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The others
The others
Well I had a check with the other schemes.
Stead Solutions does not have a repayment date.
Newquay - Mt Pellier does have one. The loans get flipped every 5 years.
Probiz Contractors - The also flip the loan but not sure the length.
Doh!
Doh!
The loans are legal. If you know nothing about the agreements and have signed one then see an accountant! If you have not signed an agreement but have questions then see an accountant. The people on this thread are really only making intelligent guesses.
Will the loans be recalled...
Please remain calm
Please remain calm
Well it seems everyone is looking at what would happen if the loan is recalled. The fact is the Trust has to act in the interest of the members. Sooo i would think it would be easy to defend in court that its not in your interest to pay back right now. If...
Trm
Trm
I talked with another scheme i may move onto.
http://www.antonyjholdsworth.co.uk
He explained the scheme really well. He alos pointed out that the money goes into an employee trust fund run by trust directors. The directors are mandated with never acting against the trustees best...
Trm
Trm
Hi Jon,
I'm another one of the new guys on here that would like to join your group.
I've read the letter and understand that they are transferring the loan to a separate company. This is to clearly separate the pay you receive from the loan facility. Having both in the same company...