mikes1531
Member of DD Central
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Post by mikes1531 on Dec 19, 2016 1:38:29 GMT
On checking this yesterday i was infirmed ... I get sick of these long drawn-out sagas as well! 
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09dolphin
Member of DD Central
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Post by 09dolphin on Dec 23, 2016 19:06:49 GMT
Re the updates posted today (23/12/16) Wouldn't it be easier to just say there is nothing to report and, as we assume everyone is on holiday for the next week, we are also shutting down for Christmas and our next "update" will be 2 weeks hence.
Asking borrowers "to pay interest" seems pointless. If they could have paid the interest they would. So are FS stating that asking for interest to be paid is something new, something they haven't done before in the past few months? By implication FS do NOT ask late payers to pay interest, otherwise why would they say they are only now asking for interest to be paid, several months after the loan should have been repaid or renewed. I think if I was a borrower I would ignore this "request" as I would know nothing will happen for at least another 2 weeks and probably considerably longer based on the track record of FS.
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SteveT
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Post by SteveT on Dec 23, 2016 19:57:20 GMT
The couple of updates I saw that were along those lines related to loans where the borrowers had claimed to be almost ready to repay in full for some time now. Instead, having them pay up the interest to date (maybe 7-8% of the total due) and then renewing the loans makes sense to me.
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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 Jan 2, 2017 19:40:52 GMT
New year same old excuses on overdue loans, funds expected in January, they dont say in which year!, and funds still awaited. Really!
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