jsmill
Member of DD Central
Posts: 100
Likes: 114
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Post by jsmill on Feb 22, 2018 10:06:27 GMT
Short answer from my perspective is no and I now only have a token amount left in with Lendy. There are a number of platforms that, in my opinion have issues around their valuation process with the result that the quoted LTV in many cases is just meaningless. However, Lendy are the worst of these of the platforms that I have used. My current approach is RS for the rolling market for cash balances I don't want tied up and for longer term investments ABL/Moneything/AC. I have recently paused new investments in Moneything whilst I see how a couple of the defaults play out.
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