star dust
Member of DD Central
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Post by star dust on Jun 1, 2019 17:35:51 GMT
What do you mean register, it doesn't seem to have an inside, it's just inviting you to join facebook and collecting emails. Or does it allow you in once you've given up your email? What about privacy and GDPR, who exactly is getting my information, I couldn't see any statements?
Couldn't agree more about facebook I don't and have never had an account and as far as I am concerned never will. What a pity people are only choosing to share information through private portals once more, a very divisive move at a time when there must be enough distress caused by the Lendy situation already.
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travolta
Member of DD Central
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Post by travolta on Jun 1, 2019 20:17:21 GMT
There's not much to it really. Just the usual group therapy. Rather like here ,,,,
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Post by GSV3MIaC on Jun 1, 2019 21:08:54 GMT
What do you mean register, it doesn't seem to have an inside, it's just inviting you to join facebook and collecting emails. Or does it allow you in once you've given up your email? What about privacy and GDPR, who exactly is getting my information, I couldn't see any statements?
Couldn't agree more about facebook I don't and have never had an account and as far as I am concerned never will. What a pity people are only choosing to share information through private portals once more, a very divisive move at a time when there must be enough distress caused by the Lendy situation already. By 'register' i meant i submitted a suitable enail address, so i can be kept informed. Yes, it could be done by forum, although not all LY investors ca/do come here, any more than facebook.
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Monetus
Member of DD Central
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Post by Monetus on Jun 1, 2019 21:18:25 GMT
What do you mean register, it doesn't seem to have an inside, it's just inviting you to join facebook and collecting emails. Or does it allow you in once you've given up your email? What about privacy and GDPR, who exactly is getting my information, I couldn't see any statements?
Couldn't agree more about facebook I don't and have never had an account and as far as I am concerned never will. What a pity people are only choosing to share information through private portals once more, a very divisive move at a time when there must be enough distress caused by the Lendy situation already. With all due respect, I’m not entirely sure how a group which is clearly open to all Lendy investors (and in fact welcomes them) can be considered “divisive” or a “private portal” just because you don’t want to make an account. But each to their own I guess  Many investors either don’t want or don’t know how to use forums either (many have already joined on FB). You can either choose to use the resources that people have worked to provide or not. It’s 100% your choice - we aren’t selling anything.
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star dust
Member of DD Central
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Post by star dust on Jun 1, 2019 23:25:26 GMT
With all due respect, I’m not entirely sure how a group which is clearly open to all Lendy investors (and in fact welcomes them) can be considered “divisive” or a “private portal” just because you don’t want to make an account. But each to their own I guess Many investors either don’t want or don’t know how to use forums either (many have already joined on FB). You can either choose to use the resources that people have worked to provide or not. It’s 100% your choice - we aren’t selling anything. I would be pleased if my choice was to be able to join the 'Lendy Action Group' (which as a Lendy investor I would do) but the choice you are presenting me with is to join Facebook. What is the website you have constructed for, is it just to point at Facebook, or is it going to be a "forum" / place whatever you want to call it for Lendy investors too? This group is talking about litigation, with people's financial well being at stake and an uncertain impact, isn't this something that should be aired and shared as widely as possible on as many different media as possible, not just restricted to people with Facebook accounts?
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Monetus
Member of DD Central
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Post by Monetus on Jun 1, 2019 23:45:33 GMT
With all due respect, I’m not entirely sure how a group which is clearly open to all Lendy investors (and in fact welcomes them) can be considered “divisive” or a “private portal” just because you don’t want to make an account. But each to their own I guess Many investors either don’t want or don’t know how to use forums either (many have already joined on FB). You can either choose to use the resources that people have worked to provide or not. It’s 100% your choice - we aren’t selling anything. I would be pleased if my choice was to be able to join the 'Lendy Action Group' (which as a Lendy investor I would do) but the choice you are presenting me with is to join Facebook. What is the website you have constructed for, is it just to point at Facebook, or is it going to be a "forum" / place whatever you want to call it for Lendy investors too? This group is talking about litigation, with people's financial well being at stake and an uncertain impact, isn't this something that should be aired and shared as widely as possible on as many different media as possible, not just restricted to people with Facebook accounts? The full website will be launched in due course as stated on the current temporary website. We are only a week into the administration so some patience will be required. There will be no requirement for anyone to join Facebook to be a part of the group. The Facebook group is just a way for for investors to register their interest and communicate in the meantime until the full site is ready. I don’t think the group is talking about litigation at all. It’s far too early in the process to even understand the legal position of investors, let alone who you’d potentially be filing litigation against. If you are referring to the statement below the key part is highlighted in bold: - To explore potential opportunities for further actions (if they become necessary and legal basis can be defined for such).”Further actions” does not necessarily mean direct litigation against another party. A group complaint to MPs, the FCA, the Complaints Commissioner or FSCS could be one example of a “further action” (and again only if it was required and had legal justification). It’s far too early to even know where we stand yet.
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wuzimu
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Post by wuzimu on Jun 2, 2019 0:06:32 GMT
As described earlier in this thread, Lendyactiongroup.co.uk website will be the main platform that this initiative will revolve around.
Facebook has its limits not only that some people (me included...) are not keen on facebook, but the format of facebook doesn't really match the functionality the LAG platform requires.
So why did we start with a Facebook page? ....
Because we wanted to alert the press of the existence of LAG while their attention was on the Lendy story and a FB page IN THE FIRST INSTANCE was the quickest way to launch. As a result we expect to have coverage in the press next week that will spread the word of LAG well beyond the cohort of lenders that frequent the forums.
By tommorrow morning LAG should have over 200 members, growing rapidly and so LAG has very quickly established itself as a credible stakeholder to attract attention from those agencies pondering how they will tackle the mess that is Lendy.
I think @monetus has done a great job putting together the online presence that exists at this moment (while he was on holiday).
There is no requirement for anybody to join, and in fact only lenders who support LAG's mission statement should join.
A small number of concerned lenders are working hard to do something to improve lenders position, I don't really understand what there is to criticize.
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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 Jun 2, 2019 0:14:28 GMT
My wife has made me stay in a single bed in the spare room for the past week....every cloud etc.😁 Alone or with a friend ?
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Post by ss5678 on Jun 2, 2019 0:27:18 GMT
I think lendyActionGroup should be a private group of lenders who are willing to engage constructively with Administrators and FCA to hopefully prevent us from losing money in Lendy's administration process. That means also acting early will be crucial. Having social media tools to share information is perfectly fine but their function is different from the website itself. This is because the information circulating within website should stay within the group. I hope the following GDPR principles can help: The most important step towards protecting privacy and complying with the GDPR is understanding some basic principles. These are: - Know what personal data is.
(This is obvious, just the email I think) - Only collect, store or use personal data if your group needs to do so for a clear, specific purpose.
- Only collect, store and use the minimum amount of data you need for your purpose. Don’t keep extra data if you don’t know why you need it, and don’t keep data that is no longer needed for a clear purpose. (in LAG case, can be deleted permanently afterwards when LAG achieved its missions)
- Make sure people know how to contact you if they want you to remove their data from your records.
- Tell people what data you have about them if they ask you to, and remove it if requested.
- Store data securely.
- Be clear whether data belongs to your group or to you personally. Just because you have access to contact details held by the group, doesn’t mean they are your personal contacts.
I hope LAG can start functioning ASAP as there are so many worrying questions: Why administrators not seeking to rescue the company first? Is lendy ceased to exist after winding down the loans? How Administrators plan to wind down the loans? How long will it take? Who pays for their fees? What is the state of lendy's provision fund which supposed to protect lenders? ... In this whole process, lenders will be the most vulnerable group and we must step in to work with all parties involved. We cannot just let administrators do whatever they decide ... |
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zlb
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Post by zlb on Jun 2, 2019 8:25:12 GMT
As described earlier in this thread, Lendyactiongroup.co.uk website will be the main platform that this initiative will revolve around.
Facebook has its limits not only that some people (me included...) are not keen on facebook, but the format of facebook doesn't really match the functionality the LAG platform requires.
So why did we start with a Facebook page? ....
Because we wanted to alert the press of the existence of LAG while their attention was on the Lendy story and a FB page IN THE FIRST INSTANCE was the quickest way to launch. As a result we expect to have coverage in the press next week that will spread the word of LAG well beyond the cohort of lenders that frequent the forums.
By tommorrow morning LAG should have over 200 members, growing rapidly and so LAG has very quickly established itself as a credible stakeholder to attract attention from those agencies pondering how they will tackle the mess that is Lendy.
I think @monetus has done a great job putting together the online presence that exists at this moment (while he was on holiday).
There is no requirement for anybody to join, and in fact only lenders who support LAG's mission statement should join.
A small number of concerned lenders are working hard to do something to improve lenders position, I don't really understand what there is to criticize.
Hi, I'm fully supportive of what you are doing and why. I've got four fb accounts - and counting(work related as well as private), I'm not a total fan, but its pragmatic, and you're using it for a specific job - probably information requests or announcements? Fora/forums are generally considered 'way back' amongst many age groups - c1998 sort of thing. It took me a while to join this one for that reason, but now I understand its merits. Fb is a good way to get the attention in the press, I agree. Twitter is also recognised as being good for business, finance, marketing related things. edit: plus with twitter you can tweet about something without actually appearing to be linked to it. So the embarrassment of having involvement with Ly is less of an issue, but it sounds like you have the ear of the press anyway.
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Post by wiseclerk on Jun 2, 2019 8:30:24 GMT
I note someone already registered the .com domain variant in Sep. 2018
https:// lendy group action.com /welcome/
<mod edit:Link naming borrower obscured>
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TenKay
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Post by TenKay on Jun 2, 2019 8:45:46 GMT
. It’s 100% your choice - we aren’t selling anything. what not even T shirts ?  Attachments:
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Monetus
Member of DD Central
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Post by Monetus on Jun 2, 2019 11:03:54 GMT
. It’s 100% your choice - we aren’t selling anything. what not even T shirts ? Very stylish. Perhaps a new career awaits you in graphic design?
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Post by supernumerary on Jun 2, 2019 15:27:46 GMT
As described earlier in this thread, Lendyactiongroup.co.uk website will be the main platform that this initiative will revolve around. Facebook has its limits not only that some people (me included...) are not keen on facebook, but the format of facebook doesn't really match the functionality the LAG platform requires. So why did we start with a Facebook page? ....
Because we wanted to alert the press of the existence of LAG while their attention was on the Lendy story and a FB page IN THE FIRST INSTANCE was the quickest way to launch. As a result we expect to have coverage in the press next week that will spread the word of LAG well beyond the cohort of lenders that frequent the forums.
By tommorrow morning LAG should have over 200 members, growing rapidly and so LAG has very quickly established itself as a credible stakeholder to attract attention from those agencies pondering how they will tackle the mess that is Lendy. I think @monetus has done a great job putting together the online presence that exists at this moment (while he was on holiday).
There is no requirement for anybody to join, and in fact only lenders who support LAG's mission statement should join.
A small number of concerned lenders are working hard to do something to improve lenders position, I don't really understand what there is to criticize.
I joined the Lendy Action Group, via the website a few days ago, by just registering my interest.
www.lendyactiongroup.co.uk/
I also sent a message thanking everybody involved in setting this up, for being pro-active, using the contact form at the bottom of that Lendy Action Group web page. 
What I am confident about, is the strength and wealth of knowledge of the people who post on this P2P forum board. If that can be harnessed properly, IMHO, it will provide a much better outcome and resolution to this upsetting situation. In the worst case scenario, the consequences for some people maybe very bad...
The lenders, all 22,662, deserve some representation. That is why I have joined and I hope many other Lendy lenders will do the same.
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Monetus
Member of DD Central
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Post by Monetus on Jun 3, 2019 17:19:22 GMT
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