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Post by captainconfident on Jan 17, 2019 20:09:19 GMT
sussexlender: Straight red card. Get off the pitch. This is the positive thread, not all the other threads on this board.
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Godanubis
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Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
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Post by Godanubis on Jan 18, 2019 2:19:22 GMT
sussexlender : Straight red card. Get off the pitch. This is the positive thread, not all the other threads on this board. Get the wagons in a circle keep out the trools and trash regurgitaters 
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Post by loftankerman on Jan 18, 2019 8:45:40 GMT
sussexlender : Straight red card. Get off the pitch. This is the positive thread, not all the other threads on this board. Get the wagons in a circle keep out the trools and trash regurgitaters How can we be sure circled wagons will keep out trools? Even Google can't tell me what one is! 
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
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Post by Godanubis on Jan 18, 2019 8:58:52 GMT
Get the wagons in a circle keep out the trools and trash regurgitaters How can we be sure circled wagons will keep out trools? Even Google can't tell me what one is! I think they have changed in my youth they were friendly little naked dolls that were having a bad hair day
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Post by captainconfident on Jan 18, 2019 11:44:23 GMT
Now call me Mr. Stupid, and a lot of people do, but today I actually contemplated moving more funds onto Lendy. I like the Derby loan very much. Seen the website, K****C*******.com? Looks like somewhere where people might want to live, in spite of the economic headwinds n'all.
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bloodycat
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Post by bloodycat on Jan 18, 2019 12:06:55 GMT
I think the Derby one is OK, but I already have up to my limit invested in it and having been caught by the wolverhampton fiasco I'm not prepared to excedd that regardless of how well it seems to be going and how reassuring the updates are. The most likely potential pitfall is if they need any more tranches, which could be difficult to fill (which I think was part of the problem wit DFL25 and the inability to fund further phases).
As it is there is nothing for me to invest my spare funds in so I will be withdrawing them- rather have it earning nothing in my bank account than Lendy's.
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Post by queenvictoria on Jan 24, 2019 9:57:19 GMT
It looks rather like the positive comments have dried up but please don't forget that we are now a mere 7 days from full enlightenment.
Remember the update on several loans in the New Year which said:
'...............we can confirm that a review of the current position has been undertaken and reports requested from all relevant parties ..................the majority of which have now been received and are in the process of being reviewed by the Board. We will provide a detailed update as soon as we can and in any event on or before the next monthly update at the end of January 2019.'
This is what we have all been waiting for. A firm promise with a deadline.
I think we can expect that in next few days, and no later than 31st January, a full comprehensive report on each 'defaulted' (forgive my loose terminology') loan and a firm, clear recovery plan.
Hallelujah ! Praise be. Long live Lendy
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Post by spareafewcoppersguv on Jan 24, 2019 10:08:12 GMT
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Post by queenvictoria on Jan 29, 2019 16:54:44 GMT
Only three days, including today, until we get a full and comprehensive report on each loan.
Reasons to be cheerful...one....two....three
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picnicman
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Post by picnicman on Jan 29, 2019 17:00:38 GMT
Updates on all the student accomodation loans now posted on platform - not sure what transferring debt to SPV means for our funds - anyone understand this? Cheers P
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adrianc
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Post by adrianc on Jan 29, 2019 17:20:23 GMT
Updates on all the student accomodation loans now posted on platform - not sure what transferring debt to SPV means for our funds - anyone understand this? Cheers P Which one you looking at, where? DFL3 and 6 are both 10/1 last update, no mention of SPV.
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Post by Badly Drawn Stickman on Jan 29, 2019 17:27:18 GMT
Updates on all the student accomodation loans now posted on platform - not sure what transferring debt to SPV means for our funds - anyone understand this? Cheers P Which one you looking at, where? DFL3 and 6 are both 10/1 last update, no mention of SPV. I'm not seeing anything either. Probably more important, were they not SPV's from birth? I am pretty sure they were. Ah just realised this is the positive thread, and I sent myself off. I will grow a quick beard as a disguise.
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picnicman
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Post by picnicman on Jan 29, 2019 17:31:09 GMT
Updates on all the student accomodation loans now posted on platform - not sure what transferring debt to SPV means for our funds - anyone understand this? Cheers P Which one you looking at, where? DFL3 and 6 are both 10/1 last update, no mention of SPV. - Hi Adrian, have just logged back into the platform re your comment - they have all been removed?  !!!!. I am sorry now I did not take a screenshot, but I promise you they were there - a couple were about refinancing (PBL199 and the other second charge loan). Perhaps they will be put back on soon?!! Cheers P
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izigor
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Post by izigor on Jan 30, 2019 9:53:49 GMT
Updates on all the student accomodation loans now posted on platform - not sure what transferring debt to SPV means for our funds - anyone understand this? Cheers P A special purpose vehicle (SPV) is a subsidiary company with an asset/liability structure and legal status that makes its obligations secure, even if the parent company goes bankrupt.
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Post by loftankerman on Jan 30, 2019 10:22:02 GMT
Updates on all the student accomodation loans now posted on platform - not sure what transferring debt to SPV means for our funds - anyone understand this? Cheers P A special purpose vehicle (SPV) is a subsidiary company with an asset/liability structure and legal status that makes its obligations secure, even if the parent company goes bankrupt. And presumably, the parent company can shrug it off if the SPV goes t1t5 up. If so, then the question remains. Naively or not I'm comforted by seeing SPVs because I like to think that they mitigate against the domino effect on a platform. If I'm wrong, please don't tell me.
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!!!!. I am sorry now I did not take a screenshot, but I promise you they were there - a couple were about refinancing (PBL199 and the other second charge loan). Perhaps they will be put back on soon?!! Cheers P