invester
P2P Blogger
Posts: 612 
Likes: 618
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Post by invester on Jan 30, 2020 12:34:58 GMT
I will be in, thank you.
Are there any indicative estimation of what £25k gets us?
It may be a hard situation if it only gets us to an initial stage in the proceedings and then have to raise a larger amounts of money in order to proceed.
No doubt LB will have learned a couple of tactics, it's an absolute disgrace that he should come out of this with anything.
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michaelc
Member of DD Central
Say No To T.D.S.
Posts: 5,710
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Post by michaelc on Jan 30, 2020 12:35:54 GMT
I'm in too for the amount requested.
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Post by gramsky on Jan 30, 2020 13:23:07 GMT
I will be in, thank you. Are there any indicative estimation of what £25k gets us? It may be a hard situation if it only gets us to an initial stage in the proceedings and then have to raise a larger amounts of money in order to proceed. No doubt LB will have learned a couple of tactics, it's an absolute disgrace that he should come out of this with anything. If the fund raise reaches £25K does it close automatically or can it be left open until the expiry date? And if we need more funds than the £25k can the funding be continued or do we need to start a new fund?
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Greenwood2
Member of DD Central
Posts: 4,385
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Post by Greenwood2 on Jan 30, 2020 13:29:55 GMT
I will be in, thank you. Are there any indicative estimation of what £25k gets us? It may be a hard situation if it only gets us to an initial stage in the proceedings and then have to raise a larger amounts of money in order to proceed. No doubt LB will have learned a couple of tactics, it's an absolute disgrace that he should come out of this with anything. If the fund raise reaches £25K does it close automatically or can it be left open until the expiry date? And if we need more funds than the £25k can the funding be continued or do we need to start a new fund? I think the hope is for much more than £25k.
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Post by sma1tman on Jan 30, 2020 13:42:02 GMT
I'm in for 2% worth...…big thanks to all who are trying to help and support.
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Steerpike
Member of DD Central
Posts: 1,977
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Post by Steerpike on Jan 30, 2020 14:05:49 GMT
I'm in.
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will
Member of DD Central
Posts: 98
Likes: 57
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Post by will on Jan 30, 2020 15:01:08 GMT
I just put in £100 to help out everyone tied up in this mess. Anything else I can do to help, let me know!
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warty
New Member
Posts: 1
Likes: 1
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Post by warty on Jan 30, 2020 15:23:33 GMT
I don't have anything invested but my wife has a small amount, so I am pleased to contribute to the cause.
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nyneil
Member of DD Central
Posts: 349
Likes: 438
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Post by nyneil on Jan 30, 2020 17:21:03 GMT
The fund is up to £15k already, let's hope it makes it up to the higher request of £75k.
I hope we see a positive outcome for Lendy investors and also a positive knock on effect to other current and future p2p administrations. When administrators / liquidators realise that lenders won't just roll over and be shafted and are prepared to group together to bring legal action to ensure a fair outcome, they might be more cautious about what actions they are prepared to take.
Has LAG been able to contact non-forum investors, with a request for donations?
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rocky1
Member of DD Central
Posts: 1,139
Likes: 1,963
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Post by rocky1 on Jan 30, 2020 17:53:50 GMT
hi lisa,you have £150k+and manage £500k of family funds tied up in p2p. is that just with LY?or across many platforms.wow you wasent messing about.i will be contributing also to the fund and really hope we can get results.can you get the ladies from rip off britain to listen to your/our situation and watchdog and even crimewatch to get this out there in the media about how FCA FOS are allowing consumers to be ripped off for millions.get dominic to track down these directors/scamming borrowers and see if we can open up this whole p2p fintech for what it really is.i really hope everything turns out as well as it can for you and for all the lenders as well. 20000+people meeting outside the FCA offices might draw a bit of attention for consumer rights. good luck
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Post by gramsky on Jan 30, 2020 17:59:34 GMT
hi lisa,you have £150k+and manage £500k of family funds tied up in p2p. is that just with LY?or across many platforms.wow you wasent messing about.i will be contributing also to the fund and really hope we can get results.can you get the ladies from rip off britain to listen to your/our situation and watchdog and even crimewatch to get this out there in the media about how FCA FOS are allowing consumers to be ripped off for millions.get dominic to track down these directors/scamming borrowers and see if we can open up this whole p2p fintech for what it really is.i really hope everything turns out as well as it can for you and for all the lenders as well. 20000+people meeting outside the FCA offices might draw a bit of attention for consumer rights. good luck How about Martin Lewis. Try getting on his TV programme. Or better still get the Daily Mail involved, get them to put an article on their money page.
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Post by walkmill on Jan 30, 2020 18:02:23 GMT
Hi Lisa.. many thanks for all the effort you are putting into this mess.... just pledged £200 for me and my son... but would stump up more if it made a difference between success and failure!
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p2p2p
Member of DD Central
Posts: 123
Likes: 114
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Post by p2p2p on Jan 30, 2020 18:05:32 GMT
Contributed. Is there a FAQ page with a sample letter I could send to the FCA to add pressure. I don't have the time to drill through forums at present. I have added a post to The Lemon Fool financial forum advertising the campaign.
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rocky1
Member of DD Central
Posts: 1,139
Likes: 1,963
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Post by rocky1 on Jan 30, 2020 19:14:28 GMT
maybe a half/full page carefully worded expose in a few of the national papers to make people aware of what is going on here with the likes of COLL, LY ,FS,etc.the incompetance of these platforms and their directors,with a few names and smiling photos.the failure of the FCA/FOS whichwill see consumers losing millions of pounds from savings/ifisas/pensions.let every p2p investor know what the real risks are and mention this forum and the LAG and we will get this fund raise filling quicker than the tranches in these farcical loans did back in the day.fogot to mention RICS valuations, platform/director risk and the administrator risk etc etc.might as well go for it lisa
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one21
Member of DD Central
Posts: 398
Likes: 265
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Post by one21 on Jan 30, 2020 20:00:53 GMT
maybe a half/full page carefully worded expose in a few of the national papers to make people aware of what is going on here with the likes of COLL, LY ,FS,etc.the incompetance of these platforms and their directors,with a few names and smiling photos.the failure of the FCA/FOS whichwill see consumers losing millions of pounds from savings/ifisas/pensions.let every p2p investor know what the real risks are and mention this forum and the LAG and we will get this fund raise filling quicker than the tranches in these farcical loans did back in the day.fogot to mention RICS valuations, platform/director risk and the administrator risk etc etc.might as well go for it lisa What's even more aggravating many of the borrowers (who maybe friends of LB), are still living respectable lives and even bidding for our assets at knock down prices!
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