micky
Member of DD Central
Posts: 669 
Likes: 572
|
Post by micky on Jul 10, 2017 10:18:00 GMT
Agreed  Just a few Mondays late though- 09/06/2017-We are working closely with the borrower on the repayment of this loan which is expected shortly. -This loan will redeem Monday next week. Bring on PBL-94-95 and 106 to bring back the faith. |
|
n
Member of DD Central
Yet another Nick
Posts: 882
Likes: 461
|
Post by n on Jul 10, 2017 10:36:31 GMT
Yipeee I got my £1 back. |
|
elliotn
Member of DD Central
Posts: 3,064
Likes: 2,681
|
Post by elliotn on Jul 10, 2017 10:39:11 GMT
Querying the wording of the email dilutes the fact of the matter which is that this is an outstanding repayment that will have caught many by surprise and today should be one of congratulations to LY and investors should really be in a celebratory mood. It occurs to me that we have started getting good news on this platform on a much more regular basis over the last couple of weeks and long may it continue I say. There are several reasons to feel positive. Tbf last month has been bit slower with two recent smallish redemptions compared to a stellar May, looking forward to the update indicated in the weekly email and some more repayments too
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,330
Likes: 11,549
|
Post by ilmoro on Jul 10, 2017 10:43:41 GMT
Querying the wording of the email dilutes the fact of the matter which is that this is an outstanding repayment that will have caught many by surprise and today should be one of congratulations to LY and investors should really be in a celebratory mood. It occurs to me that we have started getting good news on this platform on a much more regular basis over the last couple of weeks and long may it continue I say. There are several reasons to feel positive. Unfortunately youve highlighted one of the issues that is consistently undermining the platform. Poor or inconsistent communications. Any comms should be an opportunity to promote the platform, either by emphasising how a difficult situation is being well handled or, as in this case, trumpetting good news. Sloppy writing or poor proof reading which raises questions in the readers mind, immediately reintroduces concerns and diminishes the positivity & competence the email should engender.
|
|
r1200gs
Member of DD Central
Posts: 1,336
Likes: 1,883
|
Post by r1200gs on Jul 10, 2017 11:13:25 GMT
Querying the wording of the email dilutes the fact of the matter which is that this is an outstanding repayment that will have caught many by surprise and today should be one of congratulations to LY and investors should really be in a celebratory mood. It occurs to me that we have started getting good news on this platform on a much more regular basis over the last couple of weeks and long may it continue I say. There are several reasons to feel positive. Unfortunately youve highlighted one of the issues that is consistently undermining the platform. Poor or inconsistent communications. Any comms should be an opportunity to promote the platform, either by emphasising how a difficult situation is being well handled or, as in this case, trumpetting good news. Sloppy writing or poor proof reading which raises questions in the readers mind, immediately reintroduces concerns and diminishes the positivity & competence the email should engender. This is a failing of all the platforms I know of, to a greater or lesser extent. To be fair, there is worse than Lendy, much worse. Had I not seen the FS hole in the wall update fiasco with my own eyes I would likely not have believed it.
|
|
mikes1531
Member of DD Central
Posts: 6,453
Likes: 2,320
|
Post by mikes1531 on Jul 10, 2017 13:58:20 GMT
This loan is showing 3.5% of 'Bonus Accrual'. Does anyone have a clue when and to whom this will be paid? Perhaps Lendy Support will be so good as to tell us? |
|
elliotn
Member of DD Central
Posts: 3,064
Likes: 2,681
|
Post by elliotn on Jul 10, 2017 14:50:04 GMT
This loan is showing 3.5% of 'Bonus Accrual'. Does anyone have a clue when and to whom this will be paid? Perhaps Lendy Support will be so good as to tell us? If you haven't already unsubscribed, check the recent important update email - I think the bonus accrual for an overdue loan will go to the lender holding at redemption.
|
|
|
|
Post by GSV3MIaC on Jul 10, 2017 15:38:45 GMT
But I doubt it's retroactive .. even though it appears against ALL the repaid loans I looked at .. even way way back. One suspects the system gremlins are at work (again). If I had to guess I'd guess it'll start at some future date (maybe 1/Aug when
SBL ceases to happen). An interesting communication from Ly, but they should have run it through a beta test, since it raises several new Qs.
|
|
awk
Posts: 276
Likes: 147
|
Post by awk on Jul 10, 2017 15:40:50 GMT
But I doubt it's retroactive .. even though it appears against ALL the repaid loans I looked at .. even way way back. One suspects the system gremlins are at work (again). If I had to guess I'd guess it'll start at some future date (maybe 1/Aug when SBL ceases to happen). An interesting communication from Ly, but they should have run it through a beta test, since it raises several new Qs. You mean I might not get that extra 7p on the garden centre loan !
|
|
sl75
Posts: 2,092
Likes: 1,245
|
Post by sl75 on Aug 22, 2017 15:09:39 GMT
Just to highlight on the thread for this loan too... as I reported at p2pindependentforum.com/thread/9835/2016-17-tax-year-end it seems that Lendy missed part of the accrued interest when settling this loan, and for some reason rather than inserting it with either today's date (when the monies were actually credited), or the same date as the other transactions from when the loan was repaid (in July), they backdated it all the way to March 31st, completely messing up the last 4 months' statements, and the 2016/17 tax statement.
I'm still hoping they'll see sense and correct that error...
An extra transaction appears on July 31st, a few weeks before it "really" happened, but tax statements for 2016/17 are now back to the original total. |
|
