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Post by charliebrown on Jan 27, 2019 1:15:35 GMT
Liam is clearly living a champagne lifestyle at our expense. He should never be allowed to run another financial services company again. Some people here are so tolerant of being badly treated, saying it’s a new recoveries team let’s give them a chance. Some loans are almost 900 days in default and the “enhanced” recoveries team send out an update saying we’re pressing the reset button and we will relook at all these disasters. Does that buy them another 900 days. I believe the FCA should set a time limit on recoveries. A maximum 365 days to resolve defaults, every day it’s not resolved after that the platform should be fined. Why is Liam allowed to live like a movie star whilst his Lenders are all being financially hung out to dry. Of course the usual reply is we told you your capital is at risk so what’s the problem.
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Post by p2plender on Jan 27, 2019 6:36:45 GMT
Remember the 90s and double glazing salesman. Keeping plugging away, FCA, media, p2p news sites, Trustpilot, google reviews.
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Post by charliebrown on Jan 27, 2019 8:05:55 GMT
Why would anyone ever try to rob a bank? All you need to do if you fancy getting rich quick is set up a p2p platform.
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Monetus
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Post by Monetus on Jan 28, 2019 9:38:01 GMT
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invester
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Post by invester on Jan 28, 2019 9:54:34 GMT
Are you really surprised?
I would bet that their version of a 'surgery' would be the same thing as their 'webinar' - a pre-recorded video of a few minutes of hot air.
They would have seen the reaction the webinar got on here and realised it would be a poor idea.
No doubt in 6 months time the whole charade will be repeated again, with a 'new' team making new pledges.
The fact is on many of these loans they are snookered now, all the nice sounding words in the world isn't going to magically change the underlying facts.
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Post by faraday815 on Jan 28, 2019 16:09:11 GMT
Is there a sense of what shares of investments one can expect to get back in 2019?
100%? 50%? 0%? -10000% if you're in some loans?
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bugs4me
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Post by bugs4me on Jan 28, 2019 16:42:38 GMT
<snip> '....The fact is on many of these loans they are snookered now....' Nope, it's the lender's that are snookered. LY will keep kicking that can for eternity.
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zlb
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Post by zlb on Jan 29, 2019 12:47:32 GMT
Remember the 90s and double glazing salesman. Keeping plugging away, FCA, media, p2p news sites, Trustpilot, google reviews. what happened with double glazing salesmen in the 90s?
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jonno
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nil satis nisi optimum
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Post by jonno on Jan 29, 2019 12:56:28 GMT
Remember the 90s and double glazing salesman. Keeping plugging away, FCA, media, p2p news sites, Trustpilot, google reviews. what happened with double glazing salesmen in the 90s? People eventually saw through them
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neal
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Post by neal on Jan 30, 2019 16:06:12 GMT
Is there a sense of what shares of investments one can expect to get back in 2019? 100%? 50%? 0%? -10000% if you're in some loans? Lendy has a new Enhanced Recovery Team, I'm sure these people will be willing and able to do the job in hand. I expect the ball to start rolling tomorrow when PBL103 - Site with planning for 117 units nr Hastings repays in full.
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alibaba
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Post by alibaba on Jan 31, 2019 9:47:38 GMT
I'm probably showing my age now, but who are these people? Agent69 you made my day
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Post by vfr800 on Jan 31, 2019 10:27:06 GMT
I wonder if these highly anticipated updates from the Enhanced Recovery Team will be announced by the end of office hours today or do we have to wait till midnight? Either way I hope there is some proper specific information on each loan and not just the usual copy and paste rubbish.
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Post by queenvictoria on Jan 31, 2019 11:05:39 GMT
I wonder if these highly anticipated updates from the Enhanced Recovery Team will be announced by the end of office hours today or do we have to wait till midnight? Either way I hope there is some proper specific information on each loan and not just the usual copy and paste rubbish. Don't know which one to be watching at midnight - the Lendy updates streaming in or the football transfer deadline. Could be an interesting evening ..... or not.
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Mucho P2P
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Post by Mucho P2P on Jan 31, 2019 16:45:12 GMT
Good to see that the Enhanced Recovery Team has leapt into action. (NOT)!! Just been through my long list of defaulted loans only to find that NOT ONE OF THEM has an update more recent than 10/1/19. Not only have they not been updated but all but a handful are still showing the irritating corporate-speak "Following on from both the last monthly update, and the Enhanced Recovery Update sent out before Christmas ..." blah, blah, blah. My God, is anything happening at all? Or am I supposed to understand that when Lendy says "last monthly update" they mean there is only going to be monthly updates from now on? Presumably the Enhanced Recovery Team is so busy doing Enhanced Recovery that they don't have the time to keep us informed!! Grrrrr, Lendy - the sooner I'm out the better. As a Pompey lad myself, I'm ashamed of you. Maybe the repayments (excuse me whilst I cough), I meant the good news on the delinquent loans, will all come together, just like busses
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agent69
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Post by agent69 on Jan 31, 2019 17:56:09 GMT
Why would anyone ever try to rob a bank? All you need to do if you fancy getting rich quick is set up a p2p platform. Far quicker and esier to borrow money from one. Just value your garden shed at £1m, borrow £700k against it and then develop an uncontrollable urge to live in the British Virgin Islands
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