invester
P2P Blogger
Posts: 612 
Likes: 618
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Post by invester on Nov 3, 2017 10:18:17 GMT
Called this a while back.
I feel there is little merit to it, the only beneficiaries being Lendy.
Everyone should fill it in rejecting it, and I bet they still do a Funding Circle and impose it on everyone, trying to claim it’s what customers wanted.
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stokeloans
Member of DD Central
Posts: 402
Likes: 485
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Post by stokeloans on Nov 3, 2017 10:20:07 GMT
I answered no to every question.
There are a couple of platforms I'm happy to auto invest with,Lendy isn't one !
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elsee
Member of DD Central
Retired:D
Posts: 201 
Likes: 117
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Post by elsee on Nov 3, 2017 10:23:28 GMT
No for me too! The comments box at the end was great fun to complete and it was larger than it looked so managed to cover quite a few things.
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Post by lendinglawyer on Nov 3, 2017 10:27:46 GMT
lololololol
it's a joke right?
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Post by portlandbill on Nov 3, 2017 10:38:38 GMT
a lot depends on how fixed "fixed" is. if they're offering 6% regardless of the performance of individual loans (i.e. they're taking the risk) what's the problem?
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littleoldlady
Member of DD Central
Running down all platforms due to age
Posts: 3,045
Likes: 1,862
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Post by littleoldlady on Nov 3, 2017 10:44:56 GMT
a lot depends on how fixed "fixed" is. if they're offering 6% regardless of the performance of individual loans (i.e. they're taking the risk) what's the problem? Bitter experience has taught me that as far as Ly are concerned nothing is ever fixed.
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mrflush
Member of DD Central
This is not me
Posts: 98
Likes: 40
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Post by mrflush on Nov 3, 2017 10:46:08 GMT
a lot depends on how fixed "fixed" is. if they're offering 6% regardless of the performance of individual loans (i.e. they're taking the risk) what's the problem? If that's the case then they will only use the better loans, which we may never see, leaving the bottom of the pile for us to invest in. Don't lighthouses have some kiind of daylight sensor?
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Post by portlandbill on Nov 3, 2017 10:54:37 GMT
It's foggy today  |
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Post by sayyestocress on Nov 3, 2017 10:54:59 GMT
If they're factoring in cash drag and giving lower risk loans then it kinda makes sense. If it's the same ~12% loans then they're taking the Michael. Half the rate with the same risk...?
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locutus
Member of DD Central
Posts: 1,059
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Post by locutus on Nov 3, 2017 10:56:05 GMT
Certainly needed a good laugh this morning.  |
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stokeloans
Member of DD Central
Posts: 402
Likes: 485
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Post by stokeloans on Nov 3, 2017 10:56:28 GMT
a lot depends on how fixed "fixed" is. if they're offering 6% regardless of the performance of individual loans (i.e. they're taking the risk) what's the problem? Lendy have been known to move the goalposts though....and never in favour of us !
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guff
Posts: 730
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Post by guff on Nov 3, 2017 11:03:59 GMT
Have the clocks gone back to April?
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Post by Lendy Support on Nov 3, 2017 11:08:23 GMT
Hi, over 400 responses so far. Interesting that the views in this thread are very much in the minority. Lendy Support (Forum update: Early results - 715 responses; 46% in favour of auto-invest product, 33% against, 21% don't know.) |
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Steerpike
Member of DD Central
Posts: 1,977
Likes: 1,687
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Post by Steerpike on Nov 3, 2017 11:08:34 GMT
Golly, that was fun, I entered N and 0 to everything and yes this is a jolly innovative idea and by the way the image of Lord Kitchener is a tired cliche that is used only by those with no imagination whatsoever and no I won't be recommending it.
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Post by lendinglawyer on Nov 3, 2017 11:13:56 GMT
Hi, over 400 responses so far. Interesting that the views in this thread are very much in the minority. Lendy Support Oh hi Lendy Support. Nice of you to pop up to promote the new product rather than answer the various support queries which are posted on this forum/submitted to you through other channels. Who exactly do you "support"? Many thanks. PS I can totally see this product will appeal to some, but the risks in it are surely very high.
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