southport
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Post by southport on Feb 28, 2018 8:56:55 GMT
1. Please as many people as possible call 0300 123 2040 (Action Fraud) and report. It will take a bit of time but hopefully worth it. 2. Alternatively you can www.actionfraud.police.uk/report_fraud to report it online (also a lengthy process) I agree. The more people who report this the better. If this was a technical problem, or even if they have gone belly up there should have been a statement by now. This does not look good at all and action is needed now!!!!
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southport
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Likes: 88
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Post by southport on Feb 28, 2018 8:06:01 GMT
online cyber fraud will do......
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southport
Member of DD Central
Posts: 125
Likes: 88
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Post by southport on Feb 27, 2018 23:51:28 GMT
There are a lot of repayments due on the 1st March... I don’t want to add fuel to the fire but this crossed my mind also. Lots of big loans are repaying in the next few days. I’m hoping for all our sakes this isn’t some kind of exit scam.... It would be so easy to clear all of this up with just a simple communication. It’s incredible really... The fact that there has been no communication whatsoever does suggest that something serious has happened and not just some technical problem. Has anyone called the POLICE yet??
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southport
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Post by southport on Feb 27, 2018 13:10:13 GMT
Half pondering contacting the FCA, but I have a feeling I may have to go through 100 different people.... Could always contact the Daily Telegraph. They love a good old P2P story.....
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southport
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Posts: 125
Likes: 88
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Post by southport on Feb 27, 2018 12:43:38 GMT
Agree with oldgrumpy. If it was just a temp prob surely Gordon would have said something by now. Temp problem or not. It is now 12:40 and not a peep, I am starting to thing that my money is in serious jeopardy. collateral could you please dignify us with some kind of response?
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southport
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Post by southport on Feb 27, 2018 11:16:16 GMT
Tranche 4 has gone live. Asked for 15k got 15k, nothing on the SM.
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southport
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Post by southport on Feb 27, 2018 9:27:11 GMT
I would have thought it prudent to give some information, even if it is just to acknowledge the fact that the website is down. The silence is rather worrying.
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southport
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Posts: 125
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Post by southport on Feb 27, 2018 0:42:47 GMT
Some notice would have been appreciated! I put some parts up for sale which I aimed to cancel at 10pm if not sold. Poor comms. I find it inconceivable that investors would not be informed of a planned upgrade. Maybe there's something more sinister afoot and we're just beig sent to a generic holding page?
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southport
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Post by southport on Feb 25, 2018 5:07:06 GMT
I have a lot of money tied up in the Burnley, Blackburn and Colne Hall loans. If these loans redeem as intimated by Collateral I will be putting some of those funds into this loan. Just have to see what the end of Feb brings.
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southport
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Post by southport on Feb 2, 2018 12:00:00 GMT
What is the default rate calculated on? Number of loans, or loan volume? I am sure there is at least one loan which has not paid back all the capital but technically lenders made no loss because theoretically the excess is being pursued. I don't actually think there have been many new loans over the past 6 months. The main opportunities to invest are simply new tranches of existing loans and I learned the lesson from Exeter. Given the delays in actually drawing the things down, ie R*****ham things seem really slow there at the moment. Operationally given the number of bad loans they must have their hands full. I believe they are now approaching a point where they will do an FC and not allow people to choose loans, and pretend that this is what we wanted all along. This has already been suggested by Lendy. Apparently it's by popular demand? p2pindependentforum.com/post/226258/thread
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southport
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Post by southport on Feb 2, 2018 10:55:55 GMT
Why is Lendy so slow in taking action on defaulted loans. My average portfolio should be seeing a return of 11.5% but as a result of their poor management of loans in default, when I got my interest payment today it equated to a very low 6.3% which is very concerning. The loans are supposed to be secured with a maximum LTV of 70% so why are they not take action on them, especially some that I are sitting at nearly 2 years in default! Lendy (then Savings stream) were the first P2P platform I invested in and for the first couple of years I got my 1% a month. The last year however has seen shocking returns. Alarm bells are starting to ring for me... Some 42% of all money loaned via Lendy, around 78.5 mil, is either in loans which are IA or in default. That is a lot of investors not getting interest on their funds. I know that loan overruns should be expected but to have 42% of investors cash sitting in limbo is a tad excessive in my view and who knows how much of it we'll get back?
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southport
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Post by southport on Feb 1, 2018 9:00:10 GMT
I can't find anywhere to see my IFISA replaceable amount. I can work it out from my own records but it gives me a warm glow when the platform agrees with me. Of course I might just be going blind! If you go to DEPOSIT in your IFISA account there is a link under the amount to check IFISA allowance.
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southport
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Post by southport on Jan 30, 2018 13:44:11 GMT
Just one thing, not major but would be useful. Would it be possible for the button to switch between IFISA and standard accounts to be put on the top bar so that it is accessible from every page?
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southport
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Post by southport on Jan 30, 2018 12:28:33 GMT
ablrate - nice n' clean UI. Can we please have all SM offerings back on a single page, or at least have the option to select how many entries per page? That was my only gripe too. At first glance everything else seemed fine. My only gripe so far also. Looking good otherwise.
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southport
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Post by southport on Jan 29, 2018 15:07:02 GMT
Collateral uk
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