Post by spyrogyra on Feb 23, 2016 10:31:58 GMT
I think FS might be taking soft approach towards borrowers who fail to pay back for months. Two examples : Persian carpets and Range-Rover Vogue SE. There should be a strict procedure what happens in case loans are not repaid. While a month extension would be welcome by the majority of lenders, if the number of lingering overdue loans starts growing, FS might find themselves in the same position as AC. Especially if the same soft approach is applied to the property loans.