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Post by p2plender on Mar 7, 2019 0:43:03 GMT
Well unless it's the cleaner, then someone is still around to quickly have TP real reviews taken down. When it's all over, founders and the company should be hauled in. Thousands of investors are currently sitting on losses, collectively huge. How on earth has this been allowed in this day and age?
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mikeh
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Post by mikeh on Mar 7, 2019 10:33:49 GMT
So who the heck is leading this sinking ship?  Administrators?
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Monetus
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Post by Monetus on Mar 7, 2019 10:35:53 GMT
Well unless it's the cleaner, then someone is still around to quickly have TP real reviews taken down. Looks like the last one was reported on February 25th?
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Post by p2plender on Mar 7, 2019 12:21:34 GMT
So who the heck is leading this sinking ship? Administrators? I don't think we'd note any changes if/when it goes into administration, it's appeared rudderless for 18 months and more.
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rocky1
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Post by rocky1 on Mar 7, 2019 13:35:52 GMT
Liam/lendy just sitting back now waiting for fees and taking money from the few remaining tranches of this disaster of a loan book.everything handed to ERT who pass it all on to external recovery experts and the show carries on.all paid for by us the lenders of course.why go into administration when there are many millions of pounds of our funds which they can still get their hands on before finally calling it a day.
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Post by charliebrown on Mar 7, 2019 14:19:42 GMT
Liam/lendy just sitting back now waiting for fees and taking money from the few remaining tranches of this disaster of a loan book.everything handed to ERT who pass it all on to external recovery experts and the show carries on.all paid for by us the lenders of course.why go into administration when there are many millions of pounds of our funds which they can still get their hands on before finally calling it a day. I don’t know how Brookes sleeps at night knowing what he’s done. Some people will stop at nothing in their desperation to get rich.
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Post by picanto on Mar 7, 2019 14:22:11 GMT
Could cashmax ask the person who he heard this information from to confirm what is actually going on? As he stated, this is only hearsay so we shouldn't just jump to assumptions, but it is something we need to know one way or another. |
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Mousey
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Post by Mousey on Mar 7, 2019 15:58:15 GMT
I rang up to ask and they didn't have anything to report. The 'call centre' is based at a separate location to the main office fwiw.
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Post by cashmax on Mar 7, 2019 16:59:54 GMT
Could cashmax ask the person who he heard this information from to confirm what is actually going on? As he stated, this is only hearsay so we shouldn't just jump to assumptions, but it is something we need to know one way or another. I have done that, but I don't know them directly. I asked the person who knows them to try and find out more.
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Post by cashmax on Mar 7, 2019 17:04:06 GMT
Liam/lendy just sitting back now waiting for fees and taking money from the few remaining tranches of this disaster of a loan book.everything handed to ERT who pass it all on to external recovery experts and the show carries on.all paid for by us the lenders of course.why go into administration when there are many millions of pounds of our funds which they can still get their hands on before finally calling it a day. Sadly, some truth in that, if they are not trading insolventley (which has little to do with the status of the loanbook) then there is no obligation for the directors to do this. Not sure they can get their hands on the funds from investors without some very underhand tactics mind you.
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rocky1
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Post by rocky1 on Mar 7, 2019 17:44:51 GMT
I think lendys t&cs put agents fees and their interest plus anything else in front of returns to lenders.lendy act as our agents so if we were given complete breakdowns of who and where these massive costs are going we will see lendy are going to do very well for doing very little.
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Monetus
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Post by Monetus on Mar 7, 2019 18:44:18 GMT
According to a post on P2PFrank (credit to CoolingDude) David Gammond apparently left at the end of January "to pursue other business interests" meaning he lasted around 8 weeks.
LinkedIn also seems to suggest that Gary Anderson is no longer around either.
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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 Mar 7, 2019 19:22:28 GMT
I think lendys t&cs put agents fees and their interest plus anything else in front of returns to lenders.lendy act as our agents so if we were given complete breakdowns of who and where these massive costs are going we will see lendy are going to do very well for doing very little. Lenders get their money first then Lendy the contracts are betwwen lenders and borrowers under new rules. The old rules applied when you lent to the company and it lent to borrowers.
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rocky1
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Post by rocky1 on Mar 7, 2019 19:31:07 GMT
are you sure about that,this is lendy we are talking about and they seem to have covered all bases on pretty much everything else.
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Mar 7, 2019 19:49:26 GMT
Godanubis are you sure? Read t&C's 13.3. Getting a sense of deja vu because I'm sure we've had this conversation before.
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