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Thread: Zagga

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  1. #1
    Junior Member
    Join Date
    Dec 2021
    Location
    Picton (currently)
    Posts
    28

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    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.

  2. #2
    FEAR n GREED JBmurc's Avatar
    Join Date
    Sep 2002
    Location
    Central Otago
    Posts
    8,520

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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 ...
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu

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