fasty
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Post by fasty on May 30, 2014 23:07:45 GMT
Loan 5530 - Was due last Monday 26th May. Late. Another case of being crippled by the Bank Holiday, or should I have learnt a lesson by previous painful experiences with loans to law firms?
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dorset
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Post by dorset on May 31, 2014 8:26:21 GMT
Hope that it comes through Fasty.
In my experience with FC so called "law firms" should have their own risk category (somewhere below C-).
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oldgrumpy
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Post by oldgrumpy on May 31, 2014 8:44:00 GMT
Whatever happened to Top Tier (4325)? There is no trace on my "sold" list to show I ever sold it. Nothing on the loans parts pages. Were they kicked out by FC? ..... and blender.... 667 and I'm still alive and scoffing the yellow fruit...  |
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Post by flotsam1 on May 31, 2014 9:13:52 GMT
Top Tier (4325) had a CCJ so loan was downgraded and risk band removed but their next payment is not due until 17-Jun so it's not late yet.
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oldgrumpy
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Post by oldgrumpy on May 31, 2014 9:25:46 GMT
Top Tier (4325) had a CCJ so loan was downgraded and risk band removed but their next payment is not due until 17-Jun so it's not late yet. Thank you - found it now.
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fasty
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Post by fasty on May 31, 2014 10:05:48 GMT
Ah yes, 2799 and 4325; I had a bit of both but managed to sell. One of my better decisions. That, and stopping using autobid.
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Post by flotsam1 on Oct 22, 2014 12:04:45 GMT
Top Tier (4325) had a CCJ so loan was downgraded and risk band removed but their next payment is not due until 17-Jun so it's not late yet. Most recent payment was due 17-Oct now retry so looks as tho this one's about to default ...
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oldgrumpy
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Post by oldgrumpy on Oct 22, 2014 12:13:10 GMT
Maybe - but those "top tier" arrogants have a long history of total contempt towards their creditors. They eventually pay up when it suits them..... so far!  |
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baldpate
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Post by baldpate on Oct 22, 2014 13:54:55 GMT
Top Tier seem to be operating on the very brink of insolvency from a cash-flow perspective. I think they are juggling their creditors like so many hot potatoes, and every now and then they push one too far and the creditor takes legal action - I imagine the CCJ earlier this year was one such, which then got payed off. As I recall, Duedil shows a number of previous red-flagged events, which may have been attributable to something similar.
So, while I haven't entirely given up on them, the sooner FC starts rattling its sabre the better!
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