Originally posted by option158
Borrower has an ELF loan balance of $10,000 as at 31 January 2019, including accrued interest and fees.Eligible loan amount: the amount eligible for the discount would be ~$3,333 ($10,000 x 1/3)Discount: the discount would be ~$3,333 x 30% = ~$1,000Payment: the borrower would be required to pay ~$2,333New loan balance: the new loan balance would be ~$6,667.
its a 10% discount.... just worded creatively.
Im not interested in converting until we get some progress
100% correct--why would anyone convert
until management do what they are very well paid for by wages(along with cheap options option).
Why would anyone reward failure again--March 31st 2019, cannot wait for the excuses,
this rush job speaks volumes!!