To be honest I am quite angry at this. By investing the funds with BS&T yo were essentially defrauding your lenders. I would have preferred investing it with Pirate for 7% instead of the 1.9% I got now (at the same risk!) for my locked in period of 8 weeks which would expire in 1.5 week (in fact I could have better invested in your PSTs). I invested with you to spread my risk which I appearently havent done thus far.
But having sad this, what i your actual repayment plan (as in repayment percentage per week and total outstanding obligations)? You're saying you are deducting interest from the current balnce to retun to principal but are you intending to only repay that? In tun having acquired a free loan to gamble at my expense. Additionally, are you proposing to pay interest on the outstandin balances? Finally becaue did not invest in a PST via you I would also like my repayment to have precedence aboce those hat do.
You are handling this better and more transparent tha Pirate but at this point that is the only positve thing I can ay. I feel I have been scammed.
I agree with the one above. I was miss leaded. I did put some money to pirate too but I know that is not insured, so will be tricky. The money I gave you I did not want to go to pirate. If I want that I could do that without transferring the extra 5% profit to you.
If you deliver on your newest promises at least we will be covered partly for the guarantee you claimed we have. In this case you cheated some interest free loan "only"
Provide us with a detailed plan as soon as you can. If I would not be scammed I would put a please at the and of it, but I did not want to give you interest free loan at all so do everything you can to cover us.