|
Post by hazzo on May 25, 2016 9:06:43 GMT
Does anyone know if there is a problem at FK?
|
|
ben
Posts: 2,020
Likes: 589
|
Post by ben on May 25, 2016 9:13:00 GMT
There was two loans about 2 weeks ago. Generally FK does not issue as many loans as other sites
|
|
|
Post by hazzo on May 25, 2016 9:20:59 GMT
Thx Ben.
I'm obviously just a littlebit too impatient.
|
|
oldgrumpy
Member of DD Central
Posts: 5,087
Likes: 3,233
|
Post by oldgrumpy on Jun 8, 2016 19:05:25 GMT
They announced some months back when their main underwriter withdrew funding that there would be fewer loans for a while. My concern now is that there are so few that my repayments are mounting up far too much, and I wonder whether there is enough business flowing to sustain the salaries of all the team at Funding Knight Mansion. Will Funding Knight survive? (That should get Kay going ) Edit 16 June: Oh, it didn't. She's keeping schtum, so I wonder what's going on.
|
|
|
Post by hazzo on Jun 9, 2016 15:32:39 GMT
Hard to see a future with NO new loans for weeks.
|
|
|
Post by kayfundingknight on Jun 16, 2016 13:46:52 GMT
Apologies for not responding sooner, I have been in and out of the office a lot the last few days, I didn't mean to scare you.
We are disappointed that we have not had the opportunity to put forward any new auctions over the past few weeks.
Please bear with us - we are working hard to find the right opportunities. You may not be aware but we reject up to 90% of the applications that we receive and this does mean that the deal flow can prove lumpy.
We hope to be in a position to offer new auctions very soon.
Kay
|
|
|
Post by kayfundingknight on Jun 22, 2016 11:33:23 GMT
I am delighted to advise that we will have a new loan on our platform tomorrow - 4 shield with an 11% reserve.
Thank you for your patience.
Kay
|
|
oldgrumpy
Member of DD Central
Posts: 5,087
Likes: 3,233
|
Post by oldgrumpy on Jun 29, 2016 11:31:16 GMT
|
|
binkle
Member of DD Central
Posts: 57
Likes: 29
|
Post by binkle on Jul 25, 2016 22:08:56 GMT
Not seen updates here, or on site, or via email. I like FK and have a good amount across many loans so look forward to clear update...
|
|
ben
Posts: 2,020
Likes: 589
|
Post by ben on Jul 25, 2016 23:05:06 GMT
They are still carrying on at the moment but guess they are still trying to figure out where they go from here.
|
|
binkle
Member of DD Central
Posts: 57
Likes: 29
|
Post by binkle on Jul 26, 2016 19:44:18 GMT
All looks business as usual except for new loans, but I feel a need for reassurance that they will chart a positive plan, even if it is a merger... Mind I felt the same about R*Bs and they seem to be showing glimmers of getting act in order...
|
|