Site Redesign - LY needs one

I'm unsure whether I agree with CD on his general point that the bad news should be hidden away from the front of the website. In a way this would seem to go against our wishes for clearer and better information and against what I assume are FCA wishes for investors to be given clearer information about the risks they face. In my opinion the answer is not to make the unattractive reading less accessible but to reduce the amount of unattractive reading.

I am more in agreement with the point made by elsee who mentions about the salient information not being quickly viewable on smaller screens. I sometimes like to do things on my 5 inch smart phone and I can't get a list view to work where I can see the interest rate and how much I have got invested.

I think the overall design of the website is very good and simple and easy to use and that is one of its strengths. I would say that while us forum readers are particularly well informed investors and know what is going on I am sure the majority of investors are less well informed and it would be unhelpful to them if they were shielded from the growing millions available on the secondary market.

Could it not also be argued that by immediately taking people to all the opportunities available at up to 12% it makes them more likely to invest whereas if they can't see all the goodies on offer they might not take part.

For once CD I'm not sure I completely agree with you.

I do think you're on to something with the fancy figures and charts to show how well we're all doing.

But on the SM issue I don't agree.  Where Lendy is better than the other platforms from a SM point of view is there is no mark up % by the seller so any new investor can buy with confidence that they are not getting a worse deal than any one else.  The Lendy SM can therefore be considered to be in fact equal to the Primary Market and we should perhaps stop referring to it as the SM as it is really just 'the' market.

Whether it is illiquid or not wouldn't be apparent to a new user unless they delve into each loan and check the recent transactions.  Some of the loans (long dated ones) are actually still moving fast in terms of number of transactions yet the overall level of even those loans appears to be quite static as there is as much coming in as going out.

Rather than focus on presentation to hide the scary stuff from new investors, Lendy needs to start concentrating more effort on calling in the overdue loans to stop them going into default, or formally extending them so the length remaining looks properly attractive.  And those in default need a lot more work.  Piling lots of loans into the front of this machine was always going to build a delayed stack of defaults too, I just hope Lendy are ready and can handle it.  After all, that's where our money is actually tied up and the market wouldn't be illiquid if all our cash wasn't stuck there presently.

My bookmark is set to the page I want to go to (for example My Live Loanparts). When I click on the book mark, it takes me firstly to the login page to log in, then directly to the My Live Loanparts page.