chrisf
Member of DD Central
Posts: 224 
Likes: 67
|
Post by chrisf on Jun 14, 2014 7:27:42 GMT
Ah, I finally saw why always £960 .. It's so you can mark it up +3%, add interest, and still sell for <£1000. I can't imagine a very active secondary market for £1000 loan parts though, or that £1040 would break the camel's back. Anyway, no sign of tal**** left in this one, just a screwed up rate for the poor borrower. Isn't this a bit like someone who tries to stop the petrol pump on exactly £20.00 and then goes in and pays on a credit card? wow, those £960 parts are up for sale at 12.7%, even when there are loads of much smaller parts at up to 13.5%. Crazy.
|
|
oldgrumpy
Member of DD Central
Posts: 5,087
Likes: 3,233
|
Post by oldgrumpy on Jun 16, 2014 8:10:34 GMT
2) The Q&A say there is a mistake on the first page security listing. Is it wise to make an error and then countermand it later in the small print? .......We should be long past "teething issues" now. They don't seem to be going away, but the excuses are getting more inventive. So I guess that's ... what's the word for progress, but backwards?Regress  Hi, Mike! 
|
|
|
|
Post by GSV3MIaC on Jun 16, 2014 12:41:11 GMT
Ah, I finally saw why always £960 .. It's so you can mark it up +3%, add interest, and still sell for <£1000. I can't imagine a very active secondary market for £1000 loan parts though, or that £1040 would break the camel's back. Anyway, no sign of tal**** left in this one, just a screwed up rate for the poor borrower. Isn't this a bit like someone who tries to stop the petrol pump on exactly £20.00 and then goes in and pays on a credit card? wow, those £960 parts are up for sale at 12.7%, even when there are loads of much smaller parts at up to 13.5%. Crazy. I guess he is aiming at people who have a 'maximum part value' filter set for £1,000? I mean there might be ONE such person on the planet?! But there isn't a minimum part value filter, so the buyer will have to wade through all the small, better value, parts first?!
|
|
mikeb
Posts: 1,072
Likes: 472
|
Post by mikeb on Jun 17, 2014 13:40:42 GMT
Oh well, missteaks and all, it's fallen down the plug hole -- "the property has fallen through". So two full listings and still no loan at the end  |
|
