Member Info for Mousekewitz

FrankyS there's nothing wrong with Mouse sometimes being unhappy :-) but I'm actually very happy now :-) so there you go. We did and do at stages have our fair share of scaremongering trolls in here and a lot of them started off similar to rhythmquest :-) I just wanted to set that straight right at the beginning :-) and don't think just because I was born and raised in Germany, I don't have a sense of humour. We actually do have a sense of humour, but for most it is just simply too dark to grasp ;-) . The Austrians on this board might differ, but trust me, but that is normal, for the biggest difference between Austrians and Germans has always been and still is the language ;-)

rhythmquest, thank you for realising that. Just out of interest, what was the lowest you bought a batch for?

rhythmquest, first of all there is a difference between an investor and a trader. On this board you find a mix of investors and traders and some who do both. Your self-reflection of perhaps being bad at either honours you, but trust me, if you apply yourself, then you can learn. However, that doesn't chance the fact, that you came in here and with your first post flung the door open so harshly, that the door frame fell out. I find your evident lack of communication skills even harder to deal with, than the initial feeling that you may try to pull our legs in regards of your numerical skills. Anyway, you cleared the latter up, but please take back the 'nonce'. For neither Vinson nor any of the Balls of Steel Group, who will hopefully sooner rather than later meet for an epic party after many months of waiting and at times some were sweating blood and water, are anything BUT 'nonces'.
Personally, I won't be able to participate in that party, for my holding is far below 1 million in shares and even far below your own, but the people who do qualify, I all hold in high regard and so should you, because you can learn a lot from them ;-)

rhythmquest, it took you months to reduce your average to 14.1.. really? What did you do? Work your way slowly down from 50p? ;-) and if don't want to join a club or go to a Nouveau Riche party at the end of the journey, then that's up to you, but it doesn't give you the right to calling anyone in here in nonce. Instead of having spent your time going through the effort of signing up, you should have spent some time figuring out your numbers and if your claim of having reduced your average to 14.1 buying a total of 984,755 shares over time should be correct, then I apologise, but allow me to be lost for words as to your complete failures of spotting opportunities to achieve what you have set out to achieve ;-)

It's been higher than 15p not that long ago, Denno, around 19p. This share doesn't do anything than anyone expects it to do, though. It's an interesting one :-)

Franky, no worries, he's not easily offended and he didn't regurgitate what they told the troopers ;-)

Ok, Chugger and LTH, thank you two. LTH is making it sound like a race :-) "...Amigo will be first across the line..." :-) Well.. Provi is over 100 years old ;-) in that age, I doubt very much I could jump over hurdles ;-)

Right, I spoke to my friend, who works for provi and they seem to be 99.9% certain, that their SoA will pass. Unlike our Amigo, though, Provi is doing business as usual. If I have understood things correctly, then Provi SoA would be decided before Amigo's? In which case it would be a great sign for us when that gets passed, for what reason would the court have not to pass Amigo's SoA, which to me seems to be even better for present and past customers.

Now, let's focus on that the problems both lenders are finding themselves in, are not due to malous or to deliberately lead clients into taking out loans they can't afford, but due to CMCs the likes of Debt Camel, having found a way to stay in business, after they were told to lay off banks with their PPI-claims. The doorstep lenders that have gone bust since, can't be compared to either Amigo or Provi. For Amigo and Provi have a different ... culture... dealing with their customers and I am more than certain that the courts will recognise that. Should both, Amigo and Provi, fail in getting their SoA's approved, then it will be the end of legal doorstep lending. Perhaps that is what the Camels and Jimmies want, but then they'd also be out of business, for I doubt very much, that they'd dare taking on illegal doorstep lenders and that would be the only doorstep lending business that would then flourish. It's in the nature of these things, people who can't get a small loan if they are desperate, will turn to the shark-tank.

I might be totally wrong in my thought process, so please correct me if you feel that I am, but please do that nicely :-) for I was only trying to make sense of things.

priv, I think a tiny holding like that would require a Cotton Balls Group :-)

stuarthone, hopefully you didn't sell because of one the scare mongering poopheads that come in here trolling, because do to them spraying all their money up the wall, they can't invest and the jealousy is eaten them up? I made that mistake once. I have sold only to rake back my initial investment plus a small profit and the rest can now run it's course ;-) It's an amazing feeling :D for even on red days and doesn't look a disaster zone anymore :-)

There's never been anything normal about what this share price, that's why I was quite chilled went out and did some work in the garden. Now enjoying my well-earned English Tea Time and reading through the posts lol :-)

Daave, I never think what I would do is what others would do. All I said was that the whole thing starts with honesty and I would be stupid to expect that from everybody else ;-) . I am also very aware of the mind-set of the majority of lenders from both companies, most of which are convinced they can play any system faster than a horse can run. With that knowledge, I'm very careful when it comes to blaming the companies themselves, but not so sure about some of their agents.

As for the SoA, I have just been informed by my friend, that Provi is 99.9% certain it will pass and they do business as usual.

seamus, to make this more understandable: I did not ask for the email, I just received it out of the blue. Simply because I had a small loan with Provi in 2009 and I have no intention whatsoever to forward a claim. All we needed back in 2009 was a small bridge during a time when we sold one and bought two houses. We asked our bank, but they were, for some reason, not able to give us a short-term overdraft, but offered us a loan of 10K instead and we didn't needed 10K neither did we want that commitment. So I see no reason to claim against Provi. Still, I got this email today and I thought the content would be helpful here.

Daave... if a lender tells me "This is what you have to pay back on a weekly/monthly (whatever) basis" then I know if I can afford that or not. The lender can only say 'it's affordable' or not, when the data given by the client is correct. There is never a guarantee that everything during the time of paying off a loan, will remain the same, but it's up to the borrower to come clean and together with the lender find a new solution and usually lenders like Provi and Amigo are open for negotiation in a time of crisis. Much more than banks. The honesty, though, has to start with the borrower and therefore I feel a claim might harm their credit scoring ;)

And you got it spot on, dear Pitterpatter. It's CMC Companies. But for some reason these companies portrait themselves as some type of charitable debt-helpers. The ones who use them may be a little shocked, when they get what's left over of their claims ;-)

seamus, I'm great, thanks. I have no intention of claiming :-) What for? :-) I needed 200 quid bridge loan that was that :-)

This article has probably already been posted. Worth reading, especially what Sarah Debtcamel has to say. Now she's trying to teach a lender that has been around for over 100 years, how their successful business should be run. Unbelievable!
https://www.bbc.co.uk/news/business-56401497

Maverick, there is also another issue I have with the advice from the Camelteers and that is, that the people who claim might never in their entire lives have a chance of a loan, a mortgage or anything to do with lending from lending companies, let alone banks. This data will probably flag up during the future liquidity checks and which company with a clear mind would lend to somebody, who, in the past, has claimed against a 'colleague'? Especially those, who have paid off their loans should be careful and rather than thinking that they can make a few bob, should seek advice of professionals and not of Camel-Companies.

You're welcome, Maverick. I was quite surprised when I got this mail and thought it would help knowing how Provi deal with their situation. As I said, my loan was just a small bridge loan for around £200 or so in 2009, yet I would be able to make a claim and I find that disturbing. In my honest opinion, I think the lenders have been put under pressure by the likes of Camel Lady and these sorts of organisations. I wonder if the Camel Club just simply found a hole in the law, which they now exploit?

Provi mail Part 3:
"If you do not have internet access you can contact us using the details in the following paragraph. Otherwise, you don't need to do anything in relation to your claim (if any) at this stage.

Further information and communications in respect of the Scheme

We encourage all Consumers to remain engaged in the Scheme process and check the website for updates from time to time. If you do not have internet access, you can get pre-recorded updates through our telephone helpline at 0800 056 8936. You can also write to us at Scheme of Arrangement Team, Provident SPV Limited, 1 Godwin Street, Bradford, West Yorkshire, BD12SU.

The next time we will be writing to you will be shortly after 22 April 2021 to confirm the date of the meeting to vote on the Scheme, how to vote at it and how to obtain the Scheme and further information explaining it.

Yours faithfully "