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Post by spareapennyor2 on Jun 27, 2020 12:59:13 GMT
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keystone
Member of DD Central
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Post by keystone on Jun 27, 2020 14:05:51 GMT
Ok, I just went through all transactions and checked my account.
The last interest payment I have recorded was paid on the 02/02/19.
An additional 2% interest pa was added on all outstanding interest payments on the 01/05/19.
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tommo
Member of DD Central
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Post by tommo on Jun 27, 2020 14:50:13 GMT
What date were we paid interest up to on this loan? By my records: Scotland Advance 1 - 19/01/2019 Scotland Advance 2 - 02/02/2019 Scotland Advance 3 - 26/01/2019 Arrears @15% up to today is about 560k.
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hazellend
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Post by hazellend on Jun 27, 2020 17:33:31 GMT
What date were we paid interest up to on this loan? By my records: Scotland Advance 1 - 19/01/2019 Scotland Advance 2 - 02/02/2019 Scotland Advance 3 - 26/01/2019 Arrears @15% up to today is about 560k. 560k is such a small amount. It’s pretty obvious if they can’t come up with that then they are not in the correct league for anybody to consider lending them mega bucks. I agree MT have not handled this one well, BUT, if this loan had been Lendy there would probably have been several more millions lent in further tranches, with no interest, so it would be 200% LTV by now, with a waterfall. I know Lendy was corrupt and fraudulent, but at least MT tried to do what they thought was best, just they were too naive/gullible.
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Post by waryinvestor on Jun 28, 2020 10:05:17 GMT
What date were we paid interest up to on this loan? By my records: Scotland Advance 1 - 19/01/2019 Scotland Advance 2 - 02/02/2019 Scotland Advance 3 - 26/01/2019 Arrears @15% up to today is about 560k. Seems correct - acc to my records, Adv 1 was last paid (Int) on 19/01/19 - I only hold that. But keystone, you can still login and download all the transactions and check for yourself.
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Post by Badly Drawn Stickman on Jul 7, 2020 10:29:31 GMT
An update about an update on site.
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greatmarko
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Post by greatmarko on Jul 7, 2020 10:58:30 GMT
An update about an update on site. " we expect to be in a position by the end of next week as to the next course of action" #KickingTheCan
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Post by Badly Drawn Stickman on Jul 7, 2020 11:31:33 GMT
An update about an update on site. " we expect to be in a position by the end of next week as to the next course of action" #KickingTheCan It is just possible the can has something in it this time, although it did sound a bit like worms.
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mw
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Post by mw on Jul 16, 2020 11:42:06 GMT
This one's a bit like that song... If tomorrow never comes!
Wonder if we'll get an update...
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micky
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Post by micky on Jul 17, 2020 14:11:58 GMT
Still waiting for the good news:)
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ptr120
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Post by ptr120 on Jul 17, 2020 15:46:43 GMT
Still waiting for the good news:) I'm still waiting for news. I'm less convinced it'll be good!
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mw
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Post by mw on Jul 17, 2020 19:05:23 GMT
At least something would be nice to say sorry nothing ready yet... Surely they're not going to post something at 8:05pm! Are they?
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ptr120
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Post by ptr120 on Jul 20, 2020 17:30:56 GMT
MoneyThing continuing to treat us like mushrooms. No evidence yet of administrators being appointed and the update at the end of last week has failed to materialise. Is there a public holiday on the IOM that the rest of the world don't know about which might be a valid reason for not updating us about what they are doing with our money?
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mw
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Post by mw on Jul 20, 2020 20:01:01 GMT
You'd hope it to be good news by the amount of time we've been waiting. Presumably if it was bad news should it take this long to say we're appointing administrators? Then again nothing surprises me!
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ptr120
Member of DD Central
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Post by ptr120 on Jul 21, 2020 7:08:28 GMT
You'd hope it to be good news by the amount of time we've been waiting. Presumably if it was bad news should it take this long to say we're appointing administrators? Then again nothing surprises me! Except they have already said they were appointing administrators but then have failed to do so. This was belatedly explained away as discussions (which would be completed in short order) had been initiated with someone who wanted to buy out the debt pre-administration. A timeline was set by which we would be updated. Yet again, this deadline was not kept. There may well be something in the offing but I strongly suspect it will involve a haircut of sorts. How much, we have no choice but to wait until the platform can be bothered to update us.
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