ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,333 
Likes: 11,552
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Post by ilmoro on Nov 2, 2018 14:56:29 GMT
For those feeling short changed this month. Check out the FB page for thoughts on the budget.
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Post by patright on Nov 2, 2018 15:32:47 GMT
No no, there is LOTS of good news, as long as you are an administrator, receiver, or lawyer. Even borrowers may be happy-ish. Not so sunny for Lenders though. Perhaps time for a(nother) name change to something like "Borrowy"? faily comes to mind
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greatmarko
Member of DD Central
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Post by greatmarko on Nov 2, 2018 16:46:36 GMT
Maybe if funds are an issue Lendy should seek some sponsorship? Maybe Cowes Week could sponsor them?(!)
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sussexlender
Member of DD Central
Cheat seeking missile
Posts: 550
Likes: 916
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Post by sussexlender on Nov 6, 2018 8:19:02 GMT
As we all wave a sad goodbye to the once weekly then monthly highly creative Lendy BS we can rejoice that many prisoners of the increasing number of Lendy defaults have now received text messages seeking to persuade them to throw more money into further tranches of ever lasting loans.
Wishful thinking by Lendy because I got these daft text messages for 2 new tranches in loans I have no investments. Either their investment base is wrong or they have inadvertently revealed their utter incompetence.
Hello to the new and creative Lendy SMS daily BS perhaps?
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Post by p2plender on Nov 6, 2018 10:42:32 GMT
justgiving page coming soon..
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averageguy
Member of DD Central
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Post by averageguy on Nov 29, 2018 12:01:08 GMT
Not long to wait for...........a tale or two
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ric
Member of DD Central
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Post by ric on Nov 30, 2018 10:10:09 GMT
I made a list of loans where, based on last month update, we should expect some (partial or full) form of repayment before the end of the year:
Loan Expected Date Loan Value
PBL177 23/11/18 £483,000 sold at auction
PBL178 23/11/18 £1,144,500 sold at auction
PBL179 23/11/18 £1,050,000 sold at auction
DFL026 29/11/18 £1,331,522 We expect the loan to be fully repaid on or before the loan maturity date
DFL008 30/11/18 £9,244,192 we expect the refinance to complete before the end of November 2018
DFL035 30/11/18 £523,186 we expect the refinance to complete before the end of November 2018
DFL031 06/12/18 £1,296,086 The borrower has advised that the loan will be refinanced before expiry
PBL095 25/12/18 £1,890,000 we anticipate being in a position to make the partial capital repayment to investors of c65% of capital before the festive period
PBL133 25/12/18 £309,591 The borrower expects to be able to settle the full outstanding sums shortly and by the start of the festive period at the latest
PBL194 25/12/18 £288,959 The borrower expects to be able to settle the full outstanding sums shortly and by the start of the festive period at the latest
PBL103 25/12/18 £2,100,000 The borrower expects to fully repay the loan before Christmas
DFL027 31/12/18 £3,488,289 A refinance has been agreed
Total loan value is 23mln Eur, which would be a decent outcome to even get close to it.
Can you guys let me know if I missed any loan and what is your expectation of repayments before year end?
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sydb
Member of DD Central
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Post by sydb on Nov 30, 2018 12:30:27 GMT
I ignore any line that mentions the word, 'expect', 'anticipate' or the phrase, 'borrower has advised'. Sorry to be cynical, but history shows it.
The first three lines have value (check out the sale prices ref distressed sale valuations (i.e. the least that can be expected) for a laugh) and maybe the last, so thanks for summarizing those. Until things happen for definite, the rest is meaningless to me.
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Post by brightspark on Nov 30, 2018 14:19:47 GMT
I made a list of loans where, based on last month update, we should expect some (partial or full) form of repayment before the end of the year: Loan Expected Date Loan Value PBL177 23/11/18 £483,000 sold at auction PBL178 23/11/18 £1,144,500 sold at auction PBL179 23/11/18 £1,050,000 sold at auction DFL026 29/11/18 £1,331,522 We expect the loan to be fully repaid on or before the loan maturity date DFL008 30/11/18 £9,244,192 we expect the refinance to complete before the end of November 2018 DFL035 30/11/18 £523,186 we expect the refinance to complete before the end of November 2018 DFL031 06/12/18 £1,296,086 The borrower has advised that the loan will be refinanced before expiry PBL095 25/12/18 £1,890,000 we anticipate being in a position to make the partial capital repayment to investors of c65% of capital before the festive period PBL133 25/12/18 £309,591 The borrower expects to be able to settle the full outstanding sums shortly and by the start of the festive period at the latest PBL194 25/12/18 £288,959 The borrower expects to be able to settle the full outstanding sums shortly and by the start of the festive period at the latest PBL103 25/12/18 £2,100,000 The borrower expects to fully repay the loan before Christmas DFL027 31/12/18 £3,488,289 A refinance has been agreed Total loan value is 23mln Eur, which would be a decent outcome to even get close to it. Can you guys let me know if I missed any loan and what is your expectation of repayments before year end? If hope and expect mean the same thing the answer is 100%. If they don't then the expectation is zero. More to the point the remaining overdue loans also have neither hope nor expectation.
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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
Posts: 11,333
Likes: 11,552
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Post by ilmoro on Nov 30, 2018 17:09:07 GMT
1 partly down, first track of DFL026 repaid.
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averageguy
Member of DD Central
Posts: 1,188
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Post by averageguy on Dec 3, 2018 13:26:13 GMT
Not sure why i’m too bothered about this update ...but I do like a good read ..hurry up Lendy  |
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Mr_N
Posts: 222
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Post by Mr_N on Dec 3, 2018 13:53:22 GMT
Not sure why i’m too bothered about this update ...but I do like a good read ..hurry up Lendy They're not sending out monthly investor updates anymore, and it would seem that the individual loan updates are now on an ad hock basis when they actually want to update investors with anything.
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Mousey
Member of DD Central
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Post by Mousey on Dec 3, 2018 14:39:46 GMT
I've just received the email about interest ... date at the top - "3rd September 2018"
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Post by GSV3MIaC on Dec 3, 2018 15:14:14 GMT
Not sure why i’m too bothered about this update ...but I do like a good read ..hurry up Lendy They're not sending out monthly investor updates anymore, and it would seem that the individual loan updates are now on an ad hock basis when they actually want to update investors with anything. Actually there are a full set of loan updates on the LY site, if you but go look for them. Only the monthly weather and shopping discussions have been discontinued.
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star dust
Member of DD Central
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Post by star dust on Dec 3, 2018 17:04:12 GMT
They're not sending out monthly investor updates anymore, and it would seem that the individual loan updates are now on an ad hock basis when they actually want to update investors with anything. Actually there are a full set of loan updates on the LY site, if you but go look for them. Only the monthly weather and shopping discussions have been discontinued. No weather forecast but complete with shades - I've just posted the full loan book updates into DDC for those with access.
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