Administrative failures
Nera Capital loans are still recorded as having interest paid for April and May (in some cases partially in arrears), whilst no payments have actually been made. Furthermore, no interest is being added to notes that are still running as normal, which constitutes a form of fraud. Loan holders are entitled to view the outstanding balances held with Nera Capital. These balances must be properly recorded.
This now also applies for the majority of Imagina Leasing notes, for which the July interest payments have not been recorded (as pending). Once again, Mintos is showing no sign of acting in the interests of its clients, or its administrative system is failing completely. In both cases, it is time for the regulator to intervene.
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