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Post by cyrilmadrid on Jan 1, 2016 9:48:42 GMT
Hello, I am new to SS. I did some investments recently, and some of the loans I invested in (20) now show a negative remaining time figure. So I understand the loan expired.
Do we get any visibility of the situation of the loans ? Do we know why it's not paid, when it's expected to be paid, ... I see one loan (21) overdue 145 days.
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ben
Posts: 2,020
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Post by ben on Jan 1, 2016 9:53:34 GMT
a lot of them are overdue and every so often SS send out an email with the latest updates on all the loans, generally that they are refinancing I am not sure at what point SS decide enough is enough as there appears to be a few that are overdue by quite a bit but at the moment SS keep paying interest on them, unsure if this comes for SS themselves or if the borrower are paying the interest on the loan
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merlin
Minor shareholder in Assetz and many other companies.
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Post by merlin on Jan 1, 2016 10:26:01 GMT
Hello, I am new to SS. I did some investments recently, and some of the loans I invested in (20) now show a negative remaining time figure. So I understand the loan expired. Do we get any visibility of the situation of the loans ? Do we know why it's not paid, when it's expected to be paid, ... I see one loan (21) overdue 145 days. If you look at the second item in this thread under Saving Stream list of loan updates you will find the answers you are looking for as the first entry.
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Post by Deleted on Jan 1, 2016 11:39:25 GMT
Hello, I am new to SS. I did some investments recently, and some of the loans I invested in (20) now show a negative remaining time figure. So I understand the loan expired. Do we get any visibility of the situation of the loans ? Do we know why it's not paid, when it's expected to be paid, ... I see one loan (21) overdue 145 days. Generally, even if overdue, those not defaulting are those where SS is confident enough of the repayment chain will work out (or is already in negotiation/legals to pass on to other financing structures)and is paying interest month after month (for those under the old T&C regime; none of the new ones is still even close to expiry) The updates are sent via email every week.The summary is here: link SS summary project list
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Post by dodgeydave on Jan 2, 2016 2:42:07 GMT
Hello, I am new to SS. I did some investments recently, and some of the loans I invested in (20) now show a negative remaining time figure. So I understand the loan expired. Do we get any visibility of the situation of the loans ? Do we know why it's not paid, when it's expected to be paid, ... I see one loan (21) overdue 145 days. Generally, even if overdue, those not defaulting are those where SS is confident enough of the repayment chain will work out (or is already in negotiation/legals to pass on to other financing structures)and is paying interest month after month (for those under the old T&C regime; none of the new ones is still even close to expiry) The updates are sent via email every week.The summary is here: link SS summary project listSorry to disagree. The updates are not weekly. They are sent out when Saving Stream has any changes to make. The updates are rather random
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ablender
Member of DD Central
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Post by ablender on Jan 2, 2016 14:33:47 GMT
Generally, even if overdue, those not defaulting are those where SS is confident enough of the repayment chain will work out (or is already in negotiation/legals to pass on to other financing structures)and is paying interest month after month (for those under the old T&C regime; none of the new ones is still even close to expiry) The updates are sent via email every week.The summary is here: link SS summary project listSorry to disagree. The updates are not weekly. They are sent out when Saving Stream has any changes to make. The updates are rather random Isn't that dodg(e)y?
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littleoldlady
Member of DD Central
Running down all platforms due to age
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Post by littleoldlady on Jan 2, 2016 17:26:58 GMT
Generally, even if overdue, those not defaulting are those where SS is confident enough of the repayment chain will work out (or is already in negotiation/legals to pass on to other financing structures)and is paying interest month after month (for those under the old T&C regime; none of the new ones is still even close to expiry) The updates are sent via email every week.The summary is here: link SS summary project listSorry to disagree. The updates are not weekly. They are sent out when Saving Stream has any changes to make. The updates are rather random I hope dd means that the timing of the updates are rather random
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