mikeb
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Post by mikeb on Mar 31, 2014 10:44:36 GMT
5590 (Foreign Currency) -- despite panic last minute bidding, failed to reach 100% funding. Is this the first that has failed-to-fund for ... ages?
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jimbo
Posts: 234
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Post by jimbo on Mar 31, 2014 10:51:50 GMT
I believe it is. First one I can think of since around the middle of 2012, when I vaguely recall there was one.
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wysiati
Member of DD Central
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Post by wysiati on Mar 31, 2014 11:01:51 GMT
I believe it is. First one I can think of since around the middle of 2012, when I vaguely recall there was one. Loan # 1335 (£100k 36M C) in July 2012. Relisted at £85k and funded at the second attempt. Has since entered liquidation (plenty of warning signs in the Q&A etc). Not clear whether repayments are ongoing. That was the first auction failure since the early days I think.
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oldgrumpy
Member of DD Central
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Post by oldgrumpy on Mar 31, 2014 16:10:21 GMT
What chance three £150K B loans coming up within minutes tomorrow? 22 hours to go, and none of them up to 60% funded yet, and two more biguns shortly before that! The abrupt increase of loans from about 40 to over 100 early this year must surely be because a new "agent" is introducing them, and FC cannot afford to say "no". (Then an anonymous £150K B first thing Wednesday).
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