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Post by bonfemme on Jun 4, 2017 5:21:41 GMT
And it's a farewell from me too. This platform is responsible for my only capital losses in P2P in the seven years I have been investing. Even FC's updates on defaults were a bit better than FS in my opinion, and their recoveries very much better (to date). The lack of communication is incredible.
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r1200gs
Member of DD Central
Posts: 1,336
Likes: 1,883
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Post by r1200gs on Jun 4, 2017 8:13:47 GMT
And it's a farewell from me too. This platform is responsible for my only capital losses in P2P in the seven years I have been investing. Even FC's updates on defaults were a bit better than FS in my opinion, and their recoveries very much better (to date). The lack of communication is incredible. I know these things move slowly, but this is getting silly. In this case I am suspecting that no news is bad news.
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peteuk
Member of DD Central
Posts: 120
Likes: 100
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Post by peteuk on Jun 5, 2017 7:55:18 GMT
I contacted likita on wedneday asking where was the promissed update she said it would be out that night, then thursday same reply ,isuggested that investers were being treated with contempt she agreed. Friday came same reply will be out over weekend. Its now monday what also concerns me is that FS were concerned about the charges the recievers were making in a previous update, this loan has gone from a ( we are calling in recievers to protect investers position to carte blanche for recievers to rip us off FS please reply)
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r1200gs
Member of DD Central
Posts: 1,336
Likes: 1,883
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Post by r1200gs on Jun 5, 2017 8:21:49 GMT
I contacted likita on wedneday asking where was the promissed update she said it would be out that night, then thursday same reply ,isuggested that investers were being treated with contempt she agreed. Friday came same reply will be out over weekend. Its now monday what also concerns me is that FS were concerned about the charges the recievers were making in a previous update, this loan has gone from a ( we are calling in recievers to protect investers position to carte blanche for recievers to rip us off FS please reply) I admit to having no experience or knowledge of what receivers do and charge, but it does not take much research to find evidence of people deeply unhappy with their "services" and especially, their charges. Regardless, this is yet another loan that we urgently need updating. Unlike our ridiculous hole in the wall fiasco, I have proper money in this one.
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kermie
Member of DD Central
Posts: 691
Likes: 462
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Post by kermie on Jun 5, 2017 20:54:43 GMT
Check your inbox for an update today.
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ashtondav
Member of DD Central
Posts: 1,814
Likes: 1,092
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Post by ashtondav on Jun 6, 2017 6:39:07 GMT
Do tell. What was in the update?
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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 6, 2017 8:12:27 GMT
Do tell. What was in the update? After studying the report I have come to the conclusion that recovery will be somewhere in the range 0 - 100%
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r1200gs
Member of DD Central
Posts: 1,336
Likes: 1,883
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Post by r1200gs on Jun 6, 2017 8:37:28 GMT
Do tell. What was in the update? After studying the report I have come to the conclusion that recovery will be somewhere in the range 0 - 100% I removed my post on the update, something I was already considering when another member also suggested it was a bit too informative. I agreed. Besides, we know nothing of any use because although some ideas of costs have been provided, absolutely nothing regarding a potential sale price in it's current unfinished condition. I'm also left wondering if this turbine is the only possible source of funds for lenders.
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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 6, 2017 15:27:26 GMT
After studying the report I have come to the conclusion that recovery will be somewhere in the range 0 - 100% I removed my post on the update, something I was already considering when another member also suggested it was a bit too informative. I agreed. Besides, we know nothing of any use because although some ideas of costs have been provided, absolutely nothing regarding a potential sale price in it's current unfinished condition. I'm also left wondering if this turbine is the only possible source of funds for lenders. Without a working turbine I fear the land will be worth nothing as the cost of removing the turbine will probably exceed the land value.
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Post by wottalot on Jun 6, 2017 15:52:35 GMT
I removed my post on the update, something I was already considering when another member also suggested it was a bit too informative. I agreed. Besides, we know nothing of any use because although some ideas of costs have been provided, absolutely nothing regarding a potential sale price in it's current unfinished condition. I'm also left wondering if this turbine is the only possible source of funds for lenders. Without a working turbine I fear the land will be worth nothing as the cost of removing the turbine will probably exceed the land value.The land is only leased, so there's no value there I'm afraid. The only real value lies in the ability to capitalise on the generation contract. So the only hope - and this is surely driving FS - is for someone to take on the 'nearly completed' turbine as is. Fortunately, this will appeal to any alternative energy business looking to extend its holdings with minimal effort, hence the interest shown.
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phd
Posts: 35
Likes: 10
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Post by phd on Aug 1, 2017 21:40:27 GMT
Email just been sent out to investors with update
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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 Aug 2, 2017 17:24:15 GMT
Email just been sent out to investors with update Received it but not allowed to reveal contents. My mood: ....
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merlin
Minor shareholder in Assetz and many other companies.
Posts: 902
Likes: 302
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Post by merlin on Aug 2, 2017 18:10:55 GMT
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oldgrumpy
Member of DD Central
Posts: 5,087
Likes: 3,233
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Post by oldgrumpy on Aug 2, 2017 23:06:07 GMT
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Post by scores on Aug 2, 2017 23:53:02 GMT
What has this borrower spent £1,000,000 pound on then?
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