Never ending overdue story by Everest Finance

Ugo

• 4/12/2024 16:12

In an earlier thread it was stated by Marek Mintos that there are weekly updates of overdue payments regarding Everest Finance. That in itself is correct for a limited number of loan providers. However, if you write every week for 4 months as a mantra: “The company is expected to continue covering the remaining overdue payments next week”, while in reality the overdue payments are slowly increasing week by week, one can wonder if this falls under customer satisfaction . Perhaps some alarm bells should go off. The lack of quarterly reports and even annual reports at Mintos gives little confidence in its clout and proactive action in the interest of us, the customers. Anyone who look at the annual report below sees an increasing loss somehow  reminds me of planet 42's latest annual report chart. Investing in Everest finance I believe falls under the category 'staying away'. 

https://www.emis.com/php/company-profile/PL/Everest_Finanse_SA_en_4459626.html

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  Ugo

  • 21/12/2024 16:55

  Same message for the 18e week in a row. No improvement in repayments by Everest Finance.

  20 december

  Everest paid €123k this week. The company is expected to continue covering the remaining overdue payments next week.

  13 december

  Everest paid €264k this week. The company is expected to continue covering the remaining overdue payments next week.

  6 december

  Everest paid €251k this week. The company is expected to continue covering the remaining overdue payments next week.

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