adrianc
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Post by adrianc on Apr 4, 2019 7:46:22 GMT
Would you honestly trust anyone involved in this to not misuse date. A criminal conviction for breaches of data protection, on top of bankruptcy? She really is a masochist, isn't she?
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smee
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Post by smee on Apr 4, 2019 7:53:10 GMT
As I understand it from the update, the claimants parted from their solicitors in the middle of March and have been representing themselves since then. So, what happened to our data at that point? Also, that would have been a comforting fact to have known, as would the information from February regarding the appeal.
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reinvestor
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Post by reinvestor on Apr 4, 2019 7:57:18 GMT
As I understand it from the update, the claimants parted from their solicitors in the middle of March and have been representing themselves since then. So, what happened to our data at that point? Also, that would have been a comforting fact to have known, as would the information from February regarding the appeal. If that is the case with regards to her solicitors being no longer involved, I would have thought that she would need to personally register with the ICO and be on the Data Protection Register.
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quidco
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Post by quidco on Apr 4, 2019 8:44:47 GMT
The list would be quite valuable. Well if I start to get sales calls about alternative investment I might inquire where they got my information from.
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zccax77
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Post by zccax77 on Apr 4, 2019 9:12:19 GMT
The list would be quite valuable. Well if I start to get sales calls about alternative investment I might inquire where they got my information from. Let's call a spade a spade, it's a mug's list which is why it is so valuable.
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sydb
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Post by sydb on Apr 4, 2019 9:54:44 GMT
Let's call a spade a spade, it's a mug's list which is why it is so valuable. Lol! Actually, the people on that list are now generally more likely to be more cautious with their money; I certainly am. We learn from our mistakes; it is how we learn best.
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Post by magoo68 on Apr 4, 2019 10:03:59 GMT
The list would be quite valuable. Well if I start to get sales calls about alternative investment I might inquire where they got my information from. Let's call a spade a spade, it's a mug's list which is why it is so valuable. Speak for yourself..... But unless there's a sub list of those on this one still putting money into LY........ unlikely to be of much value to the buyers of such lists!! Now if you assembled a list of those begging for a Mucho pm........
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Post by grumpysculler on Apr 4, 2019 10:31:29 GMT
I know there is one name on that list that is clearing out of lendy. Only problem is that everything left is distressed so I imagine it will be quite s few years before I'm out completely.
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p2pete
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Post by p2pete on Apr 4, 2019 10:57:22 GMT
Did the court order Lendy to provide the data to the borrower as an individual, or to the data controller of an organisation?
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boundah
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Post by boundah on Apr 4, 2019 11:16:28 GMT
I think it was mentioned earlier (I really don't fancy wading through to find it) that there may well be a data protection aspect in this somewhere. Might be a subject Lendy could give a view on, given they would have supplied the data presumably with conditions? As I assume the data is no longer relevant, under GDPR, it must be deleted. If the claimant has cause to require it again then they will need to go through the process to get it again. This may have been covered earlier in the thread but I can't see a GDPR 'lawful basis' Lendy could use to justify passing our details to H** or any other external company. I can't find anything in the Ts&Cs that would allow them to do so, and I certainly didn't consent to it. The only one they could fall back on is 'legitimate interest', but that would be very shaky IMHO. The correct course of action in my view would have been to email all those in the loan and give us the lawyers' details, so we could make up our own minds whether to pass over our personal data. If I were litigious I might be minded to report the company to the ICO, but I'll probably leave it for now.
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one21
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Post by one21 on Apr 4, 2019 11:19:21 GMT
Just got an email from HCR, (I never employed them but obviously I'm still on their list), asking if I'd like to instruct them to "discontinue the claim" against the lender. It's a bit of a cheek considering I never had a claim made against me. I wonder how many people will fall for this blatent ambulance chasing. Lendy ought to be settling this fee with H** to discontinue the claim against the lenders, seeing as:1. They were the ones who took on such a fraught loan and contended that they have suitable security in the first place! 2. They state on their website that the lenders will never have to get involved with the borrowers! I am considering signing up to H** for this service, and then to issue a small claim against lendy for the amount based upon item 1+2 above which I have records. Taking everything into account what would be the likelihood of us being sued by the borrower in the next 6 years and is it worth throwing good money to H*R after bad to Ly? Would it be worth emailing Ly to request this fee settlement? H*R are also offering to recover our initial investment! Isn’t this under the remit of Ly, why do they expect us to pay twice?
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Post by brightspark on Apr 4, 2019 11:22:47 GMT
Perhaps you should direct your enquiry to Lendy?
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Post by charliebrown on Apr 4, 2019 11:32:55 GMT
Let's call a spade a spade, it's a mug's list which is why it is so valuable. Speak for yourself..... But unless there's a sub list of those on this one still putting money into LY........ unlikely to be of much value to the buyers of such lists!! Now if you assembled a list of those begging for a Mucho pm........ I’d personally like to thank Mucho, he/she has spent a lot of time and effort doing research and offering some evidence based reassurance to those who were genuinely worried. Are you criticising Mucho here, or are you criticising the people who requested Mucho’s help. Talking about mugs list, the most valuable list must be the list of those that put money into LY Wealth (if anyone actually did). Which raises an interesting question, what if people put money into a black box product which LY then put into a dodgy loan where the borrower sued the Lender. I actually think it’s ludicrous that the court ordered LY to hand over all our details.
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one21
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Post by one21 on Apr 4, 2019 11:37:45 GMT
Perhaps you should direct your enquiry to Lendy? Oh so no one else is interested or has anything constructive to add?
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adrianc
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Post by adrianc on Apr 4, 2019 11:38:01 GMT
Talking about mugs list, the most valuable list must be the list of those that put money into LY Wealth (if anyone actually did). Which raises an interesting question, what if people put money into a black box product which LY then put into a dodgy loan where the borrower sued the Lender. I've not looked closely at LW, but I rather suspect that the "lender" in that instance is LW, rather than the account holder. Of course, LW would then be within their rights to pass the losses on that loan through to the account holders...
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