It's late Monday evening and still have not sighted any transfer of funds from LC this week....
This is the 2nd time this year that they have NOT paid out on a Monday as per their stated mandate to us Investors.
Are my wife and I the only ones??
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It's late Monday evening and still have not sighted any transfer of funds from LC this week....
This is the 2nd time this year that they have NOT paid out on a Monday as per their stated mandate to us Investors.
Are my wife and I the only ones??
Also, they just recently sold a property as collateral on a defaulted loan. The Investors lost the lot.
Whatever minimal funds were recovered on property sale, were claimed by LC as collection costs.
How do you sell a property and get nothing back?
Did they have any checks and balances when they approved this loan on property as collateral?
So much for their conservative lending, wonder if they checked how much was owed to the first mortgage holder? Thankfully when someone said take it behind the barn and shoot it they listened - poorly run company from top to bottom.
The FULL LC Tax details are already uploaded at "MY IR" for the full Tax Year 2023 > 2024
This move almost makes the days of waiting for the RWT Certificate redundant!!!
Just No Write off & Fee info up at IRD....
LC have sent out their RWT Certificates already.... :)