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Post by twam on Aug 16, 2018 8:50:17 GMT
I see they have set on another high flyer today a top banker, (banker I said) 100 grand a year and a seventy grand motor,must be a brilliant firm to turn up at, I would have said work for but theres not much evidence of that.
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sussexlender
Member of DD Central
Cheat seeking missile
Posts: 550 
Likes: 916
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Post by sussexlender on Aug 16, 2018 11:32:46 GMT
Perhaps he will be given a fuel allowance to allow him to drive to all the defaulted loan sites to see what is happening?
How about a gentle drive in the summer rain to Hastings for a start? He could go and collect the borrower and take him to the lawyer's office and supervise the signing of the new re financing contract, then watch the money being transferred to Lendy so they can repay all the investors their cash and the interest that the other staff at Lendy have failed to collect over a very long period of time.
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Post by loftankerman on Aug 16, 2018 12:38:06 GMT
The big bucks will be time and a half or double time for working the night shift weeding out unflattering truthful stuff on Trustpilot. Anyone with no scruples could do it, no experience needed.
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Post by p2plender on Aug 16, 2018 13:30:40 GMT
perhaps they could offer their newly rinsed investors a little work? A bit of landscaping in Brooke's lovely plush garden. Maybe wash the new fleet of company Teslas. Plenty to go at.
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withnell
Member of DD Central
Posts: 550
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Post by withnell on Aug 16, 2018 13:37:57 GMT
People slam them for being under-resourced and not putting any money into recoveries, then slam them for employing people with industry experience who have a chance of rectifying the situation - they may not be perfect but give them a chance to turn it around
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Post by brightspark on Aug 16, 2018 14:13:57 GMT
They had their chances. They were told. Their responses came across as arrogant. Hence the disdain in the comments to the appointment on this forum i would suggest.
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Post by df on Aug 16, 2018 14:32:20 GMT
Perhaps he will be given a fuel allowance to allow him to drive to all the defaulted loan sites to see what is happening?
How about a gentle drive in the summer rain to Hastings for a start? He could go and collect the borrower and take him to the lawyer's office and supervise the signing of the new re financing contract, then watch the money being transferred to Lendy so they can repay all the investors their cash and the interest that the other staff at Lendy have failed to collect over a very long period of time.
Should start from the top of the league (Gloucs are -701/2 days now). Recent update was "chasing the LPA Receiver for an update ..."
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sussexlender
Member of DD Central
Cheat seeking missile
Posts: 550
Likes: 916
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Post by sussexlender on Aug 18, 2018 15:45:16 GMT
Let's hope the new recruits bonus car has better acceleration so he might catch up with LPA receiver. They are not known to run away as they get an extra fee for every time they reply to an enquiry.
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arby
Member of DD Central
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Likes: 959
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Post by arby on Aug 24, 2018 12:06:40 GMT
The moaning here about salaries gives the impression that the corporate wage bill actually reduces the return lenders receive.
In reality, it either has no impact or increases the return.
But let's all keep whining about how they keep making the wrong decisions.....
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invester
P2P Blogger
Posts: 612
Likes: 618
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Post by invester on Oct 20, 2018 16:10:40 GMT
Seems odd. Also, has the page (the one with their pictures) also disappeared off the site? Or are we talking about the same page.
It did make me chuckle about the company he has gone to (PAYMETODAY) - he must have been hearing the same few words from lenders during his tenure at Lendy!
Basically has gone from a job at a leading P2P company to a company incorporated in April that Liam is also a co-founder in. Not really a great sign.
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Mousey
Member of DD Central
Posts: 1,598
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Post by Mousey on Oct 20, 2018 20:04:28 GMT
Copious Capital "is developing and funding a number of new finance brands. Copious Capital’s launch product is Pay Me Today, an antidote to payday lending."
I wonder how much other talant will be poached?
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Garage246
Member of DD Central
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Post by Garage246 on Oct 20, 2018 20:10:38 GMT
Hmm.. things getting run down at L???
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Post by holmes on Oct 20, 2018 20:50:52 GMT
Interesting - same address as Lendy?
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debaura
Member of DD Central
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Post by debaura on Oct 20, 2018 21:01:46 GMT
The staff section on the website that showed all the chiefs and no Indians has gone. First Tim slipped off, now Robert Kelly, the new chief appointed in May has also jumped ship. How many staff members are left? One look at his picture that bloke couldn't sell me a used car.
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invester
P2P Blogger
Posts: 612
Likes: 618
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Post by invester on Oct 20, 2018 22:08:58 GMT
It does seem an extremely odd business to go into. Given their record at recovering monies, why bother?
More seriously though, it is slightly alarming that pictures of all the staff have gone and Kelly seemingly has been pushed to the side on a project that is even more risky than a development loan - going for the people that can't presumably can't get mainstream finance and have their wages run out before they are paid. The only people I can think of like that are gambling addicts and people far below the breadline - it is really asking for trouble.
I would say the signs are there that even Lendy know the game is up. The chips are down, and they don't seem to be using the only way out - providing a large number of higher quality loans.
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