This is just another delay tactic, so the loan is not being defaulted by ReBS.
If the interest payments are kept upto date then ReBS take their foot off the bothered pedal.
This loan should have been repaid a long long long time ago.
I remember speaking to ReBS in 2015 and I re call ( I maybe wrong) that the director agreed to pay this loan off in full, but ReBS were holding out for something...
maybe some more interest payments , I'm not sure..
Anyway - Its now April 17.
ReBS this company is taking you and us for a ride. Please call in the security and get all of our capital back ASAP
Im also curious why the interest payments are all for the same amount , surely we are compounding interest ??
FYI
ReBS posted this 3 moths ago
January 10, 2017 at 18:12
Our legal recovery process will continue until a repayment plan is in place. Lenders should be aware that any delay in Mr D****** complying with our requests will not delay our recovery action.