dave4
Member of DD Central
Cynical is a hobby not a lifestyle
Posts: 1,042
Likes: 598
|
Post by dave4 on Feb 19, 2021 19:54:40 GMT
I think there is a place for both updates, loan specific updated in text form ether e mail or web platform based, and a video update for a more general update, its nice to put a face to the words ect.
Silence on info that is expected on a date is not good for moral, even a couple of days late with a sorry its late but.. ect is ok at a push "worlds not a perfect place ect".
|
|
|
Post by ladywhitenap on Feb 22, 2021 11:05:43 GMT
I certainly don't mind video updates but the updates given in totality across all formats MUST cover all the issues as promptly as possible.
We now have two multiple borrowers in some sort of trouble as they are not meeting their repayment commitments and yet we don't have a proper explanation of the issues, or whatever measures are being taken to bring repayments back on track.
Even as a longterm fan and investor in ABL for the first time I'll not be filling up my IFISA this year.
LW
|
|
brush
Member of DD Central
Posts: 172
Likes: 154
|
Post by brush on Feb 23, 2021 17:07:31 GMT
Admin notes on ACI loans look reasonably positive.
|
|
|
Post by Badly Drawn Stickman on Feb 23, 2021 17:32:19 GMT
Admin notes on ACI loans look reasonably positive. Good to see Covid joining the cast of excuses, otherwise it looks remarkably like the same old same old to me. I'm sure it will eventually get to the finish line but I am bored with it now. The mini surge after the email cleared my small holding in the two still tradeable. No idea why a 'lord of the rings' type one email to inform them all was not employed.
|
|
|
Post by ablrate on Feb 23, 2021 18:57:21 GMT
Admin notes on ACI loans look reasonably positive. Good to see Covid joining the cast of excuses, otherwise it looks remarkably like the same old same old to me. I'm sure it will eventually get to the finish line but I am bored with it now. The mini surge after the email cleared my small holding in the two still tradeable. No idea why a 'lord of the rings' type one email to inform them all was not employed. 'Remarkably the same old same old' happens when you tell the truth the first time. Odd that.
|
|
|
Post by Badly Drawn Stickman on Feb 23, 2021 19:08:49 GMT
Good to see Covid joining the cast of excuses, otherwise it looks remarkably like the same old same old to me. I'm sure it will eventually get to the finish line but I am bored with it now. The mini surge after the email cleared my small holding in the two still tradeable. No idea why a 'lord of the rings' type one email to inform them all was not employed. 'Remarkably the same old same old' happens when you tell the truth the first time. Odd that. Technically also works the other way round. Wrong side of the bed?
|
|
|
Post by ablrate on Feb 23, 2021 19:16:42 GMT
'Remarkably the same old same old' happens when you tell the truth the first time. Odd that. Technically also works the other way round. Wrong side of the bed? lol..friendly banter
|
|
|
Post by df on Feb 23, 2021 19:23:03 GMT
Admin notes on ACI loans look reasonably positive. Their position on SM has notably shifted over the past 12 months or so. Used to be trading at around 96-97% for a long time.
|
|
|
Post by Badly Drawn Stickman on Feb 23, 2021 19:54:21 GMT
Technically also works the other way round. Wrong side of the bed? lol..friendly banter I think just reading it 7 times in quick succession amplified the feeling I had read it 7 times before not long ago. I don't dispute its truth given the World situation, and I am sure it is maybe more/equally as frustrating for you as me.
|
|
|
Post by ladywhitenap on Mar 2, 2021 10:47:42 GMT
ablrate Please can we have an update on 74. its been 2 weeks since the last one. Thanks LW
|
|
Balder
Member of DD Central
Posts: 646
Likes: 622
|
Post by Balder on Mar 26, 2021 12:17:05 GMT
Hey ablrate I think the admin note system must have failed? 133,100 late and 114 now a week late with ZERO admin notes!
|
|
ganymede
Member of DD Central
Posts: 301
Likes: 208
|
Post by ganymede on Mar 26, 2021 13:06:22 GMT
Hey ablrate I think the admin note system must have failed? 133,100 late and 114 now a week late with ZERO admin notes! I see a those and more in my list (defaults are excluded) today. Loan Id | Bid | Late # | From | To | 1000055 | ACI | 1 | 20/03/2021 |
| 1000065 | VSL | 1 | 24/03/2021 |
| 1000067 | SM | 28 | 16/10/2018 | - 16/03/2021 | 1000069 | AA | 1 | 12/01/2021 |
| 1000074 | APF | 1 | 16/03/2021 |
| 1000097 | ILE | 16 | 02/12/2019 | - 02/03/2021 | 1000100 | ACI | 1 | 25/03/2021 |
| 1000101 | MAT | 10 | 11/06/2020 | - 11/03/2021 | 1000102 | APF | 1 | 18/03/2021 |
| 1000104 | ILE | 17 | 25/11/2019 | - 25/03/2021 | 1000105 | ILE | 16 | 20/12/2019 | - 20/03/2021 | 1000114 | ACI | 1 | 19/03/2021 |
| 1000126 | CLE | 2 | 02/02/2021 | - 02/03/2021 | 1000129 | JRT | 4 | 16/04/2020 | - 16/01/2021 | 1000133 | P1 | 1 | 25/03/2021 |
|
|
|
|
Post by Badly Drawn Stickman on Mar 26, 2021 21:27:11 GMT
Hey ablrate I think the admin note system must have failed? 133,100 late and 114 now a week late with ZERO admin notes! I see a those and more in my list (defaults are excluded) today. Loan Id | Bid | Late # | From | To | 1000055 | ACI | 1 | 20/03/2021 |
| 1000065 | VSL | 1 | 24/03/2021 |
| 1000067 | SM | 28 | 16/10/2018 | - 16/03/2021 | 1000069 | AA | 1 | 12/01/2021 |
| 1000074 | APF | 1 | 16/03/2021 |
| 1000097 | ILE | 16 | 02/12/2019 | - 02/03/2021 | 1000100 | ACI | 1 | 25/03/2021 |
| 1000101 | MAT | 10 | 11/06/2020 | - 11/03/2021 | 1000102 | APF | 1 | 18/03/2021 |
| 1000104 | ILE | 17 | 25/11/2019 | - 25/03/2021 | 1000105 | ILE | 16 | 20/12/2019 | - 20/03/2021 | 1000114 | ACI | 1 | 19/03/2021 |
| 1000126 | CLE | 2 | 02/02/2021 | - 02/03/2021 | 1000129 | JRT | 4 | 16/04/2020 | - 16/01/2021 | 1000133 | P1 | 1 | 25/03/2021 |
|
Mainly just thinking out loud here......... 133 obviously enters its final planned month after this 'late' payment is addressed, my interest is mainly academic now having sold out my holding. Presumably unless the exit sign is lit a relatively comprehensive update will be needed to 'add an extension' if needed. Could have wider implications given the many linked loans so really should be focusing minds.
|
|
blender
Member of DD Central
Posts: 5,719
Likes: 4,272
|
Post by blender on Mar 27, 2021 8:20:55 GMT
I agree about 133. If Ablrate wished to worry us about this lender, then failing to get the payment on 133 made or to provide comment would be a good way of rattling the lenders. Unimpressed.
|
|
GreenZero
Member of DD Central
The early bird may get the worm, but it's the second mouse who gets the cheese
Posts: 225
Likes: 318
|
Post by GreenZero on Mar 27, 2021 11:21:00 GMT
Payment on 114 being made on 29/3 along with an update apparently
|
|