r1200gs
Member of DD Central
Posts: 1,336
Likes: 1,883
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Post by r1200gs on Feb 7, 2018 12:39:04 GMT
There has been a drop but not sure how big as the tracker seems to be broken. Perhaps we need to remember the SM has been much larger than this in the past. When Lendy finally get DFL05 sorted, that's 9 million looking for a home and only 2 million on the SM. Things change fast around here.
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Post by skint4achange on Feb 7, 2018 17:08:14 GMT
I've been paid interest and bonus, but I sold out a while ago... thus I wasn't expecting any bonus. Not grumbling though! Bonus was half the interest, but only up to Aug 24 / Oct 28 (two loan parts). Seems to be some magic date with Ly... Not sure when I sold out. I think your bonus and interest may have been due to the partial repayment that took place in November and only the capital was returned. They have now given you the bonus and the interest.
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Post by skint4achange on Feb 7, 2018 17:09:51 GMT
I bought this loan when it was in negative days, assuming i would get all the bonus and accrued interest. It was a risk but that is the reason why i did it, and i only received a small percentage of accrued interest and bonus. I thought that was Lendy's way of offering some incentive to move the negative loans, but if the original buyer gets it then i took a big risk for nothing. This appears to have now been corrected and you should have been given the correct amount of interest. When you look at your repaid loans section, the amount of bonus shown against your loan parts is shat you should have received.
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garfield
Member of DD Central
Posts: 490
Likes: 268
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Post by garfield on Feb 7, 2018 22:42:13 GMT
I've been paid interest and bonus, but I sold out a while ago... thus I wasn't expecting any bonus. Not grumbling though! Bonus was half the interest, but only up to Aug 24 / Oct 28 (two loan parts). Seems to be some magic date with Ly... Not sure when I sold out. I think your bonus and interest may have been due to the partial repayment that took place in November and only the capital was returned. They have now given you the bonus and the interest. Nah!! It was another Lendy c**k up! They've taken my bonuses away again. I sold out before any partial repayment.
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Post by skint4achange on Feb 7, 2018 23:05:55 GMT
I think your bonus and interest may have been due to the partial repayment that took place in November and only the capital was returned. They have now given you the bonus and the interest. Nah!! It was another Lendy c**k up! They've taken my bonuses away again. I sold out before any partial repayment. Bugger!
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Post by charlata on Feb 8, 2018 9:01:32 GMT
Just a heads up for anyone else who has loan parts for which the capital only was repaid on 30/11/2017.
On my parts, they haven't yet made the correction to the bonus payment. They also underpaid the interest. I raised this on tuesday, but so far they've been too busy to reply.
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sl75
Posts: 2,092
Likes: 1,245
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Post by sl75 on Feb 8, 2018 9:10:02 GMT
Just a heads up for anyone else who has loan parts for which the capital only was repaid on 30/11/2017. On my parts, they haven't yet made the correction to the bonus payment. They also underpaid the interest. I raised this on tuesday, but so far they've been too busy to reply. Perhaps the new FCA rules mean they need to wait for everyone to settle the resulting negative balances in order to return the money before they can redistribute it to the rightful owners? In many ways I preferred the old system where Lendy would temporarily lend their own funds "behind the scenes" to cover the negative balances in such situations...
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