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Post by alistairb on Feb 1, 2018 10:18:12 GMT
Collateral Rep , Not only has this loan still not repaid, the full January interest payment is missing. I calculate only 11 days interest was paid. What is going on with this loan? hoy, as this loan is overdue, it has been accruing interest for the last three weeks and so not paying lenders the full monthly interest. This means that the interest should be paid when the borrower makes an interest payment or when the loan is finally repaid.
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Post by alistairb on Nov 11, 2017 22:32:38 GMT
Pipeline Update can be seen at Support>General Updates
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Post by alistairb on Oct 5, 2017 15:37:45 GMT
Glad to be of help. However don't hold your breath waiting for a reply from L! They made the change for me without informing me. I checked the UK withdrawal page after a few days and saw I had a choice of accounts.
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Post by alistairb on Oct 5, 2017 13:22:19 GMT
You are correct as Lendy say your account will appear after you make a deposit using it. In the case of the Borderless account this has to be done manually as deposits show as coming from Transferwise, not from your personal account. You have to send them details of your account. I used the submit a query form and uploaded a screen shot showing my account details and profile. They now have experience of how to handle this so it should not take too long to get it done. On the withdrawal page I can now choose my original normal bank account or the Borderless one. Hope this helps. AB
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Post by alistairb on Oct 5, 2017 9:06:02 GMT
To make a transfer to a US bank account you would need to supply your account number and the bank's SWIFT code, and possibly name and address. IBAN is not used in US yet, only in Europe and some African and Mid East countries.
If Lendy cannot do this, then another possibility would be to open a Transferwise Borderless account in GBP and USD if you are resident in one of the states that allow it. Lendy can add your GBP account to the drop down list and you can transfer in USD direct to your normal bank account or via the Borderless USD account if you so wish.
I have received withdrawals from Lendy in GBP to my Borderless account as mentioned earlier in the thread.
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Post by alistairb on Oct 3, 2017 10:45:20 GMT
I have successfully changed my bank account to Transferwise Borderless GBP account which I think operates similarly to Revolut i.e it has a UK Sort Code and account number, but deposits come from a Transferwise account number. I did this using the submit a request form on the support page. I also uploaded screenshots of my Transferwise account details and holder's profile and I now have two accounts showing in the drop down box on the UK withdrawal page. I have just made my first withdrawal to the new account and it works correctly.
Making an international withdrawal in a foreign currency has a Transferwise fee of 0.5%, according to the information given, not £15.
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Post by alistairb on Aug 8, 2017 8:22:11 GMT
Web site for S***** College has been removed, but D****** Investments still shows project. Our combined DD has had some effect. For an abandoned building it sure has a lot of companies registered there.
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Post by alistairb on Aug 7, 2017 17:42:27 GMT
Checking the mythical college website leads to the name of the company developing the project and this leads to an entry in The Gazette showing that it is subject to a winding up petition for insolvency brought by HMRC dated March this year. Doesn't sound too good!
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Post by alistairb on Jul 20, 2017 15:44:59 GMT
Any update on this loan which is due for repayment on Friday?
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