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Post by mrclondon on Nov 30, 2017 18:05:27 GMT
A pure guess on my part ... it might be the surplus from the PBL108 sale that completed last week, after costs of that transaction had been finalised.
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zlb
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Post by zlb on Dec 1, 2017 13:06:53 GMT
A pure guess on my part ... it might be the surplus from the PBL108 sale that completed last week, after costs of that transaction had been finalised. I've wondered where part payments come from - but are they permitted to do that by financial rules? Call money something that it isn't?
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Post by da2279 on Dec 1, 2017 21:48:28 GMT
Anyone else missing PBL108 accrual interest from Aug, Sept, Oct? November interest payment has been made.
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elgerod
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Post by elgerod on Dec 4, 2017 21:36:05 GMT
Full repayment. Check out the details on the email, this will answer your questions. Ahhh, I didn't get the email until just now. Thank you for that. I now understand what is missing and from where. Thanks again Re PBL108, if I received the email I seem to have lost it. Could someone kindly post the details here. Also, @new2p2p said: "The interest entry for that loan is showing the correct term - in my case, 03/10/2017 to 24/11/2017 - but only has interest for the 24 days due in November. Good spot! (This will be the second ticket I've raised this evening about an error in my account. Hopefully the Loans Origination Team are helping out on the Support Desk." I wondered if you'd had a response?
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Post by da2279 on Dec 4, 2017 21:44:56 GMT
PBL 108 e-mail as below
"We would like to announce the FULL repayment of the above PBL loan.
All investors in this loan should now have the capital credited to their Lendy accounts.
All investors in this loan should now have the bonus credited to their Lendy accounts.
Outstanding interest will be paid at the end of the month.
"
I have also raised a support ticket, no reply as yet.
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elgerod
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Post by elgerod on Dec 4, 2017 23:16:39 GMT
Thank you both da2279 and @new2p2p . I have found the situation with PBLs 107 and 108 somewhat confusing, but I think I'm right in summarising as follows: A)- Both PBL107 & 108 changed from IOA to IA on 23/08/2017. B)- On 23/08/2017 we received interest on both PBL107 & 108 (up to 23/08/2017). C)- PBL108 was repaid in full on 24/11/2017. On that same date, we received bonus interest (6% pa for 93 days or 1.51%, although it seems to have actually been 1.53%). D)- At the end of Nov'17 we received interest on PBL108 for 24 days (presumably 1-24 Nov); we have not yet received interest on PBL108 from 23/08/2017 to 31/10/2017. E)- PBL107 was partially repaid (6.8% of it) on 30/11/2017; we have not yet received any interest on PBL107 since 23/08/2017. I'll also raise a ticket regarding point D).
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Post by skint4achange on Dec 5, 2017 19:44:43 GMT
Someone either knows something or is really confident that this is getting repaid soon! A certain investor is throwing everything at this today. I can only see the last 10 transactions, and in those 10 the investor in question has >£53k?? Confidence or stupidity, not sure.
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elgerod
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Post by elgerod on Dec 6, 2017 0:04:51 GMT
I also selected "Account investigation". Of all the choices, it seemed to be the one with the closest relevance.
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sarahcount
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Post by sarahcount on Dec 8, 2017 14:50:07 GMT
A pure guess on my part ... it might be the surplus from the PBL108 sale that completed last week, after costs of that transaction had been finalised. Confirmed by Ly update.
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elgerod
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Post by elgerod on Dec 8, 2017 16:12:02 GMT
Yes, but it seems that not all outstanding interest on PBL108 was paid, hence it wasn't "finalised". Looks like someone, somewhere made a mistake.
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elgerod
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Post by elgerod on Dec 22, 2017 22:05:46 GMT
Received a third and final response today from Lendy Support regarding PBL108:
"Due to a technical issue, interest payments were not credited to investors for this loan, for the period of 24/08/17 - 31/10/17 (69 days).
The missed payments have now been credited to investor accounts with a date of 22/12/2017.
November 2017's interest was credited on 01/12/2017.
We would like to apologise and wish you all a Merry Christmas.
Kind regards,
The Lendy Team"
Payment for the 69 days is £22.68 per £1000 loan part.
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mary
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Post by mary on Feb 6, 2018 12:36:13 GMT
REPAID.
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ped
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Post by ped on Feb 6, 2018 12:51:19 GMT
Bonus and capital paid, interest to be paid at the end of the month. Some good news for a change.
EDIT: Interest also now paid.
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r1200gs
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Post by r1200gs on Feb 6, 2018 13:25:53 GMT
Well done Lendy.
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Post by picanto on Feb 6, 2018 13:30:36 GMT
I think the next 24 hours will be a good indicator of the mood of Lendy's investors. Will most of that £2 million+ repayment exit the platform or will most be reinvested and clear up that stagnant secondary market?
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