Originally posted by _V_
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Peer to Peer lending and Coronavirus
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merely at clientco for the entertainment -
Originally posted by eek View Postalready sold (last week) and as I did I discovered 10% of the loans are in a default state so can't be sold...
There is a 1% loan sale fee applied to proceeds from successful sales.
Additionally, if the loans you're selling are worth less than equivalent loans today, you will pay a market rate adjustment to the purchasing investor. This means you may not receive the full value of outstanding capital of your loan if it has a lower projected return than an equivalent new loan today.
Be aware that capital you receive for selling loans that have previously been in arrears may be less than you’d receive for loans that haven’t ever been in arrears.First Law of Contracting: Only the strong surviveComment
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Originally posted by scooterscot View PostYeah. Fook em.I am what I drink, and I'm a bitter manComment
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Originally posted by Whorty View PostYou wont be saying that once the Tories sell us out to Trump as the 51st StateComment
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Originally posted by BrilloPad View PostIt will be interesting to see how Boris responds to Anne Sacoolas getting promoted. I reckon he will suck Trump's dick. I hope I am wrong.I am what I drink, and I'm a bitter manComment
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Originally posted by BrilloPad View PostIt will be interesting to see how Boris responds to Anne Sacoolas getting promoted. I reckon he will suck Trump's dick. I hope I am wrong.
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