|
Post by Ace on Sept 22, 2023 11:59:38 GMT
A record 6 loans repaid today for me.. Me too.
|
|
|
Post by uksoul on Sept 22, 2023 12:06:21 GMT
A record 6 loans repaid today for me.. Me too. We must have picked the same loans...if only every Friday could be like this!
|
|
|
Post by Ace on Sept 22, 2023 12:31:11 GMT
We must have picked the same loans...if only every Friday could be like this! My partner got repayments on 8 Kuflink loans today. I could do with a day like this on CP.
|
|
dh1
Member of DD Central
Posts: 373
Likes: 383
|
Post by dh1 on Sept 22, 2023 12:44:28 GMT
uksoul/ Ace Have some sympathy, you lot! 7 of my 8 loans with Kuflink are defaulted and the 8th is unsellable because it doesn't meet Kuflink's secondary market rules. No, I don't get that either.
|
|
|
Post by uksoul on Sept 22, 2023 12:47:14 GMT
We must have picked the same loans...if only every Friday could be like this! My partner got repayments on 8 Kuflink loans today. I could do with a day like this on CP. 8..wow..hopefully your partner will buy the drinks tonight!
|
|
|
Post by df on Sept 22, 2023 12:49:10 GMT
A record 6 loans repaid today for me.. 9 for me. Very unusual.
|
|
|
Post by uksoul on Sept 22, 2023 12:49:49 GMT
uksoul / Ace Have some sympathy, you lot! 7 of my 8 loans with Kuflink are defaulted and the 8th is unsellable because it doesn't meet Kuflink's secondary market rules. No, I don't get that either. I also have loans in default but very confident they will repay. Kuflink is excellent at recovering delinquent loans and has a perfect record at doing so. Im sure your loans will repay at some point, no doubt im in some of them along with Ace. Yeah default loans are exempt from the SM which other p2p platforms do as well.
|
|
|
Post by uksoul on Sept 22, 2023 12:53:21 GMT
A record 6 loans repaid today for me.. 9 for me. Very unusual. you got 9!! yeah very unusual today
|
|
|
Post by Ace on Sept 22, 2023 12:56:39 GMT
uksoul / Ace Have some sympathy, you lot! 7 of my 8 loans with Kuflink are defaulted and the 8th is unsellable because it doesn't meet Kuflink's secondary market rules. No, I don't get that either. Sorry! You're either extremely unlucky or you're running down your account. I'm guessing it's the latter. You're bound to end up with a rump of defaults when running down. Hopefully the vast majority, if not all, will eventually repay. I currently have 1 loan in default among 61 loan parts. My partner has 4 loans in default among 111 loan parts. (Note that there may well be many duplicate loans among those loan parts).
|
|
|
Post by Ace on Sept 22, 2023 13:00:42 GMT
uksoul / Ace Have some sympathy, you lot! 7 of my 8 loans with Kuflink are defaulted and the 8th is unsellable because it doesn't meet Kuflink's secondary market rules. No, I don't get that either. I also have loans in default but very confident they will repay. Kuflink is excellent at recovering delinquent loans and has a perfect record at doing so. Im sure your loans will repay at some point, no doubt im in some of them along with Ace. Yeah default loans are exempt from the SM which other p2p platforms do as well. Kuflink don't have a perfect recovery record. They've admitted to losses on at least one lone, but they made up the shortfall from their own funds to lenders. No guarantee that this will happen in future.
|
|
|
Post by uksoul on Sept 22, 2023 13:04:25 GMT
I also have loans in default but very confident they will repay. Kuflink is excellent at recovering delinquent loans and has a perfect record at doing so. Im sure your loans will repay at some point, no doubt im in some of them along with Ace. Yeah default loans are exempt from the SM which other p2p platforms do as well. Kuflink don't have a perfect recovery record. They've admitted to losses on at least one lone, but they made up the shortfall from their own funds to lenders. No guarantee that this will happen in future. ok, no lenders have suffered is the main point i was trying to make. Do you think Kuflink is repaying investors back early whilst maintaining the loan for institutional investors? Seems odd to have so many performing loans repay back on one day
|
|
rscal
Posts: 914
Likes: 503
Member is Online
|
Post by rscal on Sept 22, 2023 13:33:48 GMT
9 loans for me. All are early redemptions. I have made a list:
|
|
|
Post by Ace on Sept 22, 2023 13:46:52 GMT
Kuflink don't have a perfect recovery record. They've admitted to losses on at least one lone, but they made up the shortfall from their own funds to lenders. No guarantee that this will happen in future. ok, no lenders have suffered is the main point i was trying to make. Do you think Kuflink is repaying investors back early whilst maintaining the loan for institutional investors? Seems odd to have so many performing loans repay back on one day That didn't occur to me! But, the post from rscal does make it sound suspicious!
|
|
|
Post by uksoul on Sept 22, 2023 14:04:17 GMT
9 loans for me. All are early redemptions. I have made a list: Thanks for this,
|
|
m2btj
Member of DD Central
Posts: 626
Likes: 749
|
Post by m2btj on Sept 22, 2023 15:31:53 GMT
uksoul / Ace Have some sympathy, you lot! 7 of my 8 loans with Kuflink are defaulted and the 8th is unsellable because it doesn't meet Kuflink's secondary market rules. No, I don't get that either. I also have loans in default but very confident they will repay. Kuflink is excellent at recovering delinquent loans and has a perfect record at doing so. Im sure your loans will repay at some point, no doubt im in some of them along with Ace. Yeah default loans are exempt from the SM which other p2p platforms do as well. I've had a few repay today too! Must say that Kuflink are on the ball when it comes to recovering loans. They work closely with the borrower but are not shy to go legal. Wish Assetz Capital were as good at repaying & recovering loans!
|
|