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Post by GSV3MIaC on Aug 18, 2018 15:55:05 GMT
ITYM 'fortnight' .. there was, after all, setting up to be done.
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rocky1
Member of DD Central
Posts: 1,139 
Likes: 1,963
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Post by rocky1 on Aug 22, 2018 18:50:48 GMT
i guess lendy now have a big wages bill to pay each month.
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Post by p2plender on Aug 23, 2018 3:32:51 GMT
5 loans going live tomorrow. Is this to tie in with a big repayment? Any guesses? I'd say a big fat 'NO' 5 more tranches, DFL19 Quite incredible ongoing situation there! Best part of a million quid required to fill these tranches. 
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orvilorvil
Member of DD Central
Posts: 67
Likes: 60
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Post by orvilorvil on Aug 30, 2018 18:47:11 GMT
I wonder how much procrastination will have been achieved in the last two weeks
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Monetus
Member of DD Central
Posts: 1,179
Likes: 2,961
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Post by Monetus on Aug 31, 2018 14:54:12 GMT
Oh dear looks like we're going to have to change the thread title again.  |
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Jeepers
Member of DD Central
Posts: 818
Likes: 721
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Post by Jeepers on Aug 31, 2018 15:05:24 GMT
Yep, Monthly BS.
Too busy reporting the TP reviews.
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sj
Member of DD Central
Posts: 229
Likes: 330
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Post by sj on Aug 31, 2018 15:06:31 GMT
Monthly BS from now on, but don't worry i'm sure that there will be twice as much BS as before to compensate. Plus there will be special extra BS in their s̶p̶a̶m̶ marketing emails. And in the reports too - oh no, wait, they are already full of BS. What is this rule of 72? Is that how many years it will take for Lendy to declare lost capital on their defaults? Or is it a running total of how many times they've fobbed us off? I don't even look at their emails any more, just send them straight to junk.
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invester
P2P Blogger
Posts: 612
Likes: 618
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Post by invester on Aug 31, 2018 15:09:49 GMT
Probably too embarrassed because most of the updates are no change. I don't think the updates will have any more substance than they do now.
At least they haven't tried to make up further BS and try to claim that they've gone monthly because that's what investors want.
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Balder
Member of DD Central
Posts: 646
Likes: 622
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Post by Balder on Aug 31, 2018 15:10:36 GMT
lenders cry out for more and better information. Lendy half it. They are doomed, arrogant management will bring them down.
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jcb208
Member of DD Central
Posts: 838
Likes: 638
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Post by jcb208 on Aug 31, 2018 15:24:33 GMT
Lendy Support another pathetic attempt at updates ,NO I do not want monthly updates and still no repayment of DFL005 .this was your last chance Im getting out as soon as possible
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wuzimu
Member of DD Central
Posts: 236
Likes: 735
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Post by wuzimu on Aug 31, 2018 17:25:52 GMT
we all sick of jam tomorrow?
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hazellend
Member of DD Central
Posts: 2,363
Likes: 2,180
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Post by hazellend on Aug 31, 2018 17:53:23 GMT
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Post by brightspark on Aug 31, 2018 18:14:25 GMT
My optimistic outlook is that the BS becomes quarterly and then perhaps annually.
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Post by loftankerman on Aug 31, 2018 19:26:48 GMT
I anticipate that the gaps between updates will continue to increase until such a time as posters on this forum will no longer remember that the information provided is just a cut and paste of the previous one.
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rocky1
Member of DD Central
Posts: 1,139
Likes: 1,963
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Post by rocky1 on Sept 1, 2018 7:40:07 GMT
No matter what way you look at at the whole thing seems to be falling apart.new tranches mainly to fund extensions and next to no progress on actual completion and repayment on anything.barely 200 lenders now as probably even new lenders will be at their risk limit on all these loans.lendy wealth seems to be a complete failure with lendy dropping min investment to 10k.a bit like the way their valuations drop when payback time comes.secured loans,debentures,PGs,well we can all see what they are good for.now monthly updates,might as well not bother at all just let us know when something has partial paid back as all these DFLs cannot seem to get refinance so we are dependent on sales of units.i hope lendy can get most of this sorted one way or another before brexit as that will be the next lendy excuse as to why everything has come to a stand still.all in all what a mess lendy has got themselves and hundreds if not a few thousand investors into.
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