Loan "settled in full" but still on sale in SM?

fasty
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Loan "settled in full" but still on sale in SM? Jul 30, 2016 9:35:12 GMT jamesc likes this

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Post by fasty on Jul 30, 2016 9:35:12 GMT

A comment was placed on confectionery company "E" Loan 21693 yesterday (Friday) saying that it had been "settled in full today".

I was therefore puzzled that its status shows further scheduled payments, and indeed the loan remains on sale at a premium in the SM!

I think I would be a bit pi**ed off if I bought parts of a loan that had already been repaid.

Surely this set of circumstances shouldn't be possible?

blender Member of DD Central Posts: 5,719 Likes: 4,272	Loan "settled in full" but still on sale in SM? Jul 30, 2016 13:39:49 GMT mikeb likes this Quote Select Post Deselect Post Link to Post Back to Top Post by blender on Jul 30, 2016 13:39:49 GMT Adding a comment changes nothing because it is just words. They should have also removed the risk band. They did not, presumably because they are sloppy.

fasty Member of DD Central Posts: 1,038 Likes: 388	Loan "settled in full" but still on sale in SM? Jul 30, 2016 15:59:22 GMT Quote Select Post Deselect Post Link to Post Back to Top Post by fasty on Jul 30, 2016 15:59:22 GMT Well, yes. ... and if they fail to repay me in the next couple of days when the next payment is due, can I have another month's interest?

blender Member of DD Central Posts: 5,719 Likes: 4,272	Loan "settled in full" but still on sale in SM? Jul 30, 2016 16:46:10 GMT Quote Select Post Deselect Post Link to Post Back to Top Post by blender on Jul 30, 2016 16:46:10 GMT I think that is the problem they have. The loan is not repaid until the lenders have the cash - not when FC gets it. But the Borrower will not expect to pay another month, however long FC take.

Loan "settled in full" but still on sale in SM?

Post by fasty on Jul 30, 2016 9:35:12 GMT

Post by blender on Jul 30, 2016 13:39:49 GMT

Post by fasty on Jul 30, 2016 15:59:22 GMT

Post by blender on Jul 30, 2016 16:46:10 GMT