Extensions of Loan Offers

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  • MarketLend1997 #6201

    It appears that SpeedyMoney may struggle to reach its loan target of $100K given other offerings (some of which are insured). The offering has already been extended (to which I did not receive any advice). Having made an offer some weeks ago when is a decision made that this loan will not be fully subscribed and potential investors can either invest in other loans or take funds elsewhere to invest. Very frustrating that capital sits with MarketLend in limbo while loan offers are extended without no notice to the investor.

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    leotyndall #6203

    An extension is granted only 2 times on the third time they must accept the bids you can cancel your bid after the extension at any time contact our office at assistance@marketlend.com.au

    Please note the above is set out on the website on faq

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    leotyndall #6204

    We will contact you Monday to arrange for cancellation of your bids

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