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Thread: Zagga

  1. #11
    FEAR n GREED JBmurc's Avatar
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    Sep 2002
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    Quote Originally Posted by Mike64 View Post
    Yup, I'm into that loan.

    The troubled one we mentioned takes obviously ways longer to get sorted then normal. But Zagga provides monthly a long and detailed update on the ongoings which are pretty complex with this mortgage. I appreciate that a lot, communication is very good with and from them.
    At the end we should get the the money back plus all that long time interest, so I watch and see.
    Right fair enough I guess thats the risks you take with these loans that the development goes under owing many creditors ...
    2020+ CHN-5700% , WWI-2900% , CNB 2042% , POD 980% , MAY 760% , LRSOC 585% ,If only I'd sold at the peak!!!!

  2. #12
    FEAR n GREED JBmurc's Avatar
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    I see Zagga getting more loans lately ..Banks pulling back for developments and even res investors
    2020+ CHN-5700% , WWI-2900% , CNB 2042% , POD 980% , MAY 760% , LRSOC 585% ,If only I'd sold at the peak!!!!

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