invester
P2P Blogger
Posts: 612 
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Post by invester on Jun 11, 2018 14:30:09 GMT
Almost every platform seems to have these types of certificates.
If FC are 6th with a rating of 3.81 I hate to think what the 20th placed one would be scoring.
Alternatively it might seem possible that these were the only platforms that paid up entered...
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toffeeboy
Member of DD Central
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Post by toffeeboy on Jun 20, 2018 11:39:37 GMT
Dear all, thanks as always for your comments. Lendy has indeed won the trusted P2P platform award at the Moneywise Customer Services Awards 2018. We'll post the award certificate when it arrives. Best wishes, Lendy Support Ah the nuances of the English language.
England are World Cup Finalists but we are yet to find out if they are the World Cup Finalists
Lendy have won the Most Trusted award but Lending Works are the Most Trusted platform.
Well done anyway ... but Id rather you sorted out a few defaults, provide IMS reports, get full FCA authorisation, oh, and, given recent news, provide copies of loan contracts to lenders (we might need them). That would boost lenders trust
Not sure that the emboldened text is relevant, England are indeed world cup finalists as they have qualified for the world cup finals. The world cup encompasses all of the qualifying and these finals as every country enters the world cup and they try to qualify for the finals. Now we are at the finals every country is trying to win the world cup not be a world cup finalist as they already are that.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Jun 20, 2018 12:32:32 GMT
Ah the nuances of the English language.
England are World Cup Finalists but we are yet to find out if they are the World Cup Finalists
Lendy have won the Most Trusted award but Lending Works are the Most Trusted platform.
Well done anyway ... but Id rather you sorted out a few defaults, provide IMS reports, get full FCA authorisation, oh, and, given recent news, provide copies of loan contracts to lenders (we might need them). That would boost lenders trust
Not sure that the emboldened text is relevant, England are indeed world cup finalists as they have qualified for the world cup finals. The world cup encompasses all of the qualifying and these finals as every country enters the world cup and they try to qualify for the finals. Now we are at the finals every country is trying to win the world cup not be a world cup finalist as they already are that.
In the context of the discussion it was relevant how a phrase can be interpreted in different ways. The point is that the statement 'world cup finalist' has two interpretations. You can be a World Cup Finalist by playing in the Fifa World Cup Finals, 32 countires have that distiction in 2018. Stick in a definitive article and it takes on a different meaning. Being a World Cup Finalist means you are playing in the World Cup Final (singular not plural) & only two teams will have that distinction. Every country is trying to be a World Cup Finalist (2nd interpretation) as it is a) more prestigious than the first definition b) obligatory if you are going to win the World Cup.
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Jeepers
Member of DD Central
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Post by Jeepers on Jul 5, 2018 16:23:13 GMT
I've had enough of the fortnightly BS cycle, none of Lendy's updates have Any credibility.
I'd like to see communication from the borrower/their solicitor/refinancing company word for word (confidentials blurred out), posted on the platform it arrives.
Then Lendy can't be held accountable for the 'he said, she said' rose tinted updates.
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invester
P2P Blogger
Posts: 612
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Post by invester on Jul 5, 2018 18:26:46 GMT
A nice thought but it'll never happen.
If the legal bods knew their words were gonna appear on Lendy's site (even retracted) all that it'll have the effect of doing it forcing the BS up the chain to everyone else.
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tx
Member of DD Central
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Post by tx on Jul 5, 2018 19:38:23 GMT
From borrower?! That’s more BS.
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Post by charliebrown on Jul 7, 2018 0:48:26 GMT
Another disappointing Fortnightly BS. Promised repayments that didn’t happen, most updates showing zero progress or a regressed position. With the size of the Lendy team, there’s 100s of man hours of “work” between each Fortnighly BS, what do they actually do all day, there’s never any outcome.
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Post by loftankerman on Jul 7, 2018 7:01:25 GMT
Another disappointing Fortnightly BS. Promised repayments that didn’t happen, most updates showing zero progress or a regressed position. With the size of the Lendy team, there’s 100s of man hours of “work” between each Fortnighly BS, what do they actually do all day, there’s never any outcome. Be fair! They're waging a constant war on the Trustpilot front and how much effort do you think has to go into planning all the Cowes Week parties? I'm surprised they don't call a moratorium on giving all progress reports so that they can focus on the serious business at hand. These considered and well meant reports are only spun by enemies of Lendy so they contribute to lender confusion and mistrust anyway. 
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Post by charliebrown on Aug 3, 2018 23:32:13 GMT
Latest updates pretty much showing no progress, on anything. Since they always claim to be “pushing” and “working tirelessly” the lack of progress month after month is very frustrating. With some loans 2 years overdue but still not considered losses by LY, I am unsure at what point LY will declare all these disaster loans with perpetual no-progress updates as losses.
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Post by p2plender on Aug 4, 2018 0:15:39 GMT
Most of the crew will be at Cowes quaffing and just a skeleton crew monitoring Trustpilot reviews. Forget any progress then in the next fortnightly bs! Then work's xmas party to start thinking about. Come back early 2019 when the 'tireless' work will begin. Some loan will be 3 yrs late by then   I can laugh, I haven't much left in. I personally know one or two who are going through hell because of this company and individuals. I'm sure Karma will arrive. |
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MarkT
Member of DD Central
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Post by MarkT on Aug 18, 2018 10:24:53 GMT
Well, for the six loans I'm stuck with, there appears to be no change.
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Post by brightspark on Aug 18, 2018 10:49:31 GMT
you are probably trapped in some of the same loans as me. Realistically it's going to be a long haul - 2 years minimum - blood pressure best controlled by logging in about once every three months.
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Post by charliebrown on Aug 18, 2018 14:06:00 GMT
One of the worst fortnightly BS ever. Apart from yet another loan defaulting and having receivers appointed (Penrhos) there’s been absolutely no progress on anything. Not sure who they think is going to drop 50k into their “wealth” scheme. Good luck with that.
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Post by charliebrown on Aug 18, 2018 14:10:51 GMT
you are probably trapped in some of the same loans as me. Realistically it's going to be a long haul - 2 years minimum - blood pressure best controlled by logging in about once every three months. I think you’re right; but can LY survive for 2 more years? If their deal to investors is “wait for 2 years without any interest being paid, then expect to recover a fraction of your invested capital” then I very much doubt it.
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Monetus
Member of DD Central
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Post by Monetus on Aug 18, 2018 14:29:01 GMT
One of the worst fortnightly BS ever. Apart from yet another loan defaulting and having receivers appointed (Penrhos) there’s been absolutely no progress on anything. Yep - absolutely zero progress made on any of my loans. It’s almost as if they took a week off for a jolly at a sailing regatta. 
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