elliotn
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Post by elliotn on Jan 13, 2018 1:17:32 GMT
The all new, improved, market pulse taking, debt recovering, Cowes updating, L*** frolicking Fortnightly BS coming to Junk Mail near you starting Friday 19 Jan!!! Edit - x'd with new2  |
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rocky1
Member of DD Central
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Post by rocky1 on Jan 13, 2018 8:22:41 GMT
might as well make them monthly for what there worth.after reading yesterdays round up maybe lendy would be better making good all the losses in capital/interest/bonus interest that we are going to be facing shortly.than throwing millions into cowes for their own vanity and self praise. i forgot this is cloud lendy land.
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Post by saraph on Jan 14, 2018 13:40:45 GMT
The last section of their mail is titled "Coming down the pipe…"
I thought they were gonna talk about how Lendy is going down the toilet.
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xpubman1
Member of DD Central
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Post by xpubman1 on Jan 14, 2018 14:49:20 GMT
Wow... what humor, you should be on the stage, why not post something constructive, so that others may contribute and make sensible contributions
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Post by df on Jan 14, 2018 15:11:31 GMT
"The loans within our portfolio are worked through on a daily basis by J**** C*******, our dedicated Portfolio and Debt Recovery Officer, to ensure repayment is made as soon as possible." - poor J****, he has lots on his plate. I wish him every success!
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jonno
Member of DD Central
nil satis nisi optimum
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Post by jonno on Jan 14, 2018 15:36:31 GMT
"The loans within our portfolio are worked through on a daily basis by J**** C*******, our dedicated Portfolio and Debt Recovery Officer, to ensure repayment is made as soon as possible." - poor J****, he has lots on his plate. I wish him every success! He does indeed "have a lot on his plate"; I fear it's loaves and fishes, and will require a similar stunt 
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xpubman1
Member of DD Central
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Post by xpubman1 on Jan 14, 2018 16:13:02 GMT
Credit to Lendy, at least they name the guy, sure he will be busy and needs to get into it, but can he be contacted? TC's Recovery Manager resigned and she has never been replaced, there is a now a Recovery Team but they all remain unidentified and may not be contacted. The 700 or so loans in default are being dealt with ( so they say) but only the investors in the defaulted loan receive the updated information, so nobody really knows what is going on, consequently the investors have no idea of the platform statistics. So what would we rather have? Nothing or BS. At the very least we get a periodic general progress report that we can take or leave. In real terms I have no problem with Lendy having been with them since mid 2014, my total on the platform is probably a half of what it was and to date I have no losses and a gain of close to six figures. as an add on I look to invest for the term of the loan. Perhaps the name of Saving Stream gave the newbies the wrong impression of what they were getting into.
I have been around the circuit on the platforms that will have me since early 2012, they all have their faults so you put up with them or walk.
What I miss most is the constructive and helpful comment that could be found on this forum, now we get speculation and doom and gloom with no concrete DD, a shame, but of course I do not have to read it.
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blata
Posts: 77
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Post by blata on Jan 15, 2018 7:53:07 GMT
Another kick in the teeth always sweetness and when loans in the pipeline stage when it comes to the weekly/ fortnightly news all a little bit vague with serious ways to avoid the truth.
Classic lines like The festive season has delayed things, awaiting report for three weeks all if I may say B------t, I have now stated to withdraw completely, Lendy you should be politicians cant answer a straight question, or maybe you are all ex government employees as you waste our money like cost overuns in the defence sector
In my opinion you might as well throw money down the toilet.
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elliotn
Member of DD Central
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Post by elliotn on Jan 19, 2018 14:56:59 GMT
Now passed my bedtime Paul (any Womb. repayment due?), so a pre-emptive *bump*.
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blata
Posts: 77
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Post by blata on Jan 19, 2018 15:52:56 GMT
Better be a humdinger of a report, oops sorry going to guess.
1. Promise to repay in the next month
2. Trying to contact the solicitor.
3. Progress is being made.
4. Valuers have gone on a course to work out what they do.
5. Gone sailing will maybe give some information about Cowes week.
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webwizard
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Post by webwizard on Jan 19, 2018 16:08:02 GMT
Wow, reading the update on all my loans I have learning nothing about any of them.
The positive hints of 2 weeks ago are now setbacks, the IMS reports are either only just received and not read on not quite with them yet....
Sounds like little or no progress anywhere.
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rocky1
Member of DD Central
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Post by rocky1 on Jan 19, 2018 17:01:00 GMT
did you really expect anything else. no wonder lender confidence is at a all time low not just with lendy but across nearlly all p2p platforms who should start realising that a lot of members on these forums really know what they are talking about [myself not included] as i think i found the forum a bit to late.
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stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
Posts: 1,447
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Post by stub8535 on Jan 19, 2018 18:02:55 GMT
So Lendy are reducing time for funding from 2 days to 1 and its to lenders benefit as we will be able to access the loans quicker. Really.
If Lendy want to end inpl then end it. Don't pussy foot around.
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Post by saraph on Jan 19, 2018 23:50:35 GMT
So Lendy are reducing time for funding from 2 days to 1 and its to lenders benefit as we will be able to access the loans quicker. Really. If Lendy want to end inpl then end it. Don't pussy foot around. I don't understand what they meant by that change at all. What exactly is being reduced from 2 days to 1 day?
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Post by skint4achange on Jan 20, 2018 0:16:00 GMT
So Lendy are reducing time for funding from 2 days to 1 and its to lenders benefit as we will be able to access the loans quicker. Really. If Lendy want to end inpl then end it. Don't pussy foot around. I don't understand what they meant by that change at all. What exactly is being reduced from 2 days to 1 day? The grace period from when a loan goes live to when it has to be paid for if you have pre-funded.
Complete load of pish.
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