Creditstar missing 3.4M payment

name

• 28/03/2023 06:56
• Изменен

So according to your negotiated plan, creditstar was supposed to pay additional 3.4M in restructured payments by March 24 (last Friday).

I do not see any signs that this happened. Not in my pending balance, nor in your last report.

Please explain.

Update: And act NOW. As requested everywhere else - stop gaming us. Stop being intransparent. Stop being nice to the LOs that owe us money but simply do not oblige to their liabilities. In doubt sue the shit out of them and use your leverage to throw them off the platform. The attitude against mintos customers *must* change.

To remind you: "A failure to follow the agreed schedule would be considered an event of default, and if the situation requires, we’ll start legal proceedings."

3

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  Lucja (Mintos)

  Community moderator

  • 28/03/2023 14:41

  Hi name
  
  Thank you for your comment. We received 1M and expect the 2.4M to come in this week.

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  name

  • 28/03/2023 15:25

  Thanks for confirming that they are according to your very own definition in default.

  I doubt the 1M - your report does not support it, my balance also still does not.

  When can we expect mintos to default creditstar? When do we see consequences?

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  name

  • 04/04/2023 17:27

  Still no change in pending amounts. This is once again ridiculous - stop lying to us.
  The new overdue dashboard is nice, but please also publish the pending payments reports as they used to be - or sth similar. Having removed this data for us increases intransparency significantly. I can only guess that you are doing this on very purpose.
  When will you take our concerns seriously?

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  Japke

  • 04/04/2023 18:21

  name it is quite difficult to find (and took me some time), but the old style reports are located at the bottom of the page https://www.mintos.com/en/about-overdue/ 

  Look for:

  • Ongoing cases report 2023
  • Recovered and charged off amounts February 2023

  I would expect to see the March file to be available this or next week (bit depending on the Easter availability).

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  name

  • 05/04/2023 00:59
  • Изменен

  Japke absolutely wrong: recoveries are a different report to pending and restructured payments.

  Mintos has now removed the opportunity for us to keep track of the restructured payments - and therefore hiding specifically the non-obligation to the agreement of eg creditstar. ID Finance already changed the agreement once again...

  It is a scandal how lightly mintos shifts our money from a to b and accepts any behavior of the LOs - they apparently can simply do what they want without consequences (cf wowwo). Furthermore, we are being lied to over and over again (eg mintos wanted us to believe ID Finance had only technical issues last year - apparently this was not the case).

  mintos (mis)conduct is a serious issue and highly problematic as often shouted out within this forum. AND must change.

  2
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  Japke

  • 05/04/2023 14:39

  Ah you ment the pending payment reports such as the ones below. I could not find a replacement. 

  https://www.mintos.com/blog/wp-content/uploads/2023/03/Pending-Payments-report_10_03_2023.pdf
  https://www.mintos.com/blog/wp-content/uploads/2023/03/Pending-Payments-report_17_03_2023.pdf

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  Bruno

  • 06/04/2023 10:13

  Mintos stopped those weekly updates with no prior notice. It is ridiculous, considering all the feedback here regarding transparency/communication.

  The best you get now is an update on the Overdue page (Temporary and Ongoing cases). For the temporary ones the last update is from March 17, while for the Ongoing it's March 6.

  Well done Mintos!! 

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