LinkedFinance - new website

BrokenArrows · 30-08-2019 10:45am

Im based in the UK so may not be relevant to most here.

Im looking at www.crowdproperty.com

So they have a crowd funded loan system for property developers who are building/renovating property to flip. So loan terms are on average 14 Months according to the sites currently active loans. Property is sold on completion and loan is paid off.

Other residential loans which are not sold on completion are advertised as being refinanced with another lender on completion.

https://www.crowdproperty.com/statistics

On average returns are 8%, but if you are resident in the UK they have an ISA wrapper on it, so any interest earned is tax free which makes that the equivalent of a 13% return for a higher rate tax payer.

Minimum investment period is 6 months and you invest in a specific property.

Currently there are no outstanding Loans on the site. Registered investors are emailed 15 minutes prior to a new project going live and seem to get funded within 1-2 minutes with the average loan at the moment of 370k

I put my toe into it at the moment with a £500 investment in todays property over a 10 month period with a return of 8% tax free just to see how the site operates.

Operating since 2015 they currently have a 0% default rate over 107 properties funded and 0% are behind schedule on repayments.

They also have an auto invest feature where you define the maximum amount of money to auto invest per project (can be a maximum of 20% of your currently deposited cash). If there are more auto investors then the project requires then your auto investment amount will be reduced so that every auto investor is still invested.

Looks pretty good.

at9qu5vp0wcix7 · 01-09-2019 12:45pm

I have about 75% of my original investment withdrawn at this point. The updates on late loans are hilarious.

"The July re-payment has not yet been brought up to date. I sent an email today [4 weeks after the payment was due] requesting immediate payment.".

If a deadline was missed in work and I sent an email almost a month later, my boss would give me the chop! Why not make a phone call a day after payment was due? Why not go on a weekly/monthly day trip around to the businesses which are late / default? Many of the companies in default are actively trading, responding to emails / business inquiries, but LF can't get an update on the repayment status.

Rogermillaybig · 02-09-2019 2:06pm

pulling all my cash out , which was a fair amount lodged over four years , 12% of my current loans are in default about half of which i would never have selected had i been able to bid using the old method.
I had a strategy which was working fine with an acceptable amount of defaults before autobid came along.

Cute Hoor · 02-09-2019 3:23pm

BrokenArrows wrote: »

Im based in the UK so may not be relevant to most here.

Im looking at www.crowdproperty.com

So they have a crowd funded loan system for property developers who are building/renovating property to flip. So loan terms are on average 14 Months according to the sites currently active loans. Property is sold on completion and loan is paid off.

Other residential loans which are not sold on completion are advertised as being refinanced with another lender on completion.

https://www.crowdproperty.com/statistics

On average returns are 8%, but if you are resident in the UK they have an ISA wrapper on it, so any interest earned is tax free which makes that the equivalent of a 13% return for a higher rate tax payer.

Minimum investment period is 6 months and you invest in a specific property.

Currently there are no outstanding Loans on the site. Registered investors are emailed 15 minutes prior to a new project going live and seem to get funded within 1-2 minutes with the average loan at the moment of 370k

I put my toe into it at the moment with a £500 investment in todays property over a 10 month period with a return of 8% tax free just to see how the site operates.

Operating since 2015 they currently have a 0% default rate over 107 properties funded and 0% are behind schedule on repayments.

They also have an auto invest feature where you define the maximum amount of money to auto invest per project (can be a maximum of 20% of your currently deposited cash). If there are more auto investors then the project requires then your auto investment amount will be reduced so that every auto investor is still invested.

Looks pretty good.

The equivalent in Ireland is probably www.propertybridges.ie, up and running about a year, 8 projects funded to date, roughly 8% pa return, plenty of time (so far anyway) to decide if you want to invest in each project or not.

garrettod · 02-09-2019 6:48pm

Shelflife wrote: »

Banks are very slow to get all the paperwork together and also very reluctant to actually lend money, ironic as it sounds.

They will lend to people who don’t need to get a loan but not to those who need it.

LF is dearer but easier to actually get a loan with .

I don't think that's accurate.

Banks want detailed information to support the Borrower's ability to repay, past banking record, security available to back the loan etc. Sure, that can take some time to gather up, then review, but to help ensure sensible lending.

Banks are lending to the SME market and anyone in any related industry can confirm this. What they aren't doing, is taking big risks. That's where LF seems to come in....

Just because someone needs money, does not mean they need a loan (which they may not be able to repay etc). Quite often, other solutions are required, be it an equity investment, tighter credit control within the business, more profitable trading etc. A loan is no always the answer.

BrokenArrows · 03-09-2019 2:46pm

BrokenArrows wrote: »

Im based in the UK so may not be relevant to most here.

Im looking at www.crowdproperty.com

So they have a crowd funded loan system for property developers who are building/renovating property to flip. So loan terms are on average 14 Months according to the sites currently active loans. Property is sold on completion and loan is paid off.

Other residential loans which are not sold on completion are advertised as being refinanced with another lender on completion.

https://www.crowdproperty.com/statistics

On average returns are 8%, but if you are resident in the UK they have an ISA wrapper on it, so any interest earned is tax free which makes that the equivalent of a 13% return for a higher rate tax payer.

Minimum investment period is 6 months and you invest in a specific property.

Currently there are no outstanding Loans on the site. Registered investors are emailed 15 minutes prior to a new project going live and seem to get funded within 1-2 minutes with the average loan at the moment of 370k

I put my toe into it at the moment with a £500 investment in todays property over a 10 month period with a return of 8% tax free just to see how the site operates.

Operating since 2015 they currently have a 0% default rate over 107 properties funded and 0% are behind schedule on repayments.

They also have an auto invest feature where you define the maximum amount of money to auto invest per project (can be a maximum of 20% of your currently deposited cash). If there are more auto investors then the project requires then your auto investment amount will be reduced so that every auto investor is still invested.

Looks pretty good.

With a little more time on the site the new properties are not advertised with only 15 minutes to go before live. I received another email today giving a weeks notice for the go live to a new property.

I think i may have missed an earlier notification because i hadnt registered yet and only received the 15 minute notification.

whampiri · 12-09-2019 7:52am

Anyone have any update on HSK limited? Only made 2 repayments and the last update was December last year! Sounds to me like a case for the Garda fraud squad as either Linkedfinance didn't carry out due diligence or he scarpered with the money.

Darc19 · 23-09-2019 12:00pm

Is loanguru.ie part of linked finance?

I got an email from them to an email address that I only have ever used for a small linked finance investment account and one director of loanguru Ltd is listed as a previous sales manager in linked finance

I hope that details weren't taken without knowledge.

Has anyone else had this email from loanguru.ie

louis346789 · 23-09-2019 4:50pm

Oops. Big difficulty for both parties if email details used without consent

at9qu5vp0wcix7 · 23-09-2019 6:44pm

Haven't received such an email myself.

ct5amr2ig1nfhp · 23-09-2019 9:19pm

Fire them an email or a tweet and ask? No harm.

ganmo · 24-09-2019 11:32am

I kinda surprised there was no email sent out about their rate drop!
0.25% across the board

ct5amr2ig1nfhp · 11-10-2019 10:14am

Did you ever follow up on this? I have asked twice but have been ignored.

Darc19 wrote: »

Is loanguru.ie part of linked finance?

I got an email from them to an email address that I only have ever used for a small linked finance investment account and one director of loanguru Ltd is listed as a previous sales manager in linked finance

I hope that details weren't taken without knowledge.

Has anyone else had this email from loanguru.ie

benjamin d · 18-10-2019 11:52am

Has anyone had any success with contacting Linked about their lack of updates?
Almost all of my in default loans have a last update saying that they would provide more info in a week/14 days/28 days but haven't been follwed up for months in some cases.

I have 2 or 3 loans with a payment or two left and after that all I'm missing is the non-paying loans before I can close my account and never go near LF again

FinanceDublin · 18-10-2019 2:09pm

benjamin d wrote: »

Has anyone had any success with contacting Linked about their lack of updates?
Almost all of my in default loans have a last update saying that they would provide more info in a week/14 days/28 days but haven't been follwed up for months in some cases.

I have 2 or 3 loans with a payment or two left and after that all I'm missing is the non-paying loans before I can close my account and never go near LF again

I reckon a lot of people have sussed that if you get to within 2/3 payments of concluding loan, LF are unlikely to go after you in a serious way. Looks that way to me.

Shelflife · 18-10-2019 2:34pm

I spoke to them and there seemed to be an improvement (prob unrelated) . It doesn’t fill me with confidence to be told that a lender has missed a payment but they can’t get hold of them !

If they are serious about lending , the lenders need to have a genuine fear of missing payments.

The problem with LF is that they have no skin in the game and a default doesn’t hurt them. If it’s a sales led business as in get as many loans on their books as possible without proper vetting of the ability to repay the loans and a reluctance to vigorously chase defaulters then they are on a dangerous path.

I’ve turned off my autoinvest and I’m getting my cash out ASAP.

manafana · 18-10-2019 2:43pm

Shelflife wrote: »

I spoke to them and there seemed to be an improvement (prob unrelated) . It doesn’t fill me with confidence to be told that a lender has missed a payment but they can’t get hold of them !

If they are serious about lending , the lenders need to have a genuine fear of missing payments.

The problem with LF is that they have no skin in the game and a default doesn’t hurt them. If it’s a sales led business as in get as many loans on their books as possible without proper vetting of the ability to repay the loans and a reluctance to vigorously chase defaulters then they are on a dangerous path.

I’ve turned off my autoinvest and I’m getting my cash out ASAP.

yes strange that they get most their money up front, and loan sucess has little impact in short term, mintos is much better, and skin in the game is reassuring

Cute Hoor · 18-10-2019 6:41pm

benjamin d wrote: »

Has anyone had any success with contacting Linked about their lack of updates?
Almost all of my in default loans have a last update saying that they would provide more info in a week/14 days/28 days but haven't been follwed up for months in some cases.

I have 2 or 3 loans with a payment or two left and after that all I'm missing is the non-paying loans before I can close my account and never go near LF again

Absolutely no updates on late loans in months it seems, looks like the debt manager they hired has since left or moved to other duties. Why would any business bother their ass paying off their loans (other than a sense of duty to their lenders) when they know that LF won't be doing anything about their defaulting. To the best of my knowledge they haven't had a single success in recovering debts due, even where it looks like the debtor is merrily carrying on their business - LF, feel free to challenge this and show where you have recovered money due from a defaulter. They are only damaging their own business model in the long run, they have plenty of lenders now it seems, but how anxious will these lenders be to stick with them given their lack of effective debt management

meijin · 18-10-2019 11:32pm

why would they bother? only few people are complaining... one of the latest loans, 200K, funded in 1 second :rolleyes:

Squall Leonhart · 26-10-2019 2:46pm

Have been steadily withdrawing from Linked Finance for the last 2yrs. Almost out the gap now.

I'm using Mintos instead with the buyback guarantee, working out much better.

sceach16 · 04-11-2019 11:23am

My number of loans in default reduced by 2 because Linked reclassified them as bad debts and claimed they are now finished ...like the loans that are fully paid off!

11% by number of my loans are bad debts or in default or way behind.....

benjamin d · 04-11-2019 3:31pm

I have one paying loan left with 2 payments to make. I have 5 in default with approx €180 owed between all of them. Once I get the two payments from the good loan I'll probably consider my account closed because Linked are doing F all about the defaulters

garrettod · 15-11-2019 2:10am

The only thing necessary for the triumph of evil is for good men to do nothing.

.... Don't accept crap treatment from LF, give them hell until they take responsibility and seek to recover unpaid debts properly & professionally.

LF made a big deal of telling people that they'd been approved by the UK Regulator (Financial Conduct Authority) years ago, so lash in the complaints about LF there too!

f321BM · 18-11-2019 2:00pm

garrettod wrote: »

The only thing necessary for the triumph of evil is for good men to do nothing.

.... Don't accept crap treatment from LF, give them hell until they take responsibility and seek to recover unpaid debts properly & professionally.

LF made a big deal of telling people that they'd been approved by the UK Regulator (Financial Conduct Authority) years ago, so lash in the complaints about LF there too!

I've currently have 24 new late payment loans in October and November. Huge increase. 7 of these have never had any update, not even saying the payment was missed...

Screenshots:

ibb.co/TYk6XhK
ibb.co/gmtFM78

(unable to attach images)

Peter File · 18-11-2019 11:38pm

f321BM wrote: »

I've currently have 24 new late payment loans in October and November. Huge increase. 7 of these have never had any update, not even saying the payment was missed...

Screenshots:

ibb.co/TYk6XhK
ibb.co/gmtFM78

(unable to attach images)

Are these autobid loans or loans you were able to do a little bit of research on?

f323BM · 19-11-2019 12:09pm

Peter File wrote: »

Are these autobid loans or loans you were able to do a little bit of research on?

At the beginning of LF I was doing OK as I had time to research before lending.
After the autobid system was introduced, I reduced to the minimum amount, 50 per loan. These are the loans I'm now having problems with.

At the time, I changed to autobid as my account balance was increasing but I wasn't getting the opportunity to lend.

I turned off autobid 18 months ago, and since then I've only bid on around 5 loans (Grade A, 12 and 24 month loans)

I've another missed payment today, thats late 25 loans in 50 days. As your can see in my previous attachment, many of these have already had 30+ repayments out of 36, so the balance due to me now on each loan is quite low.

benjamin d · 21-11-2019 1:07pm

I'm now down to one last payment from a loan that has never given trouble, and five loans in default that I doubt I'll ever get anything more from.
Looking at my lending history approximately half of all loans have had at least one "Status Update" against their name for a late or missed payment... does anyone know how that would compare to a bank's loan book? And how would an average bank deal with a defaulter or someone who repeatedly missed payments compared to LF's approach?

Jim2007 · 21-11-2019 3:02pm

benjamin d wrote: »

I'm now down to one last payment from a loan that has never given trouble, and five loans in default that I doubt I'll ever get anything more from.
Looking at my lending history approximately half of all loans have had at least one "Status Update" against their name for a late or missed payment... does anyone know how that would compare to a bank's loan book? And how would an average bank deal with a defaulter or someone who repeatedly missed payments compared to LF's approach?

You're doing subprime lending, what do you expect? You are getting their rejects that is how they are dealing with it. Oh and the norm if there is one for banks doing subprime is to securitize it, take it off the books and make it someone else's problem.

whampiri · 25-11-2019 12:08pm

Latest loan is for a social media "blogger". They're kidding, right? Just glad I didn't have autobid on.

Captainsatnav · 25-11-2019 12:14pm

whampiri wrote: »

Latest loan is for a social media "blogger". They're kidding, right? Just glad I didn't have autobid on.

That's hilarious, ffs!

Btw I turned off autobids months ago. LF do feck all chasing late payments and their 'updates' are always a) late and b) along the lines of "we rang this guy to see what the craic is. Will update borrowers when we hear back".

Even the level of spelling and grammar in the updates makes the whole business just look sloppy and cowboy-esque
Emailed them there saying their standard of customer care and chasing of defaulters was unacceptable and that I'm complaining to the Financial Conduct Authority in the UK as there's no way IMO that LF is fit to carry out P2P lending.

ganmo · 25-11-2019 12:46pm

whampiri wrote: »

Latest loan is for a social media "blogger". They're kidding, right? Just glad I didn't have autobid on.

With "UP TO" half a million followers
jasus I've up to half a million followers on my twitter...that actually has 6

chris2000 · 26-11-2019 9:00pm

Is it just me or have linkedfinance gone from bad to worse over the past couple of months. A large number of my loans failed to pay during October and There has been no update for a number. At least in the past some update would have been given. I presume the spike in Oct was due to tax that is payable that number.

Basically once a loan goes into default little or no chance of getting anything back.

XIRR running at 1.22% after tax....have been withdrawing for the past year...can't get out quick enough...

benjamin d · 26-11-2019 11:57pm

chris2000 wrote: »

Is it just me or have linkedfinance gone from bad to worse over the past couple of months. A large number of my loans failed to pay during October and There has been no update for a number. At least in the past some update would have been given. I presume the spike in Oct was due to tax that is payable that number.

Basically once a loan goes into default little or no chance of getting anything back.

XIRR running at 1.22% after tax....have been withdrawing for the past year...can't get out quick enough...

The updates are a complete joke at this point. Loads of them where LF have promised to provide an update in a week/two weeks/28 days etc. and not a peep in months.

I spotted this on their listing on the Financial Conduct Authority register the other day under "Permission"...

Closed to new lending business (effective from 02/10/2019)
Linked Finance P2P Limited must update the FCA with a revised business plan and receive approval of its plan before it can undertake any new lending business on its electronic lending system

Anyone any insight into that?

Captainsatnav · 27-11-2019 10:54am

benjamin d wrote: »

The updates are a complete joke at this point. Loads of them where LF have promised to provide an update in a week/two weeks/28 days etc. and not a peep in months.

I spotted this on their listing on the Financial Conduct Authority register the other day under "Permission"...

Closed to new lending business (effective from 02/10/2019)
Linked Finance P2P Limited must update the FCA with a revised business plan and receive approval of its plan before it can undertake any new lending business on its electronic lending system

Anyone any insight into that?

Wow - that's...ominous? How do you search for that on FCA website? I can't find it.

Update on Max Roofing Systems Limited (a 'B' rating mind you):

"Despite our efforts we have been unable to contact the borrower regarding the repayments outstanding on this loan agreement . A final attempt to reolve this balance prior to legal proceedings has been issued today and a further update communicated to lenders upon reply."

I mean if B rated company's (the other one that I have in default was also a 'B') are acting like this then LF are making up this stuff as they go along with seriously shoddy due diligence. Be extremely wide of this 'influencer' one with a Y rating! :rolleyes:

ct5amr2ig1nfhp · 27-11-2019 12:29pm

You should be bombarding their twitter feed with questions and comments until you get a response from LF. https://twitter.com/LinkedFinance

Strettie11 · 27-11-2019 4:21pm

I suspect this relates to not having sufficient loans for the funds they have on account plus I know FCA have received complaints on the issues highlighted here

Shelflife · 27-11-2019 4:28pm

If I was a lending company I’d be embarrassed to say that I couldn’t get in contact with the lender.

Darc19 · 27-11-2019 5:29pm

Banks have become very easy to get loans from and at very good rates.

Circa 6% for a 3 year term loan and in many cases the account is pre-approved internally so from application to drawdown is a few days.

When LF set up, banks were not giving loans unless you were aaa rated, so it was a gap LF filled.

Unfortunately when you add their commission, the best rate for a+ rated business is over 10% for b& c rated it's close to 15% and that simply means that it's only those who have difficulty getting loans from a bank who will apply to LF and that means poor quality lending.

Millionaire only not · 27-11-2019 6:54pm

From your posts recently are ye saying linked finance is effectively gone ?

benjamin d · 27-11-2019 10:40pm

Millionaire only not wrote: »

From your posts recently are ye saying linked finance is effectively gone ?

I don't think they're gone but I suspect their loans are increasingly junk (more than they were) and LF have zero interest in chasing defaulters

Captainsatnav · 28-11-2019 4:56pm

Not even bothering with information on the 'companies' now...

https://www.linkedfinance.com/loan/2019/11/liffey-artefacts

Peter File · 28-11-2019 11:13pm

Captainsatnav wrote: »

Not even bothering with information on the 'companies' now...

https://www.linkedfinance.com/loan/2019/11/liffey-artefacts

you can view the financial information when the loan is available and you are logged into your account and also if you fund the loan.

ganmo · 05-12-2019 3:47pm

I see they're adding 5 year loans!! yikes!

WunnaYarzar · 11-12-2019 11:46am

I've a few loans lately which stopped repaying towards the end.

Fallon and Byrne missed their final repayment, think its around 1 week late now, no reason given.

YellowBelly Beer (1 repayment remaining)
Fallon & Byrne (1 remaining)
The Chameleon Restaurant (2 remaining)
Timberwise Construction (3 remaining)
Daigon Renewables (4 remaining)
Mooch (4 remaining)

golfman wrote: »

I'm in that loan and it looks like they'll be back for more.... "To support this period of growth, Fallon & Byrne would like to raise a total credit facility of €250,000. The first tranche is a 12-month loan of €90,000 with plans to return to the platform in the weeks ahead for the balance."

garrettod wrote: »

Why, because they are almost a "household name" around Dublin ?

.... I can't recall the details, but I think the business or it's promoters have had one or two issues in the not too distant past (no doubt you'll quickly find details on google), so their traditional bankers may not be as supportive as they might hope.

Also, lets not forget, P2P usually requires a lot less onerous conditions and security than the main banks - a key reason for the need for higher interest rates than the Banks charge, but not necessarily something LF appear to understand.

jt72 · 12-12-2019 10:16pm

My loans are all ok for now, 26 repaying, 4 finished. Most of my stuff is autobid.

Not a fan of the lender fee however, drawing down quarterly.

Where loans go bad, what is the likelihood of securing a judgement against the personal guarantee?

Anyone have a loan that was more than a bit late come back from the dead, or anyone ever get a settlement for a bad loan?

Time for a q3 loan book report?

boardzz · 03-01-2020 5:02pm

Hi I'm looking to start investing some money and I'm looking at Linked Finance.
Can somebody explain to me how often and how much I would get net from bidding 10K on something like this offer:

Amount: €150,000
Term: 60 months
Grade: A
Rate: 8.95%

urgecaution · 03-01-2020 5:34pm

Before worrying about the figures I suggest you read back through this thread and you will see that there are a few disgruntled investors in LF. I would count myself among those and I'm pulling out. This is based on a couple of years where I have noted a deterioration in their offering. BUT do your own research and I think they have worked examples in their FAQS.

Shelflife · 03-01-2020 5:52pm

I ignored the advice here and got involved, slowly getting out of it now.

You will get out of it a lot less than you think. Their fee knocks approx another 1% off the advertised rate

You are locked into it there is no out.

If they default you are at the whim of LF to get your investment back and they have no skin in the game.

Im not sure if this is the second of these loans from this company but they def advertised one before christmas.

Why is this company with a turnover of €6m only generating an EBITA of €266k ?

Why are they prepared to pay well over the odds for a loan for working capital and its over 5 years.

Too many flags for me here.

That and the fact that its LF are enough to stay away for me.

jt72 · 03-01-2020 7:38pm

boardzz wrote: »

Hi I'm looking to start investing some money and I'm looking at Linked Finance.
Can somebody explain to me how often and how much I would get net from bidding 10K on something like this offer:

Amount: €150,000
Term: 60 months
Grade: A
Rate: 8.95%

One of the advantages of Peer to Peer lending is that you don't have to put all your eggs in one basket. If you are after 8.95%, you might be better off putting €100 into 100 different investments. If one of your loans goes belly up, you are only 1% exposed in this model. Just an example.

I wouldn't put 10,000 into any one investment in a peer to peer platform. At least I haven't found one yet!

Cute Hoor · 03-01-2020 8:11pm

boardzz wrote: »

Hi I'm looking to start investing some money and I'm looking at Linked Finance.
Can somebody explain to me how often and how much I would get net from bidding 10K on something like this offer:

Amount: €150,000
Term: 60 months
Grade: A
Rate: 8.95%

Each to their own but I wouldn't touch them (LF) with a barge pole now.

I've been with them for about 4 years, they were fine at first, you could decide whether to bid or not before they introduced the autobid facility, after that you had no choice but to go with the autobid which gave you no control over what you were 'investing' in.

They have no skin in the game themselves so there is no incentive (obviously) for them to carry out effective debt management imo. Their debt management is truly appalling imo, it's incredible it's so bad, all you get when you contact them (if you manage to contact them) are pious platitudes and a promise to do better. Their updates (such as they exist) on defaulting loans are at best inane and uninformative imo. Because of their total inadequacy at debt management there is little incentive (other than their own integrity) for businesses to keep repaying, businesses are noticing this as well with an increasing number defecting safe in the knowledge that there will be little or no consequences.

Unfortunately I am tied into them for another while as I run down the account, it's a pity as it was a good concept imo but I find it hard to see them lasting under their current business model and modus operandi.

A couple of examples of their idea of 'debt management'

24/9/2019
We have not received the most recent repayment for this loan. We have been in contact with the borrower and they advised there was an IT error on their side and the Direct Debit was cancelled. They advised they will make the repayment within the next 7 days, as soon as we are in receipt of funds lenders will be notified.
16 October 2019
To date we are still not in receipt of the funds outstanding on this loan agreement as was arranged with the borrower. We will continue to try obtain the outstanding balance as soon as possible. As soon as we have an update or receive said funds lenders will be informed accordingly.
No update since 16 October 2019

6 November 2019
Following the receipt of the borrowers financial documentation linked Finance have proposed a reduced repayment arrangement in line with the borrowers maximum affordability . The borrower now has 7 days to review and accept same when a further lender update will be communicated .
No update since 6 November 2019

3 September 2019
Following a conversation with the guarantors and the subsequent closure of this business we are currently negotiating the settlement of this loan agreement . A further update is expected by the end of this week .
No update since 3 September 2019 - What is LFs idea of a week

10 September 2019
We have credited a payment to your account for this loan.
No update since 10 September 2019

30 July 2019
We have been advised there has been a change in legal representation on this file . We have reached out to the new representation and lodged our interest , we have been advised to expect an update on this in 60 days time when a further lender update will be communicated .
No update since 30 July 2019

I could go on......

LinkedFinance - new website

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