Post by keitha on Nov 2, 2022 11:29:01 GMT
Loan for £188,653, taken out in December 2018, 2 other loans outstanding at a total of over £80,000
According to the figures they gave FC £1.2 Million a year turnover, profits < £80K a year, repayments just on this loan £52K a year.
Simple maths says it doesn't work !
Stopped paying in April 2020, Defaulted in July and went to legal in December,
in March 2022 repayments started to arrive.
At the moment I am getting 1p every 5 months, Lol only 330 years to clear this one
According to the figures they gave FC £1.2 Million a year turnover, profits < £80K a year, repayments just on this loan £52K a year.
Simple maths says it doesn't work !
Stopped paying in April 2020, Defaulted in July and went to legal in December,
in March 2022 repayments started to arrive.
At the moment I am getting 1p every 5 months, Lol only 330 years to clear this one