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Post by mrclondon on Feb 22, 2019 17:12:40 GMT
The nuisance phone calls from Lendy have started again.
Despite me raising a formal complaint the last time they phoned me on my mobile (which happened to be the middle of the night where I was) because I had previously asked to not be contacted by mobile at any time, I have just received a call on my mobile from Lendy.
I reminded whoever it was that I had asked not to be contacted by mobile, to which the response was "I was just ringing to tell you about a loan repayment which you will be able to see online. Enjoy the rest of your day. Bye"
The point here is if I can't trust Lendy to obseve my communications preferences which I have a right to, can I really trust them on anything?
Lendy Support - I have made it clear on multiple occaisons, that I do not take cold calls on my mobile. And anyone from any organisation that ignores that is less likely to receive any business from me.
The question you no doubt wanted to ask is what will I be doing with the 4 figure repayment from PBL192. Well irrespective of what I had intended 15 minutes ago, I will be withdrawing it.
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Post by picanto on Feb 22, 2019 18:11:26 GMT
I've not received a phone call yet but I'm sure I will do in the few days. But at least it answers the question going around on whether Lendy still exists so that's always a good sign.
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invester
P2P Blogger
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Post by invester on Feb 22, 2019 18:48:00 GMT
Seems pure desperation to be calling people about a loan repayment. Although no doubt the size of it puts you in the top bracket of lenders.
The strategy behind it seems to be a desire to keep the money on the platform, I wonder why that is.
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Post by dan1 on Feb 22, 2019 21:23:28 GMT
I'm not in any way attempting to trivialise your complaint mrclondon but I do spare a thought for the poor underling(s) tasked with making these calls. Could you imagine the response from some of those who've left feedback on here or TrustPilot (God forbid they got through to AviRap). |
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pom
Member of DD Central
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Post by pom on Feb 22, 2019 21:38:13 GMT
You gave them your mobile number?? Edit - as a more serious point I think I've mostly only ever given platforms my landline...which makes sense for me as I live in an area with rubbish service and work from home anyway. Have only had v few "semi-wanted" calls as a result, perhaps they just assume incorrectly that if its a landline I'm unlikely to be in  ) Or maybe I got out of LY (mostly) soon enough that they realised no point in calling me....especially as I never answered the HNW qn. |
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Post by charliebrown on Feb 24, 2019 2:04:00 GMT
Lendy calling people asking them not to withdraw money from the platform sounds like desperate times to me. I’d like to hear why they don’t think we should withdraw funds.
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cwah
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Post by cwah on Feb 24, 2019 9:33:45 GMT
There's nothing to invest on anyway? What else to do apart from withdrawing? (No, lendy wealth does not apply)
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Post by picanto on Feb 24, 2019 10:46:18 GMT
There's nothing to invest on anyway? What else to do apart from withdrawing? (No, lendy wealth does not apply) That's true. The only (new) loans that have been available to reinvest funds in the past 12 months or so is DFL tranches, and even those have become few and far between.
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Post by charliebrown on Feb 24, 2019 10:48:28 GMT
There's nothing to invest on anyway? What else to do apart from withdrawing? (No, lendy wealth does not apply) If LY is running down their business then I am ok with that as I would never invest another penny with them under any circumstances. However, I hope they will try to recover as much of our money as they can. If Liam is planning on doing a runner with his ill gotten gains then that would be the final insult. I wonder whether he’s going to show up at Cowes this year. Given that some of his “investors” may also be there, I’d think his presence would be about as popular as a fart in a space suit.
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rocky1
Member of DD Central
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Post by rocky1 on Feb 24, 2019 12:28:42 GMT
There's nothing to invest on anyway? What else to do apart from withdrawing? (No, lendy wealth does not apply) i think we might have acouple of new products coming soon.how about the all new lendy bonds secured and unsecured at great rates from 1 to 5 years.
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Post by p2plender on Feb 24, 2019 12:31:46 GMT
If Brookes turns up at Cowes week then he has some neck.
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cwah
Member of DD Central
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Post by cwah on Feb 24, 2019 12:43:30 GMT
There's nothing to invest on anyway? What else to do apart from withdrawing? (No, lendy wealth does not apply) i think we might have acouple of new products coming soon.how about the all new lendy bonds secured and unsecured at great rates from 1 to 5 years. Is it soon like the loan are repaid soon?
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archie
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Post by archie on Feb 24, 2019 14:35:16 GMT
A few highlights from the call for anyone curious.  Current Lendy Wealth rates are only for early investors so a reduction will occur at some point. Lendy Wealth will be available in IFISA form. There will be an option to convert your Lendy Wealth holding to the IFISA while maintaining your current rate. I did ask if all the loans in Lendy Wealth are the same as the self select investments. There is crossover but some loans are only in the Lendy Wealth product. This post is informational, not a recommendation.  |
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Post by mrclondon on Feb 24, 2019 15:15:39 GMT
I did ask if all the loans in Lendy Wealth are the same as the self select investments. There is crossover but some loans are only in the Lendy Wealth product.
However there is no evidence at CH (via bing / google searches) of security charged to 'Saving Stream Security Holding Limited' other than against borrowers we are aware of.
So if what Lendy claims is true, a) they may be using a different security trustee, or b) they may only be offering personal loans hence no CH record or c) ?? ?? ??
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Post by charliebrown on Feb 25, 2019 12:19:59 GMT
Current Lendy Wealth rates are only for early investors so a reduction will occur at some point. Yeah, reduced to zero, along with your invested capital.
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