Liz
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Post by Liz on May 10, 2017 16:14:45 GMT
Could be worse, could be an email with a big stamp saying 'DEFAULTED' For some reason they dont send those  Not even to the lenders in those loans? No they don't, because the type people that are still holding when the loan officially defaults, can't read.
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Post by GSV3MIaC on May 10, 2017 17:23:03 GMT
Actually I held some and I can read quite well (OK, so it was probably the worst one I was still holding, but it was never going to sell very fast, and if looked relatively solid compared to some I could mention). 8>.
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n
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Yet another Nick
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Post by n on May 10, 2017 17:34:24 GMT
Not even to the lenders in those loans? No they don't, because the type people that are still holding when the loan officially defaults, can't read. So you are admitting that you can’t read? How could you know unless you held something yourself (like me – only £13 now!) 
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Liz
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Post by Liz on May 10, 2017 17:48:48 GMT
No they don't, because the type people that are still holding when the loan officially defaults, can't read. So you are admitting that you can’t read? How could you know unless you held something yourself (like me – only £13 now!) I don't hold any negative loans, let alone IA or defaulted loans. I just think anyone who reads these forums would have dumped all of the defaulted loans a long time ago. Then again the PF does give false perceptions of risk.
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n
Member of DD Central
Yet another Nick
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Post by n on May 10, 2017 18:02:24 GMT
So you are admitting that you can’t read? How could you know unless you held something yourself (like me – only £13 now!) I don't hold any negative loans, let alone IA or defaulted loans. I just think anyone who reads these forums would have dumped all of the defaulted loans a long time ago. Then again the PF does give false perceptions of risk. Couldn't agree more. But I hold £1 each of everything (and somewhat more in a lot of the 100+ day 12%ers) just so I get any emails and see recovery %ages 1st hand. If you don't hold anything in a loan how would you know if investors got an email? I'm not having a dig at you, I just think I spotted a flaw in your logic. I thought it might have been deliberate due to your unconventional sense of humour. 
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Liz
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Post by Liz on May 10, 2017 18:05:47 GMT
I don't hold any negative loans, let alone IA or defaulted loans. I just think anyone who reads these forums would have dumped all of the defaulted loans a long time ago. Then again the PF does give false perceptions of risk. Couldn't agree more. But I hold £1 each of everything (and somewhat more in a lot of the 100+ day 12%ers) just so I get any emails and see recovery %ages 1st hand. If you don't hold anything in a loan how would you know if investors got an email? I'm not having a dig at you, I just think I spotted a flaw in your logic. I thought it might have been deliberate due to your unconventional sense of humour. Everybody gets the e-mails now. It's Lendy blowing its own trumpet.
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GeorgeT
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Post by GeorgeT on May 10, 2017 19:47:50 GMT
And right now they've got a trumpet to blow and the music is sounding very sweet and tuneful.
It's been a fantastic day on the platform and I would never have believed it myself when I went to bed last night.
Sale queues have been melting like snowmen in a hot sun. I have sold almost everything I had up for sale and sale emails are still trickling through. I was stuck in three loans that while they were 12% with many days to run were proving quite hard to shift but I have shifted everything I would want to shift within the next month in one day alone and as a result my portfolio is very pleasing to my eye. Not to mention that I was able to invest in another new 12% loan today.
You have to put these things into context and the context is of four years of this platform but within those parameters I would have to say today ranks as one of the greatest days since the formation of what we now know as Lendy.
I hope the day has been equally successful for others and a lot of the recent negativity has been blown away by today's events.
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mikes1531
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Post by mikes1531 on May 11, 2017 1:41:02 GMT
... I hold £1 each of everything just so I get any emails and see recovery %ages 1st hand. If you don't hold anything in a loan how would you know if investors got an email? Everybody gets the e-mails now. It's Lendy blowing its own trumpet. The good news emails go to everyone for PR reasons. But if the news isn't the sort that Lendy want to crow about then you need to own a bit of the loan if you want to receive the email.
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dandy
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Post by dandy on Feb 15, 2018 12:30:48 GMT
Repaid on Lendy awhile ago, but Lendy's valuations were in line with today's auction results. Who'd a thunk it?  PBL087 (Unit 3), Lendy value = £8,815,000; Sold at auction = £8,000,000. PBL088 (Unit 4), Lendy value = £4,400,000; Sold at auction = £4,400,000. the sceptic in me is suspicious that the buyer is actually the borrower under a different guise hence the spot on vals and I wonder where we will see these pop up next with credible auction history to floor the val ...
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