mary
Member of DD Central
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Post by mary on Mar 19, 2017 12:44:45 GMT
Anyone know the outcome of the recovery from PLB020?
Was all capital recovered? Was accrued interest recovered? Was the Provision Fund used to make investors whole for capital and/or accrued interest?
I think that success rate in recovering defaulted loans is a key measure of Platform capability and sustainability.
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elliotn
Member of DD Central
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Post by elliotn on Mar 19, 2017 12:53:56 GMT
All defaulted loans have been paid in full (3 afaik).
The pf data was apparently taken down from the website after 020 was paid (try the thread) and a statement was added that the PF would be replenished through platform cashflow.
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Mar 19, 2017 13:18:06 GMT
The pf was apparently taken down after 020 was paid (try the thread) Before anyone misinterprets this - The PF still exists; it's just the figures and stress test info has been removed from the SS site
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