fp
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Post by fp on Dec 29, 2016 11:12:25 GMT
<SNIP> Edit: By my count, including this new pipeline loan, roughly about £16,500,000 of current loans across SS/MT are attributable to this borrower. If he's paying 18% interest to the platform (I obviously have no idea, should that be more?), that's £250k per month interest. Not a small sum!
Not that I'm keeping count or anything....I am  and thats the exact figure (before this loan goes live, £19,931,402 once this one goes live, assuming the numbers don't change)
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Post by Deleted on Dec 29, 2016 11:15:29 GMT
But, I bet, somewhere, he will be called a high net wealth individual.......
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r00lish67
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Post by r00lish67 on Dec 29, 2016 11:38:37 GMT
£18,074,792
Not that I'm keeping count or anything.... I am and thats the exact figure (before this loan goes live, £19,931,402 once this one goes live, assuming the numbers don't change) I knew that was going to happen! Serves me right for not adding the standard " Cooling Dude will correct me if I'm wrong" caveat 
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Post by GSV3MIaC on Dec 29, 2016 12:04:10 GMT
But when this one goes live, isn't the related one over on MT supposed to evaporate?
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fp
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Post by fp on Dec 29, 2016 12:18:12 GMT
But when this one goes live, isn't the related one over on MT supposed to evaporate? Yes, but that is only £975k combined, this will increase his lending by around £1.85m, give or take a few grand.
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elliotn
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Post by elliotn on Dec 29, 2016 12:33:28 GMT
Re 1/4 mill mly interest most of that will be us paying ourselves! (What happens to the land that doesn't come off will be of more interest  .) |
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and thats the exact figure (before this loan goes live, £19,931,402 once this one goes live, assuming the numbers don't change)
.)