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Post by ablrate on Jul 27, 2017 10:35:54 GMT
Interest was calculated on the full outstanding amount for 7 days. This does not work out correctly in my case! I received my repayment in two tranches but interest only on the first part!? Hi I am making the assumption that your username here is the same on ABL so forgive me if I am wrong. That account is showing interest paid on the first payment at 16.23 and the second interest payment at 18.33 Regards Ablrate
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Post by brummiefred on Jul 27, 2017 11:37:57 GMT
Forgive me, it's my error, using a small screen and not scrolling down!!
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justme
Member of DD Central
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Post by justme on Jul 27, 2017 21:53:12 GMT
Has all pf it been paid by now? O
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Post by ladywhitenap on Jul 28, 2017 12:57:54 GMT
Has all pf it been paid by now? O Not yet. As far as I can see there is about 29% still earning interest but the rest has been paid LW
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fasty
Member of DD Central
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Post by fasty on Aug 1, 2017 22:39:58 GMT
ablrate, is there any update on repayment of the balance of this loan? Thanks.
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elliotn
Member of DD Central
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Post by elliotn on Aug 2, 2017 0:49:23 GMT
ablrate, is there any update on repayment of the balance of this loan? Thanks. Huddle have a 16% loan coming up shortly, might be a good substitution when this one does repay .
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blender
Member of DD Central
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Post by blender on Aug 2, 2017 7:13:05 GMT
ablrate , is there any update on repayment of the balance of this loan? Thanks. Yes, agreed. My understanding (not contradicted by Ablrate) is that this loan is not secured by a second charge on the property, as promised in the loan proposal, and therefore it should not be permitted to continue.
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hazellend
Member of DD Central
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Post by hazellend on Aug 2, 2017 7:25:00 GMT
ablrate , is there any update on repayment of the balance of this loan? Thanks. Yes, agreed. My understanding (not contradicted by Ablrate) is that this loan is not secured by a second charge on the property, as promised in the loan proposal, and therefore it should not be permitted to continue. Happy for it to continue as it's paying 16% and await the update with interest.
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blender
Member of DD Central
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Post by blender on Aug 2, 2017 11:38:34 GMT
You could go to FC and buy a second-hand unsecured E loan which pays 22%. Plenty at 0.1% premium making first repayment in 2 days time. Myself, I am here for the Asset Backed Lending.
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hazellend
Member of DD Central
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Post by hazellend on Aug 2, 2017 12:58:30 GMT
You could go to FC and buy a second-hand unsecured E loan which pays 22%. Plenty at 0.1% premium making first repayment in 2 days time. Myself, I am here for the Asset Backed Lending. As am I, but this particular loan is now locked in
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jfm
Member of DD Central
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Post by jfm on Aug 2, 2017 16:54:07 GMT
You could go to FC and buy a second-hand unsecured E loan which pays 22%. Plenty at 0.1% premium making first repayment in 2 days time. Myself, I am here for the Asset Backed Lending. And those flippers will be very grateful to you for letting them realise an enhanced rate and taking all the risk onto yourself. PS For "making" please read "due to make".
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rogerbu
Member of DD Central
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Post by rogerbu on Aug 3, 2017 13:54:51 GMT
_@ablrate
Sorry wrong thread
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rogerbu
Member of DD Central
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Likes: 213
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Post by rogerbu on Aug 3, 2017 15:03:48 GMT
ablrate I believe that we are still waiting for a final payment on this loan, is there any news?
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Post by ablrate on Aug 4, 2017 8:40:36 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.
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southport
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Post by southport on Aug 7, 2017 17:46:57 GMT
Has there been an update? I am still not recieving emails from Ablrate
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