GreenZero
Member of DD Central
The early bird may get the worm, but it's the second mouse who gets the cheese
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Post by GreenZero on Sept 6, 2021 18:08:58 GMT
Have emailed Emma for an update .Will share when I have an answer What is the etiquette here. Do we now whinge at webbski9 for the lack of update? Or is it just that he has not heard back from Emma? Three areas (F*W/W*L/F*R) are now behind on payments. I'm sorry but an admin note of barely two lines five days ago citing bank issues does not butter the parsnips. ablrate
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blender
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Post by blender on Sept 6, 2021 19:15:19 GMT
Parsnips also not available due to lack of HGV drivers.
I don't think we need updates while criston is intercepting the calls and reporting. I am wondering if the next installment will mention Gr**ns*ll.
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blender
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Post by blender on Sept 6, 2021 19:53:23 GMT
Parsnips also not available due to lack of HGV drivers. I don't think we need updates while criston is intercepting the calls and reporting. I am wondering if the next installment will mention Gr**ns*ll. Answerphone was on today, no message left. Gr**ns*ll. Yes, I was thinking exactly the same thing. Spooky - even the same asterisks. Clearly you have 'powers'.
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Post by webbski9 on Sept 7, 2021 8:15:29 GMT
Correct Greenzero...no response as yet .....
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blender
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Post by blender on Sept 7, 2021 8:47:34 GMT
We seem to have our response on ASMX just a couple of minutes ago.
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blueblazer
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Post by blueblazer on Sept 7, 2021 9:06:42 GMT
Answerphone was on today, no message left. Gr**ns*ll. Yes, I was thinking exactly the same thing. Spooky - even the same asterisks. Clearly you have 'powers'. You guys are good!!
All loans paused and brief email received with update coming soon.
Gr**ns*ll already mentioned and going to be the reason behind it all??
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jonno
Member of DD Central
nil satis nisi optimum
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Post by jonno on Sept 7, 2021 9:08:25 GMT
We seem to have our response on ASMX just a couple of minutes ago. Yes, and the recent email Batten down the hatches!
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Post by webbski9 on Sept 7, 2021 9:10:50 GMT
Hold on to your hats ...Gll are involved :-((((
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GreenZero
Member of DD Central
The early bird may get the worm, but it's the second mouse who gets the cheese
Posts: 222
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Post by GreenZero on Sept 7, 2021 9:21:48 GMT
ablrate I hope the update contains the reason for allowing the draw down of 165
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Post by webbski9 on Sept 7, 2021 9:40:32 GMT
Good point GZ.There needs to be a VERY good reason to allow that drawdown . Taking the F****** loans out of the Loan Exchange just shows how important they are to Ablrate...and us investors
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blender
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Post by blender on Sept 7, 2021 9:58:47 GMT
webbski9 suggest you remove the name from the post. I wish we had got this all wrong! We were informed of the situation in the message from the chairman attached to the loans and the implications were made clear. We will need to be patient and give the borrower the space to develop alternative lines of credit/refinancing. The underlying propositions are probably good, the borrower group has an excellent track record here and the problems here are not of the borrower's making. Yes I do have a tidy sum paused. However, allowing the drawdown of 165 looks like a mistake.
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ptr120
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Post by ptr120 on Sept 7, 2021 12:54:28 GMT
A fairly big update has just been posted
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TitoPuente
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Post by TitoPuente on Sept 7, 2021 12:57:49 GMT
The update is very positive given the circumstances. It would be benefitial to everyone involved that no details are revealed here or elsewhere.
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registerme
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Post by registerme on Sept 7, 2021 13:25:07 GMT
I only have shrapnel in a few of these, for reasons I've explained before, but, yes, having read the updates, fair play to the principal and ablrate. It's an unusual set of circumstances and I applaud the transparency.
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GreenZero
Member of DD Central
The early bird may get the worm, but it's the second mouse who gets the cheese
Posts: 222
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Post by GreenZero on Sept 7, 2021 13:33:28 GMT
Agree with TitoPuenteHaving read this update I am comfortable with AF's proposal given the difficult situation outlined. However, there are two points that do irk me. 1. Their first payment was missed on 27/8, why did we have to wait ten days to receive this update? 2. The drawdown of 165 was on the same day, 27/8, that they missed their first payment indicating they must have been already aware then of their financial problems. Whilst I have every sympathy for their position, the lack and delay of communication I find disrespectful.
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