blender
Member of DD Central
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Post by blender on Dec 6, 2015 10:41:21 GMT
... I bought some to flip and still have a small amount. Others are probably in a potentially much worse position. No need to worry, it's impossible for this loan to default. Blender bought some and he has "a strict 'no more defaults' policy." Correctly remembered, bonfemme, but unfortunately that will not save lenders from this one. The more likely result is the final blending:- Attachment Deleted
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nick
Member of DD Central
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Post by nick on Dec 7, 2015 11:50:34 GMT
E £26k 60 mths
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min
Member of DD Central
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Post by min on Dec 7, 2015 12:00:20 GMT
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Post by nightmare on Dec 7, 2015 12:13:52 GMT
No sign of Baz, maybe he lives in Carlisle and his PC is waterlogged.
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registerme
Member of DD Central
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Post by registerme on Dec 7, 2015 12:21:46 GMT
18051 - £129k. 93% full but stinks horribly. I won't be touching it  . |
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oldgrumpy
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Post by oldgrumpy on Dec 7, 2015 12:40:56 GMT
18051 - £129k. 93% full but stinks horribly. I won't be touching it . With Foul Coprolite deeming it appropriate to even consider this kind of application as worthy of funding, I am glad my withdrawal from the platform is continuing steadily.  With all the Q & A highlighting the weakness, the company still refuses to reply.
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Post by nightmare on Dec 7, 2015 12:52:46 GMT
18051 - £129k. 93% full but stinks horribly. I won't be touching it . With Foul Coprolite deeming it appropriate to even consider this kind of application as worthy of funding, I am glad my withdrawal from the platform is continuing steadily. With all the Q & A highlighting the weakness, the company still refuses to reply. If you are in the process of removing your funds from FC then why are you bothering to investigate their current offerings?
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oldgrumpy
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Post by oldgrumpy on Dec 7, 2015 12:56:12 GMT
Obviously because what is going on now may influence further my future actions regarding the platform.
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registerme
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Post by registerme on Dec 7, 2015 12:56:49 GMT
Well, there's no harm in window shopping is there. Even in the vain hope that what it sells might have improved in some way......
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Post by nightmare on Dec 7, 2015 13:00:21 GMT
My apologies for not being able to read your mind especially as the tone of your original post strongly suggested that you had already made the decision to move away from the platform.
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oldgrumpy
Member of DD Central
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Post by oldgrumpy on Dec 7, 2015 13:09:49 GMT
My apologies for not being able to read your mind especially as the tone of your original post strongly suggested that you had already made the decision to move away from the platform. OK. I did wonder why you were interested in my reasons for still monitoring the platform. I'll still have some loan parts there for at least a year (mainly the building developments) and the gradual exit may take at least that long because not much the remaining portfolio is "junk". With another E being discussed as RBR before the first payment, and this one looking decidedly like incompetent management by the prospective borrower, questions are mounting on FC's own judgement. Maybe in 2016 FC will take a much improved stance, following the disappointing introduction of (lowish) fixed rates in 2015, whole loan procedure (rejects go to the main market thus favouring the whole loan fraternity) and the sudden apparent change at the same time in risk band allocations.
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nick
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Post by nick on Dec 7, 2015 14:08:19 GMT
18034 E £158k 24 mths
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kaya
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Post by kaya on Dec 7, 2015 14:48:02 GMT
Looks dodgy. No thanks.
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Post by betterthanworking on Dec 7, 2015 14:53:30 GMT
Big 'n bad. Should linger a while.
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SteveT
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Post by SteveT on Dec 9, 2015 7:59:53 GMT
No need to worry, it's impossible for this loan to default. Blender bought some and he has "a strict 'no more defaults' policy." Correctly remembered, bonfemme, but unfortunately that will not save lenders from this one. The more likely result is the final blending:- On the plus side, at least 17063 has made its first payment
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