jomantha
Member of DD Central
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Post by jomantha on Feb 21, 2019 10:32:37 GMT
When was the last time they updated anything.
Is it now just a bunch of bots.
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jaswells
Member of DD Central
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Post by jaswells on Feb 21, 2019 10:36:43 GMT
Answer: Yes. Thread closed
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invester
P2P Blogger
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Post by invester on Feb 21, 2019 11:04:05 GMT
As far as I am concerned it is a zombie company.... the money will simply run out.
Could end it now, but why bother when people are still drawing a living out of it.
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Post by akagi on Feb 21, 2019 11:15:40 GMT
There was no communication saying it does not exist anymore. So yes - it still exists
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withnell
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Post by withnell on Feb 21, 2019 11:18:15 GMT
Woodlands recently paid back with full interest and bonus, so there's clearly something going on.
When loans are in difficulties it's often a long time between updates - they could do a better job of posting that updates have been delayed, but then they'd probably create just as much anger about how they "aren't doing their job". Some kind of realistic time frame against each loan would be useful, rather than the generic "later in Feb" placeholder on multiple loans
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jonno
Member of DD Central
nil satis nisi optimum
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Post by jonno on Feb 21, 2019 11:30:00 GMT
When was the last time they updated anything. Is it now just a bunch of bots. If it was really "just a bunch of bots", they'd have to be the worst programmed bots in the history of botistry (yep, just invented that).
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jomantha
Member of DD Central
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Post by jomantha on Feb 21, 2019 11:32:54 GMT
Although this was tongue in cheek the absolute radio silence from them is really concerning me.
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Post by charliebrown on Feb 21, 2019 11:52:21 GMT
Woodlands recently paid back with full interest and bonus, so there's clearly something going on. When loans are in difficulties it's often a long time between updates - they could do a better job of posting that updates have been delayed, but then they'd probably create just as much anger about how they "aren't doing their job". Some kind of realistic time frame against each loan would be useful, rather than the generic "later in Feb" placeholder on multiple loans Lendy promised updates that they have, without a word of explanation, not provided. They know damn well how much this annoys their investors, leads to negative thinking and spawns threads like this. You can only think they do this on purpose or really couldn’t care less. They tell us they have changed and they’re enhanced, it’s all rubbish.
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archie
Posts: 1,866
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Post by archie on Feb 21, 2019 11:58:02 GMT
I voted 'Yes' as I was contacted regarding investing in Lendy Wealth this week.  |
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kaya
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Post by kaya on Feb 21, 2019 12:09:38 GMT
Arguably the new generic updates are an improvement on the usual spin. Not sure though.We will have to wail and see if they have any substance. (decided to leave in the typo)
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Post by loftankerman on Feb 21, 2019 12:37:15 GMT
To my mind the answer lies somewhat along the lines of Schrödinger's cat. Lendy can be both alive and dead until someone takes a peek inside Lendy Towers to determine their actual state. Until that point everyone should take comfort in believing that the answer they hope for is true and will be until someone spoils it by having a look.
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r1200gs
Member of DD Central
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Post by r1200gs on Feb 21, 2019 13:11:21 GMT
All the while a few people are getting fat off lenders funds, Lendy will be around. At the moment they seem to be spending the equity in our investments on a small army of what seems to be extraordinarily well paid professionals who will eventually throw us some scraps from the recoveries. What a fool I have been, my only saving grace being I saw it coming and got 70 percent of my money out.  |
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mw
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Post by mw on Feb 21, 2019 13:46:58 GMT
They emailed me about DFL0019 at 7.30 this morning so they must be doing something!
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Post by picanto on Feb 21, 2019 13:55:31 GMT
they could do a better job of posting that updates have been delayed, but then they'd probably create just as much anger about how they "aren't doing their job". I'd much rather Lendy communicate and tell us the updates have been delayed because of xyz reasons (providing they are being honest and open) than the complete silence they are currently giving us. I don't mind updates being delayed, delays often happen for many different reasons in the real world. I don't like being told that updates will be given and then nothing and we're only able to come up with guesses as to why that is. The worrying thing is even if Lendy do recover capital in defaulted loans and improve their loan book, investors will be put off reinvesting because the customer service is so poor!
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r1200gs
Member of DD Central
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Post by r1200gs on Feb 21, 2019 16:36:41 GMT
Well I just looked at my loans again to see the promise of updates now two weeks late and I'm sure I could hear crickets.  No worries Lendy it's only a £160K of my money so it's not like I would really like to know what the bloody hell is going on.  |
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