treeman
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Post by treeman on May 27, 2016 13:38:06 GMT
The pretty pic has been replaced by a nice red warning
< EDIT - trumped by SteveT >
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Post by GSV3MIaC on May 27, 2016 13:39:32 GMT
My guess is that those folks snapping it up on the SM don't know that it has defaulted. The big red banner is a bit of a clue Perhaps some of the bots, or bot-like-humans, are colour blind? Actually IIRC this one is a loan to Lendy, isn't it? In which case you're likely to just be losing the 'roll up' on the interest you won't get for a while.
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tombraider
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Post by tombraider on May 27, 2016 13:40:44 GMT
hopefully not all the negative day loans will be affected.... i see another one appeared
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lobster
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Post by lobster on May 27, 2016 13:42:03 GMT
Fair enough - my graphics on chrome (or my monitor settings) only show a tiny bit of the "red default" banner - you can't tell what it is.
13k for sale now - any takers ?? ha ha ha ha ha !!!!!
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Post by earthbound on May 27, 2016 13:44:12 GMT
Other Short date loans appearing now.
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ben
Posts: 2,020
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Post by ben on May 27, 2016 13:46:10 GMT
Fair enough - my graphics on chrome (or my monitor settings) only show a tiny bit of the "red default" banner - you can't tell what it is. 13k for sale now - any takers ?? ha ha ha ha ha !!!!! pretty much all gone
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Post by earthbound on May 27, 2016 13:46:58 GMT
Not sure i believe my own eyes.  |
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sam i am
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Post by sam i am on May 27, 2016 13:47:37 GMT
Fair enough - my graphics on chrome (or my monitor settings) only show a tiny bit of the "red default" banner - you can't tell what it is. 13k for sale now - any takers ?? ha ha ha ha ha !!!!! pretty much all gone But no corresponding investor activity. So my guess is that someone put it up for sale and then cancelled it.
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tombraider
Member of DD Central
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Post by tombraider on May 27, 2016 13:47:44 GMT
is it the bots at work....
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SteveT
Member of DD Central
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Post by SteveT on May 27, 2016 13:47:53 GMT
Fair enough - my graphics on chrome (or my monitor settings) only show a tiny bit of the "red default" banner - you can't tell what it is. 13k for sale now - any takers ?? ha ha ha ha ha !!!!! pretty much all gone Not sold though, so must have been withdrawn from sale. Reckon some that panicked have realised it's an old T&Cs loan
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nick
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Post by nick on May 27, 2016 13:48:21 GMT
The loan has defaulted and its still being hovered up on the SM - if only I could transfer some of my defaulted loans on other platforms on to SS! It does make you wonder......
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Post by earthbound on May 27, 2016 13:49:20 GMT
Quick... get it on the SM.. someones buying it, i can only assume they are colour blind and short sighted.  |
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nick
Member of DD Central
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Likes: 825
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Post by nick on May 27, 2016 13:50:16 GMT
The big red banner is a bit of a clue Perhaps some of the bots, or bot-like-humans, are colour blind? Actually IIRC this one is a loan to Lendy, isn't it? In which case you're likely to just be losing the 'roll up' on the interest you won't get for a while. But isn't the credit risk still passed on from Lendy to the investor, ie Lendy's obligation to repay is still dependent on the borrower repaying?
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star dust
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Post by star dust on May 27, 2016 13:51:05 GMT
I'm glad that SS have properly flagged this loan up on site straight away this time, I hope too that they send out an email update to all lenders quickly so that everyone will be aware of the situation as soon as possible.
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mikes1531
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Post by mikes1531 on May 27, 2016 13:56:08 GMT
Quick... get it on the SM.. someones buying it, i can only assume they are colour blind and short sighted. : It's an Old Ts&Cs loan, so SS have pledged to repay it no matter what happens. I expect the SM activity will be very different for the first New Ts&Cs loan that defaults. But will it be obvious by then which loans are under which Ts&Cs? 
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