agent69
Member of DD Central
Posts: 5,591 
Likes: 4,182
|
Post by agent69 on Sept 2, 2022 18:51:57 GMT
I've been trying to get out of P2P for longer than I can remember, and occasionally rummage around my old accounts to see if anything has changed. While I was doing this I got to wondering which is my oldest outstanding loan. I think it's a toss up between:
- South coast plumber on AC, or
- Oddy on BLN
Neither has been written off or undergoing legal recovery, even though neither has made any payment for more than 6 years. I have a funny feeling that there will be others out there with a worse tale to tell.
|
|
jryan
Posts: 11
Likes: 12
|
Post by jryan on Sept 7, 2022 4:25:18 GMT
I've been trying to get out of P2P for longer than I can remember, and occasionally rummage around my old accounts to see if anything has changed. While I was doing this I got to wondering which is my oldest outstanding loan. I think it's a toss up between:
- South coast plumber on AC, or
- Oddy on BLN
Neither has been written off or undergoing legal recovery, even though neither has made any payment for more than 6 years. I have a funny feeling that there will be others out there with a worse tale to tell.
Mine goes back to circa 2017 from memory and is still not "written off" by Ablrate despite receiving no repayments almost from inception. I've long since assumed there will be no return but it amazes me that these p2p platforms continue suggesting there are no real defaults.
|
|
p2pfan
Member of DD Central
Full-Time Investor
Posts: 739 
Likes: 827
|
Post by p2pfan on Sept 7, 2022 12:39:33 GMT
I've been trying to get out of P2P for longer than I can remember, and occasionally rummage around my old accounts to see if anything has changed. While I was doing this I got to wondering which is my oldest outstanding loan. I think it's a toss up between:
- South coast plumber on AC, or
- Oddy on BLN
Neither has been written off or undergoing legal recovery, even though neither has made any payment for more than 6 years. I have a funny feeling that there will be others out there with a worse tale to tell.
Mine goes back to circa 2017 from memory and is still not "written off" by Ablrate despite receiving no repayments almost from inception. I've long since assumed there will be no return but it amazes me that these p2p platforms continue suggesting there are no real defaults.That's the strategy of most UK P2P platforms: never write off a loan that is not paying, even if it's years overdue, because then they can market the fact that they have a 0% default and 100% payment rate.
|
|
