greatmarko
Member of DD Central
Posts: 343 
Likes: 373
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Post by greatmarko on Aug 30, 2018 7:58:30 GMT
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TenKay
Member of DD Central
Posts: 144
Likes: 117
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Post by TenKay on Aug 30, 2018 8:30:36 GMT
its more likely these 5* reviews are new investors in LY and seeing interest paid each month at a good rate
i was one of those people, saving stream as it was, was great until...............
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sj
Member of DD Central
Posts: 229
Likes: 330
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Post by sj on Aug 30, 2018 9:34:37 GMT
Keep up the good work in spreading the truth about Lendy! Has anybody turned their attention to Lendy's Facebook page? It's currently got a rating of 3.3 out of 5 stars - I think we need to make that more like a 1 out of 5. Left my review there quite a while ago. It might not get as much attention from potential investors as TP but might still be worth spreading the word there too.
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Post by cashmax on Aug 30, 2018 9:55:08 GMT
Keep up the good work in spreading the truth about Lendy! Has anybody turned their attention to Lendy's Facebook page? It's currently got a rating of 3.3 out of 5 stars - I think we need to make that more like a 1 out of 5. Left my review there quite a while ago. It might not get as much attention from potential investors as TP but might still be worth spreading the word there too. Writing a bad review, but giving it 4 or 5 stars, would automatically put it at the top of the facebook / Trustpilot filtered results....
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Post by loftankerman on Aug 30, 2018 13:33:27 GMT
Interesting to note that a recent 1 star review by James in which he basically quoted Lendy's own figures to demonstrate the state of play, has simply been removed. So, no explanation, no moaning about alleged non conformances... just gone. Do you think Donald Trump might be an unusually silent partner in this outfit?
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TenKay
Member of DD Central
Posts: 144
Likes: 117
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Post by TenKay on Aug 30, 2018 14:47:49 GMT
been banned for a month for posting a screen shot of one of the trustpilot reviews so see you next month hopefully
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Post by loftankerman on Aug 30, 2018 19:54:14 GMT
been banned for a month for posting a screen shot of one of the trustpilot reviews so see you next month hopefully
Nice to know. I have been tempted to do that myself. My tardiness has paid off yet again. Many happy returns buddy.
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Post by cashmax on Aug 30, 2018 20:05:57 GMT
Interesting to note that a recent 1 star review by James in which he basically quoted Lendy's own figures to demonstrate the state of play, has simply been removed. So, no explanation, no moaning about alleged non conformances... just gone. Do you think Donald Trump might be an unusually silent partner in this outfit? That was me, basically trustpilot just said they couldn't be sure it was a genuine review so they were shutting down my whole account.
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michaelc
Member of DD Central
Say No To T.D.S.
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Post by michaelc on Aug 30, 2018 20:20:57 GMT
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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 18:53:34 GMT
TP latest review states 2 more directors resigning by xmas. was this in fortnightly update as i do not seem to recieve emails from lendy anymore.or has this come from somewhere else.does not look good if true.
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Post by charliebrown on Sept 1, 2018 19:20:04 GMT
TP latest review states 2 more directors resigning by xmas. was this in fortnightly update as i do not seem to recieve emails from lendy anymore.or has this come from somewhere else.does not look good if true. Wasn’t mentioned in “investor round-up” which instead had a patronising article about why compound interest is good. I doubt LY would actually willingly tell us their Directors are leaving, it’s just not their style. Wonder where this info came from and whether it’s accurate. The current situation looks disasterous. I think we should be ready for LY to pull the plug and fold the company once they’ve got no incentive to carry on. Does anyone know how that scenario would play out?
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agent69
Member of DD Central
Posts: 6,053
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Post by agent69 on Sept 1, 2018 19:37:52 GMT
TP latest review states 2 more directors resigning by xmas. was this in fortnightly update as i do not seem to recieve emails from lendy anymore.or has this come from somewhere else.does not look good if true. I think we should be ready for LY to pull the plug and fold the company once they’ve got no incentive to carry on. Does anyone know how that scenario would play out? Collateral mark 2?
Just pray that they don't have somebody called Gordon lined up as administrator
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reinvestor
Member of DD Central
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Likes: 224
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Post by reinvestor on Sept 1, 2018 19:59:09 GMT
If the review is correct then the end game is nigh.
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Post by Proptechfish on Sept 1, 2018 22:50:02 GMT
TP latest review states 2 more directors resigning by xmas. was this in fortnightly update as i do not seem to recieve emails from lendy anymore.or has this come from somewhere else.does not look good if true. Clerly, whoever wrote this is speaking out of his arse. 2 more directors leaving? There's only one- Liam. But they'll only go if they can raise £60k?? They're making that net profit every month. Lendy won't go under, that's for sure. Some loans might, but not the platform. Not convinced of an imminent collapse given relatively good financials, their in no state to IPO. I'm personally erring towards a take over in the next 12 months. They have been taking defensive measures in the last few months ie. departure of a founder, no new borrowers for some time (new loans have been pre-committed development tranches), the short-termism of trying to manipulate public feed back on review sites. Could be window dressing for a sale, either way something has got to give at LY, the formula is un-sustainable.
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Post by charliebrown on Sept 1, 2018 22:59:57 GMT
TP latest review states 2 more directors resigning by xmas. was this in fortnightly update as i do not seem to recieve emails from lendy anymore.or has this come from somewhere else.does not look good if true. Clerly, whoever wrote this is speaking out of his arse. 2 more directors leaving? There's only one- Liam. But they'll only go if they can raise £60k?? They're making that net profit every month. Lendy won't go under, that's for sure. Some loans might, but not the platform. Not sure I agree. Look at all the overpaid champagne Charlies on their payroll. Just as most investors are seeing their interest payments dry up then I’m sure LY’s revenues are drying up. I also don’t think you can separate loans going under from the platform going under, the outcomes are related.
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