rocky1
Member of DD Central
Posts: 1,121
Likes: 1,942
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Post by rocky1 on May 17, 2019 5:13:31 GMT
I hope the FCA can make make lendy see all this loan book out till the end and restrict their plundering of our funds with up to 2 years of fees/interest which they should not be allowed to take.i compare LB/lendy to these borrowers with their ducking and diving and LB is personally responsible for the lot of it.a few million pound fine with the money being returned to misinformed lenders and LB not getting out of this with millions of pounds and a big smile on his face.
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Post by spareapennyor2 on May 17, 2019 7:59:18 GMT
i look forward to reading the judgement when it`s published @mucho P2P
thankyou must have been a interesting afternoon
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quidco
Member of DD Central
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Likes: 361
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Post by quidco on May 17, 2019 12:44:17 GMT
I don't undestnd why the borrower would even be given a second deadline for depositing the funds.
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Post by bl3nder on May 17, 2019 13:42:58 GMT
The case can NOT proceed further or restart against the lenders unless the outstanding costs of £329,556.76 are settled by the claimant (no later than the 24 July) or the claimant obtains a Court order to restart against the lenders. If she applies for a Court order to restart, she will have to satisfy the Court as to why she did not fulfil any of her previous obligations. This will be nearing on impossible. ... In conclusion, an order has been made based upon the above criteria by the Court, whereby no further claim can be brought [against the lenders or Lendy] unless one of the above criteria are fulfilled, hence, the case is now drawing to a solid conclusion. Not sure I understand. I thought the case was dismissed begin of April? Or was that just the case against Lendy (and joining us to the suit) and now the borrower wants to start a new case against us lenders? Can't believe this farce is still on-going...
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adrianc
Member of DD Central
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Post by adrianc on May 17, 2019 13:54:03 GMT
The 1st April deadline stopped the ongoing case. But, having failed to meet that deadline, the claimant could still pay the costs into the court, and restart it.
After this new deadline, they can no longer do so, unless they can explain to the court's satisfaction why they didn't earlier.
Think of it as last time pressing pause, this time hitting the hard stop.
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adrianc
Member of DD Central
Posts: 9,045
Likes: 4,841
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Post by adrianc on May 17, 2019 16:38:19 GMT
Oooh! An update to the portal!
...to say that they're going to release an update later.
That's... helpful.
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Post by GSV3MIaC on May 17, 2019 16:40:11 GMT
A desperate attempt to get you to log in?
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adrianc
Member of DD Central
Posts: 9,045
Likes: 4,841
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Post by adrianc on May 17, 2019 16:45:58 GMT
A desperate attempt to get you to log in? I logged in just a day or two ago... to withdraw my interest.
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Post by portlandbill on May 17, 2019 16:46:30 GMT
And I had to edit the link to make it work
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TenKay
Member of DD Central
Posts: 144
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Post by TenKay on May 17, 2019 16:57:05 GMT
Oooh! An update to the portal! ...to say that they're going to release an update later. That's... helpful. update updated
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voss
Member of DD Central
Posts: 153
Likes: 84
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Post by voss on May 17, 2019 17:20:35 GMT
A desperate attempt to get you to log in? I logged in just a day or two ago... to withdraw my interest. I won't be logging in to withdraw - my interest was only 4p (on over £50k 'invested'). Anyone had less than that?
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henryjford
Member of DD Central
Posts: 105
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Post by henryjford on May 17, 2019 17:40:19 GMT
I logged in just a day or two ago... to withdraw my interest. I won't be logging in to withdraw - my interest was only 4p (on over £50k 'invested'). Anyone had less than that? I have 0 on £4k....but this has been at 0 for many months, so I feel it is kind of less
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kermie
Member of DD Central
Posts: 689
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Post by kermie on May 18, 2019 9:12:16 GMT
Anyone else facing issues logging on to Lendy to see this update (not that I imagine it's particularly revealing anyway)? The 2FA SMS message just isn't arriving at my phone.
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Post by bl3nder on May 18, 2019 9:25:24 GMT
Very good news on the portal (which we're not allowed to share publicly). However, I don't understand how this relates to the July deadline. Anyone able to explain (or pm me if it's sensitive info)?
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jfh82
Posts: 77
Likes: 99
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Post by jfh82 on May 18, 2019 16:43:22 GMT
Anyone else facing issues logging on to Lendy to see this update (not that I imagine it's particularly revealing anyway)? The 2FA SMS message just isn't arriving at my phone. yes. I created a thread.
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