blueninja
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Post by blueninja on Nov 22, 2017 12:03:04 GMT
Even after subtracting the interest the remaining £1m is quite a lot more than before. I hope Lendy don’t release this all in one go to the developer.
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blueninja
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Post by blueninja on Nov 22, 2017 11:30:36 GMT
£2million seems a rather large tranche. I’m curious as to why the developer needs such a large amount all in one go. I think I’ll sit this one out.
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blueninja
Member of DD Central
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Collateral (COL) in Liquidation
Memorable Word
Nov 18, 2017 17:31:06 GMT
Post by blueninja on Nov 18, 2017 17:31:06 GMT
Memorable word now rejected every time I attempt to sign in on my desktop computer (using chrome). On mobile (chrome), in first time . Just tried to login and it worked for me first time using desktop and chrome. I sometimes have problems, but it usually works 2nd attempt.
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blueninja
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Posts: 79
Likes: 48
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Post by blueninja on Nov 16, 2017 18:59:58 GMT
Interest paid out on this today? What's going on? This is currently in negative territory, so maybe the borrower paid for an extension? If thats the case then its unusual for Ly not to communicate the facts.
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blueninja
Member of DD Central
Posts: 79
Likes: 48
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Post by blueninja on Nov 16, 2017 9:12:02 GMT
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blueninja
Member of DD Central
Posts: 79
Likes: 48
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Post by blueninja on Nov 16, 2017 9:04:27 GMT
Ok my bad I was expecting to see a pop up window with post formatted as viewed after its saved. Eg if you tag someone using username what is typed in “preview” does not exactly match what’s saved. Thanks for you help paul123 or for a little test if I mistype @paull23 Edit: apologies to username for the tag, did not expect to see a username of username!!
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blueninja
Member of DD Central
Posts: 79
Likes: 48
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Post by blueninja on Nov 15, 2017 22:56:49 GMT
The preview button when creating a post does not work for me. I am using Chrome Version 62.0.3202.94 Does it work for anyone else?
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blueninja
Member of DD Central
Posts: 79
Likes: 48
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Post by blueninja on Nov 15, 2017 22:47:16 GMT
Collateral Rep Please can the multi loans for Bolton have the duration unified/corrected/whatever as currently I have 62, 64, 73, 115 and 126 days? Given the loan size, looking forward to your QS reports on progress. lol - they read your mind (or was it the other way around?) Collateral Rep - The Darwen loans have the same problem, Can you sort their loan duration's at the same time?
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blueninja
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Post by blueninja on Nov 14, 2017 19:31:15 GMT
What are peoples opinion on the Personal Guarantees used to calculate the LTV on some of the loans on AC? How does AC determine if a personal guarantee is worth the paper it is written on? Personal guarantees have little bearing in my book, its too easy for personal assets to over valued, moved to a spouse or just plain vanish.
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blueninja
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Post by blueninja on Nov 14, 2017 8:48:28 GMT
Noting that it's currently at -23 days and the interest for extension funds have not been received, why isn't this a 'technical event of default' - such as we had with a few others where funds owed weren't paid on time?? It might suggest the borrower has cashflow problems. According to the Lendy update, the borrower want to extend by 3 months, but has only paid interest for 1 month so far, and Lendy are not updating the days left figure until they have received the other 2 months worth of interest. Make of that what you will.
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blueninja
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Post by blueninja on Nov 12, 2017 11:35:49 GMT
Not sure I'm an expert, but I'd say google the borrower and I think it would be fair to say they are a colourful character, showing skills of how to dance round the legal system. Given that then I'd say that both loans will go to 0, and very likely to negative. The eventual resolution and payback of any capital, interest, etc. will me many months (years) down the line.
Fortunately for me I only held this loan for a few weeks its infancy.
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blueninja
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Post by blueninja on Nov 10, 2017 23:27:39 GMT
latest update confirms sale completed at a material shortfall (probably £200k+) although Ly dont give the price, PF to the rescue again? ... or maybe this will be the first LY loan to make a loss of capital. The wording of the update hints that way.
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blueninja
Member of DD Central
Posts: 79
Likes: 48
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Post by blueninja on Nov 9, 2017 23:36:33 GMT
Ho Ho Ho, my favourite Loan, endless entertainment!!! Had "Don't Invest In Me" stamped all over it. But then, I do have some in The Power Boat, so I guess we're all mugs at some time or another?! Snap. Could not quite get my head round how it it would ever repay, given the borrowers track record, certainly knows their way round the legal system. Still funny thinks happen, an earlier investment of mine in domain names mysteriously paid back 100% of capital after a lengthy default........
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blueninja
Member of DD Central
Posts: 79
Likes: 48
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Post by blueninja on Nov 9, 2017 23:03:14 GMT
Interesting thread, never worked this out before, but here is mine.
P2P 13% Shares 2% Cash 25% BTL 60%
Been in P2P almost 5 years, but only tinkered for the 1st three. but have been reducing P2P since about this time last year.
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blueninja
Member of DD Central
Posts: 79
Likes: 48
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Post by blueninja on Nov 9, 2017 22:20:25 GMT
just checking how many posts i've made Yes that's a clever way of checking your post count :-) Oh I've a way to go yet :-(
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