southport
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Post by southport on Aug 11, 2017 14:23:36 GMT
Still not receiving emails from Ablrate, has there been any updates?
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mickj
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Post by mickj on Aug 11, 2017 14:57:50 GMT
PM'd
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southport
Member of DD Central
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Post by southport on Aug 11, 2017 15:21:01 GMT
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Post by supernumerary on Aug 15, 2017 16:50:42 GMT
Speaking with them today as we are expecting the payment in soon. We hope to be able to give an update to all holders today. Any further news please?
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Post by ablrate on Aug 15, 2017 17:24:26 GMT
Speaking with them today as we are expecting the payment in soon. We hope to be able to give an update to all holders today. Any further news please? We sent an email saying payment on next interest day (which practically will be Friday)
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hazellend
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Post by hazellend on Aug 15, 2017 21:16:33 GMT
Once you've resolved this loan ablrate , please do make sure you look into 2 other ACF loan; 1000048 & 1000050 I really would advise that you look at the LR Docs (or if you want to save £6, just PM me). Hi CD, can you give us a coded hint as to a problem you have found. I have a significant chunk in both of these ones.
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Post by ablrate on Aug 16, 2017 9:04:39 GMT
Hi CD, can you give us a coded hint as to a problem you have found. I have a significant chunk in both of these ones. I've PM'd you I'm going to give ABL the courtesy and benefit of responding before I make any observations based on the LR docs We will have a response on these later today. We have contacted the borrower.
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hazellend
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Post by hazellend on Aug 16, 2017 9:11:54 GMT
I've PM'd you I'm going to give ABL the courtesy and benefit of responding before I make any observations based on the LR docs We will have a response on these later today. We have contacted the borrower. Hopefully the response is a good one because there is a lot of anxiety at the moment. Please make sure you at least come back with something even if you don't get a response because reassurance is required promptly
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Post by investorman on Aug 16, 2017 19:12:29 GMT
Update email on these now received. Possible early repayment on the cards.
Thanks for highlighting the issues Cooling Dude.
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ozboy
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Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Aug 16, 2017 19:20:21 GMT
Hi CD, can you give us a coded hint as to a problem you have found. I have a significant chunk in both of these ones. I've PM'd you I'm going to give ABL the courtesy and benefit of responding before I make any observations based on the LR docs Blimey, you've instigated a bit of swift ABL (re)action, Dude. You're one sharp dude, Dude!
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macq
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Post by macq on Aug 16, 2017 19:26:20 GMT
think a promotion from cool dude to the next level is required - now the Fonz
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oldgrumpy
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Post by oldgrumpy on Aug 16, 2017 19:33:14 GMT
Four cheers for Dude! Thanks to DBW for the comprehensive email update. It seems that certain contract details in the ABL-APF-borrower system have been less than efficiently managed. They (APF/ACF) assure us that they are "comfortable" with the status of our security. I hope ABL share this confidence, and will be ensuring that all ABL platform loans security is totally enforceable
However, we all know of certain borrowers elsewhere who have very devious solicitors, (one in particular has been allowed back on "the circuit" earlier this month - starting 9 September) who manage to weave very intricate webs round any glimmer of a legal weakness, when the borrower "prefers" to defer or avoid repayment.
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stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
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Post by stub8535 on Aug 16, 2017 19:33:36 GMT
Speedy reaction from abl on the two loans highlighted by cd, thanks again cd, one repaying and the other still under investigation but looking to repay. I wonder what is going to happen next with the acf loans, which make a large proportion of abl loans, if they repay all loans with finance via their own platform, huddle? Care needed?
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Post by Deleted on Aug 16, 2017 19:41:32 GMT
See ablrate no egg on Edwina's face...Thank you's due to cooling_dude for protecting our 'nest egg's'.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Aug 16, 2017 19:50:33 GMT
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