Loan 187107-01 - Car Loan Lithuania

Loan Details

Loan Type Car Loan
Loan Amount € 4 246.25
Remaining Principal € 819.90
Interest Rate (14.3%)
0.0%
Initial LTV 97%
LTV 19%
Initial Term 35 m. 30 d.
Remaining Term 11 m. 26 d.
Amortization Method Full
Listing Date 24.08.2016
Date of Issue 19.04.2016
Closing Date 19.04.2019
Status Default
Loan Originator Mogo
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  • Borrower and Collateral
  • Payment Schedule
  • Investment Breakdown
  • Debt Collection
  • Borrower and Collateral Details

    BorrowerMale, 40 y.
    Loan PurposeNot specified
    ModelRenault Trafic
    Vehicle typeMinivan_passenger
    EngineDiesel, 1870 cm3
    Manufacturing Year2003
    CollateralVehicle
    Country Lithuania
    Valuation€ 4 390 / 15.04.2016
  • DatePrincipal Interest TotalPayment ReceivedPayment DateStatus
    19.05.2016 Paid
    19.06.2016 Paid
    19.07.2016 Paid
    19.08.2016 Paid
    19.09.2016 € 69.60 € 41.21 € 110.81 € 110.81 19.09.2016 Paid
    19.10.2016 € 72.04 € 46.73 € 118.77 € 118.77 19.10.2016 Paid
    19.11.2016 € 74.56 € 47.40 € 121.96 € 121.96 22.11.2016 Paid
    19.12.2016 € 77.17 € 44.98 € 122.15 € 122.15 23.12.2016 Paid
    19.01.2017 € 79.87 € 45.53 € 125.40 € 125.40 26.01.2017 Paid after the due date
    Received late payment fee: € 0.38
    19.02.2017 € 82.67 € 44.54 € 127.21 € 127.21 19.02.2017 Paid
    19.03.2017 € 85.56 € 39.31 € 124.87 € 124.87 22.03.2017 Paid
    19.04.2017 € 88.55 € 42.47 € 131.02 € 131.02 10.05.2017 Paid after the due date
    Received late payment fee: € 1.31
    19.05.2017 € 91.65 € 40.05 € 131.70 € 40.05 Late
    19.06.2017 € 94.86 € 40.25 € 135.11 € 40.25 Late

    The loan has defaulted. Debt collection has been initiated.

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  • History of Actions

    DateActionDescription
    27.06.2017 Contract terminated MOGO is establishing contact with the client to negotiate a solution (contract renewal, return of the vehicle, etc.)
    05.07.2017 Vehicle repossession process started MOGO debt collection specialists are searching for the vehicle/attempting to establish contact with the client.
    25.07.2017 Vehicle repossessed The vehicle is found and impounded at a secure location and being put up for sale. Formalities (police arrest, insurance claim processing, etc.) might take place during this stage.
    03.08.2017 Unsecured Vehicle has been sold/destroyed/lost and the total claim has not been covered (unsecured debt remains). Compromise is being sought with the client (settlement agreement, buyout, etc.). In case a compromise is not reached the sale of the claim to a 3rd party collection company is being prepared.

    Debt collection costs: € 621.36

    Received Payments

    DateAmount
    02.08.2017 € 2 628.64