hazellend
Member of DD Central
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Post by hazellend on Nov 14, 2016 17:39:30 GMT
Anybody invested in this?
The company that makes the wind turbines has gone bankrupt.
The wind turbines are secured by a first charge at 69% LTV but with the parent company going bust no longer have a warranty.
I'm worried about my investment here. Hoping to find others who are in the loan to discuss.
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adrianc
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Post by adrianc on Nov 14, 2016 17:57:50 GMT
Not invested, but did the warranty cover the full duration of the loan?
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hazellend
Member of DD Central
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Post by hazellend on Nov 14, 2016 18:01:36 GMT
Not invested, but did the warranty cover the full duration of the loan? loan is for 3 years and was covered by the warranty
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jjc
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Post by jjc on Nov 22, 2016 17:19:56 GMT
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ablender
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Post by ablender on Nov 26, 2016 10:56:35 GMT
Which p2p platform?
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hazellend
Member of DD Central
Posts: 2,363
Likes: 2,180
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Post by hazellend on Sept 12, 2017 18:38:14 GMT
Just incase anybody is interested, I am pleased to report these loans have been paid back in full with interest.
Small bit of capital still to come but sounds like it is sorted.
Looks like these turbines were correctly valued unlike one on another website that shall not be named where they have recovered less than 50% of the loan amount.
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