littleoldlady
Member of DD Central
Running down all platforms due to age
Posts: 3,045
Likes: 1,862
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Post by littleoldlady on Jun 20, 2016 12:26:57 GMT
For the last few years I've been running down my loan book because I wanted to be able to set my own interest rates and this is no longer possible. As time goes on, the proportion of defaulted loans increases because the up-to-date ones are gradually paid off. I can't sell off loans that have defaulted, so will I be left with a small rump of defaulted loans for ever? Some of them still make small payments from time to time, even if it's just a few pence, but I'd like to get rid of them eventually. I too have been running down my book so have not taken much notice of changes on the site. The amount left is not large but will drag on for over a year so I thought I might try and get rid of it by Rapid Returns but I can't see this on the site. Have they got rid of this facility? Is there no way of bailing out?
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Post by wyndstryke on Jun 20, 2016 13:27:09 GMT
'Sell Loans' from the summary page (after having expanded out the appropriate product).
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littleoldlady
Member of DD Central
Running down all platforms due to age
Posts: 3,045
Likes: 1,862
|
Post by littleoldlady on Jun 20, 2016 15:02:04 GMT
Thanks. All up for sale.
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