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Post by p2pinfo on May 5, 2016 11:52:15 GMT
Seems to me that FC are giving out the excuses of the Bank Holiday weekend slowing down the payments, but one loan (14512) was defaulted today after being just 7 days late! Yet other loans I had the delay was way in excess on this with messages like 'the borrower is unresponsive' etc and it managed not to default.
Is it not jumping the gun a bit?
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Post by GSV3MIaC on May 5, 2016 13:10:38 GMT
Is that not the one with the previous comment:
"This loan has been downgraded as we have received notification of a large CCJ registered against the business. We are in the process of contacting the borrower to ascertain their position and will update investor with any further developments. Wed 13th April 07:53"
if so, you can understand why 'a bit late' is more than 'a bit concerning'. 8>.
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