investments in FC.
Neither had noticed that lending had ceased, and one even said he expects normal lending to resume in next 5-6 weeks so not worth taking funds out.
both have checked accounts after speaking to me and are shocked at number of loans "on payment holiday", both had worked on if I get 6% interest and 4% go bad then it's better return than in bank type figures.
One has just rung me asking how he can get all his money out, and didn't even realise that the system had changed back in December.
I wonder how many others out there are this uninformed.
Neither had noticed that lending had ceased, and one even said he expects normal lending to resume in next 5-6 weeks so not worth taking funds out.
both have checked accounts after speaking to me and are shocked at number of loans "on payment holiday", both had worked on if I get 6% interest and 4% go bad then it's better return than in bank type figures.
One has just rung me asking how he can get all his money out, and didn't even realise that the system had changed back in December.
I wonder how many others out there are this uninformed.