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Post by p2plender on Feb 8, 2019 10:23:30 GMT
Seems a post has been removed from o/night regarding a petition. Won't post more but the poster was genuine. Anyway heard about this campaign?
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agent69
Member of DD Central
Posts: 6,051 
Likes: 4,440
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Post by agent69 on Feb 8, 2019 11:06:15 GMT
Where Trust pilot have agreed to pull the review (normally breach of guidelines), it would be good if TP explained what guideline it had fallen foul of.
Alternatively, how about a cricket style review system, where Lendy get 2 reviews a month. If they complain about a post and it gets pulled they keep their review, but once they have had 2 unsucessful appeals then thats their allowance used up for the month.
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Post by loftankerman on Feb 8, 2019 11:35:04 GMT
Lendy seem to have backed off objecting to every one star review as a matter of principle. I didn't see the recent arrival and departure, but ones that I have noted to have been deleted were ones which were unquestionably in breach of posting guidelines and in some cases inviting litigation.
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Post by charliebrown on Feb 8, 2019 15:58:37 GMT
Lendy seem to have backed off objecting to every one star review as a matter of principle. I didn't see the recent arrival and departure, but ones that I have noted to have been deleted were ones which were unquestionably in breach of posting guidelines and in some cases inviting litigation. I don’t think LY cares anymore. It reminds me of that old Football chant “no one likes us, we don’t care”. I believe it’s a millwall chant.
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sydb
Member of DD Central
Posts: 345
Likes: 316
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Post by sydb on Feb 8, 2019 16:43:20 GMT
I have become exasperated by the fact that attempts to use my Lloyds debit card to buy loan parts (Not on Lendy) were regularly being declined as potential attempts at fraud. This usually involved queuing to get through four levels of security to get my card unblocked and took 40-60 minutes to achieve depending on queue times, each level having a separate queue. They have apologised repeatedly and even paid me compensation and covered the costs of phone calls. That doesn't stop them doing it again the next time. I looked them up on TP only to find that they have an 87% one star review rate. I know Lendy have been'managing' the figures on this but I still imagine that Lloyds see the Lendy satisfaction level as something to be aimed for. After the last episode Lloyds have lost my P2P transaction business and will be phased out altogether at my convenience. Check out all the other big banks in comparison. They are much the same. People generally only post if they have a negative experience. The only time this doesn't happen is when they are prompted to give a review just after opening an account, when they haven't actually done anything yet. Mind you, I really don't think the big banks are interested in the concerns of the little people anymore. Either that or they are too big to be able to with any level of competence.
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Post by martin44 on Feb 12, 2019 13:19:55 GMT
Lendy seem to have backed off objecting to every one star review as a matter of principle. I didn't see the recent arrival and departure, but ones that I have noted to have been deleted were ones which were unquestionably in breach of posting guidelines and in some cases inviting litigation. I don’t think LY cares anymore. It reminds me of that old Football chant “no one likes us, we don’t care”. I believe it’s a millwall chant. More likely Leeds Utd. 
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gc
Member of DD Central
Posts: 152
Likes: 141
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Post by gc on Feb 12, 2019 18:52:03 GMT
Lendy seem to have backed off objecting to every one star review as a matter of principle. I didn't see the recent arrival and departure, but ones that I have noted to have been deleted were ones which were unquestionably in breach of posting guidelines and in some cases inviting litigation. I don’t think LY cares anymore. It reminds me of that old Football chant “no one likes us, we don’t care”. I believe it’s a millwall chant. If they don't care anymore (and it may just be me, but) that's a concern.
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stokeloans
Member of DD Central
Posts: 402
Likes: 485
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Post by stokeloans on Feb 12, 2019 21:04:46 GMT
I don’t think LY cares anymore. It reminds me of that old Football chant “no one likes us, we don’t care”. I believe it’s a millwall chant. More likely Leeds Utd. It's Millwall
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Post by martin44 on Feb 12, 2019 21:20:20 GMT
I don’t think LY cares anymore. It reminds me of that old Football chant “no one likes us, we don’t care”. I believe it’s a millwall chant. If they don't care anymore (and it may just be me, but) that's a concern. TBH (call me an old fool) i really do think lendy care... well, i hope they do, cos ive got a hell of a lot of money still invested there and i now want to see their recovery team make some positive progress, my suggestion would be **... lower the LTV TO 55% based on the assumption that the rics wallys are always 15% out... or... employ 3 rics valuers for every loan, and make the LTV offer 10% lower than the lowest rics valuation.... its quite obvious to anyone with a brain cell... the rics valuers are not fit for purpose. and its also quite obvious that lendys recovery's (not all, but most) are never going to meet the original valuations.. @lendy time to act?  edit .. savingstream ? @lendy ? Paul64 ? theirs that many iv'e now lost my way...  edit at the ** "IN...THE ....FUTURE"
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izigor
Member of DD Central
Posts: 162
Likes: 86
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Post by izigor on Feb 13, 2019 3:15:40 GMT
If they don't care anymore (and it may just be me, but) that's a concern. TBH (call me an old fool) i really do think lendy care... well, i hope they do, cos ive got a hell of a lot of money still invested there and i now want to see their recovery team make some positive progress, my suggestion would be **... lower the LTV TO 55% based on the assumption that the rics wallys are always 15% out... or... employ 3 rics valuers for every loan, and make the LTV offer 10% lower than the lowest rics valuation.... its quite obvious to anyone with a brain cell... the rics valuers are not fit for purpose. and its also quite obvious that lendys recovery's (not all, but most) are never going to meet the original valuations.. @lendy time to act? edit .. savingstream ? @lendy ? Paul64 ? theirs that many iv'e now lost my way... edit at the ** "IN...THE ....FUTURE" Last activity for savingstream was in July 2017 and for Paul64 was in July 2018. It's probably safe to assume they don't engage or probably even read here anymore?
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Post by picanto on Feb 13, 2019 11:13:42 GMT
TBH (call me an old fool) i really do think lendy care... well, i hope they do, cos ive got a hell of a lot of money still invested there and i now want to see their recovery team make some positive progress, my suggestion would be **... lower the LTV TO 55% based on the assumption that the rics wallys are always 15% out... or... employ 3 rics valuers for every loan, and make the LTV offer 10% lower than the lowest rics valuation.... its quite obvious to anyone with a brain cell... the rics valuers are not fit for purpose. and its also quite obvious that lendys recovery's (not all, but most) are never going to meet the original valuations.. @lendy time to act? edit .. savingstream ? @lendy ? Paul64 ? theirs that many iv'e now lost my way... edit at the ** "IN...THE ....FUTURE" Last activity for savingstream was in July 2017 and for Paul64 was in July 2018. It's probably safe to assume they don't engage or probably even read here anymore? Which is a huge shame because this forum is a great opportunity for Lendy to communicate with investors with what is going on which would help their public relations and investor confidence. But what do I know, I'm just an average investor.
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Post by charliebrown on Feb 13, 2019 12:53:38 GMT
Last activity for savingstream was in July 2017 and for Paul64 was in July 2018. It's probably safe to assume they don't engage or probably even read here anymore? Which is a huge shame because this forum is a great opportunity for Lendy to communicate with investors with what is going on which would help their public relations and investor confidence. But what do I know, I'm just an average investor. The relationship between Lenders and LY has been completely destroyed, it’s now one of mutual disrespect. The relationship between borrowers and LY has probably never been better.
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sydb
Member of DD Central
Posts: 345
Likes: 316
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Post by sydb on Feb 13, 2019 14:04:46 GMT
The relationship between Lenders and LY has been completely destroyed, it’s now one of mutual disrespect. The relationship between borrowers and LY has probably never been better. I don't see why Lendy would have become more disrespectful of lenders. Also, going by the London loan situation, I certainly see that not all the borrowers have a good relationship with Lendy. Given the relatively high interest rates, the high number of defaults and the extra cream claimed for late payments, etc, I can't see many borrowers having what could be called a good relationship with Lendy at all. The basic business model of the high interest moneylender is one of unpleasantness.
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Post by loftankerman on Feb 14, 2019 0:15:37 GMT
Well it looks like the activity on here has woken the Guardians of Lendy's alleged good name and there has been a purge of one star reviews. I regard that as highly positive. I thought they'd given up trying to cover up their failings. I wonder what they'll do about the endless screen captures on the cloud though. I'm so glad Al Gore invented the Internet. |
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brianlom1
Member of DD Central
He's not the Messiah, he's a very naughty boy!
Posts: 400
Likes: 416
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Post by brianlom1 on Feb 14, 2019 1:00:47 GMT
Despite Lendy's best endeavours, TrustPilot still reports that 'lendy.co.uk is ranked 150 out of 160 in the category Investment'
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