Increase of my "Bad dept"

Winfried

• April 25, 2023 17:36

My "Bad Dept" amount increased (without any explanation) from €0.01 to €110 since yesterday. I can't find out were this is coming from. Anyone ideas?

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  Flo

  • April 25, 2023 21:13

  Maybe it is related to this: https://www.mintos.com/blog/russia-ukraine-war-impact-update-swift-ban-rub-plunge-pausing-listing-new-loans-from-belarus-and-more/

  Kinda hidden below the nice looking headline:

  "The unrecovered amounts (€5.5 million) were classified as bad debt as per Mintos classification."

  My bad debt increased because of this during the last couple of days

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  Winfried

  • April 26, 2023 18:35

  Hi Flo, 

  You are right, first real loss for me. Still a lot of money in recovery. Curious what will happen with this money. Certain about one thing, Mintos is not a save haven for your money... 

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