SteveT
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Post by SteveT on Jun 4, 2018 15:32:21 GMT
Will this tranche be underwritten after 7 days or the whole thing refinanced elsewhere ? It’s not clear but probably depends how close it’s got to filling.
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Jeepers
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Post by Jeepers on Jun 4, 2018 15:37:44 GMT
It's possibly bluffing ?
Same thing happened with Everton but wasn't refinanced.
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Post by spareapennyor2 on Jun 5, 2018 6:02:12 GMT
with x3 loans due to repay before Monday it might happen? i say DUE
Monday morning phone calls may be a bit late to get the repayments into moneything
sweepstake anyone
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Jeepers
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Post by Jeepers on Jun 8, 2018 11:34:53 GMT
62% left with only the weekend to go. Its not going to fill. Will it be pulled or just underwritten MoneyThing ?
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keystone
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Post by keystone on Jun 11, 2018 11:17:59 GMT
"This loan will be available to lenders for a further 7 days, until 12pm on Monday 11th June. "
Deadline has passed and still listed or is MT interpreting 12PM as Mindnight?
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Jeepers
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Post by Jeepers on Jun 11, 2018 11:20:30 GMT
"This loan will be available to lenders for a further 7 days, until 12pm on Monday 11th June. " Deadline has passed and still listed or is MT interpreting 12PM as Mindnight? That would be the 12th of June, I think they were bluffing.
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jlend
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Post by jlend on Jun 11, 2018 11:21:25 GMT
Well didnt fill by 12.
I would assume the borrower has been busy since the previous tranche in trying to source alternatives. It would have been obvious then that there was a risk in coming back again asking for another tranche.
You would hope conversations are reasonsbly well advanced rather than starting from scratch now. They seem like an organised group of people with the progress that has been made over the last few months reading the updates.
Of course the borrower could always offer to pay even more interest or cash back to fill the loan. This may still be a better option for them in the short term.
I assume they are not allowed to accept the lower amount that has already been matched as an alternative.
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james21
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Post by james21 on Jun 11, 2018 11:39:36 GMT
I wont be investing in anything from MT until I know what they are doing about getting my money back from Bollington
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r00lish67
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Post by r00lish67 on Jun 11, 2018 11:45:11 GMT
"This loan will be available to lenders for a further 7 days, until 12pm on Monday 11th June. " Deadline has passed and still listed or is MT interpreting 12PM as Mindnight? That would be the 12th of June, I think they were bluffing. Hey, give 'em a chance, they've only had 45 minutes. Lendy are still offering PBL199 as an un-drawndown loan with 2% CB..2 weeks since it drew down
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ptr120
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Post by ptr120 on Jun 11, 2018 12:48:35 GMT
Update on the site that this will now remain open until Friday at the request of the borrower.
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Jeepers
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Post by Jeepers on Jun 11, 2018 13:01:40 GMT
'the cash back offer will remain open until 12pm on Friday.'
So the loan will remain indefinitely but the CB will be removed on Friday.
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archie
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Post by archie on Jun 11, 2018 13:13:38 GMT
The amount being repaid later today (*) from MTBE924 would be sufficient to cover the remaining amount on this tranche. It will be interesting to see what happens. Edit : * Now 12th
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Post by spareapennyor2 on Jun 11, 2018 13:44:25 GMT
'the cash back offer will remain open until 12pm on Friday.' So the loan will remain indefinitely but the CB will be removed on Friday. Jeepersdon`t see that we give lenders until Friday to subscribe to this loan i read it if not filled will be pulled as before
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keystone
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Post by keystone on Jun 11, 2018 14:14:48 GMT
Come Friday it will probably be extended again.
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Post by jamesp on Jun 12, 2018 18:53:10 GMT
Seems to be gradually filling up - now under 45% remaining.
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