bloodycat
Member of DD Central
Posts: 184 
Likes: 84
|
Post by bloodycat on Nov 10, 2017 14:37:46 GMT
It is the majority of those who expressed an opinion.
It's marketing BS so you shouldn't expect rigorous unambiguous reporting of statistics.
|
|
invester
P2P Blogger
Posts: 612
Likes: 618
|
Weekly BS
Nov 10, 2017 14:39:12 GMT
via mobile
Post by invester on Nov 10, 2017 14:39:12 GMT
Nothing worth reading any more.
Expect these phantom members to be inundating Lendy that they don’t want this anymore so they can revert to monthly updates then no updates at all because ‘none of the other platforms offer it’.
|
|
twoheads
Member of DD Central
Programming
Posts: 1,089
Likes: 1,192
|
Post by twoheads on Nov 10, 2017 14:43:13 GMT
It is the majority of those who expressed an opinion. It's marketing BS so you shouldn't expect rigorous unambiguous reporting of statistics. But it actually states ' with the majority of respondents, 46.3%...'. No room for ambiguity there.
|
|
MarkT
Member of DD Central
Posts: 190
Likes: 159
|
Post by MarkT on Nov 10, 2017 14:47:07 GMT
A bit like the Brexit majority of 37%.............
Just saying.
|
|
|
|
Post by chrisuk on Nov 10, 2017 15:02:52 GMT
A bit like the Brexit majority of 37%............. Just saying. I'm confused!! I thought 51.89% voted to leave. 48.11% voted to remain on a turnout of 72.21%. Mind you, the Tories managed to remain in power with only 42.4% of the vote in the General Election. Doesn't feel very democratic to me!!
|
|
invester
P2P Blogger
Posts: 612
Likes: 618
|
Weekly BS
Nov 10, 2017 15:13:08 GMT
via mobile
Post by invester on Nov 10, 2017 15:13:08 GMT
Put it this way if it was the other way around they would argue ‘only a minority are in favour’ because the sum of the other two are greater.
What will happen will happen, this faux customer consultation is a sham and an unsubtle one at that.
|
|
GeorgeT
Member of DD Central
Posts: 1,322
Likes: 1,576
|
Post by GeorgeT on Nov 10, 2017 15:27:13 GMT
Just skimmed the weekly BS. Since when did 46.3% constitute a majority? Under the 'first past the post' electoral system.
|
|
|
|
Post by robberbaron on Nov 10, 2017 18:33:16 GMT
Just skimmed the weekly BS. Since when did 46.3% constitute a majority? And they probably only reported the answers to the meaningless first question (i.e. "would you invest in an auto-investment product?") and totally ignored the responses to the much more meaningful question about specific rates. A well known trick of politicians.
|
|
coda
Posts: 21
Likes: 23
|
Post by coda on Nov 10, 2017 22:02:34 GMT
I can't see this product working for Lendy, especially given the rate that they intend to offer!
|
|
1stwaz
Member of DD Central
Posts: 57
Likes: 29
|
Post by 1stwaz on Nov 11, 2017 20:36:10 GMT
I can't see this product working for Lendy, especially given the rate that they intend to offer! I agree for half the interest why would I trust Lendy to make better selections!
|
|
mikes1531
Member of DD Central
Posts: 6,453
Likes: 2,320
|
Post by mikes1531 on Nov 11, 2017 21:36:59 GMT
I can't see this product working for Lendy, especially given the rate that they intend to offer! I agree for half the interest why would I trust Lendy to make better selections! Lendy probably wouldn't expect to sell much of that product to us. Their much bigger target is the people who don't use financial advisers and have zillions of pounds of cash sitting in bank accounts earning about 1%.
|
|
ric
Member of DD Central
Posts: 61
Likes: 35
|
Post by ric on Nov 11, 2017 22:03:59 GMT
those rates makes no sense at all. wouldn't i get a similar result just by prefunding all new loans?
|
|
mikes1531
Member of DD Central
Posts: 6,453
Likes: 2,320
|
Post by mikes1531 on Nov 11, 2017 22:39:15 GMT
those rates makes no sense at all. wouldn't i get a similar result just by prefunding all new loans? Possibly not -- if Lendy's default rate continues as it is now! It obviously depends on how the new bonds would be backed. By Lendy? By a PF?
|
|
GeorgeT
Member of DD Central
Posts: 1,322
Likes: 1,576
|
Post by GeorgeT on Nov 17, 2017 12:25:53 GMT
Pedant's hat on - Middlesbrough isn't a city.
|
|
1stwaz
Member of DD Central
Posts: 57
Likes: 29
|
Post by 1stwaz on Nov 23, 2017 22:05:25 GMT
those rates makes no sense at all. wouldn't i get a similar result just by prefunding all new loans? Possibly not -- if Lendy's default rate continues as it is now! It obviously depends on how the new bonds would be backed. By Lendy? By a PF? This product IMO is not designed to meet the needs of most, on this platform. I spend time doing my best to ensure I know who I am investing in. To give this up and trust Lendy to do greater DD in return for lower returns, does not add up.
|
|
