guff
Posts: 730 
Likes: 707
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Post by guff on Apr 9, 2017 17:44:26 GMT
ISTM that either the people trying to solve the problem are incompetent -- or they aren't really giving the problem much attention. The two aren't necessarily mutually exclusive.
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n
Member of DD Central
Yet another Nick
Posts: 882
Likes: 461
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Post by n on Jul 12, 2017 11:28:33 GMT
A hard hat at last!
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Post by captainconfident on Jul 12, 2017 11:35:08 GMT
What an eyesore! Amazed they got planning permission for this blot on the landscape.
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TitoPuente
Member of DD Central
Posts: 624
Likes: 655
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Post by TitoPuente on Jul 21, 2017 18:55:18 GMT
The last comment is cryptic for me. Will L grant the extension?
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dp
Member of DD Central
Posts: 189
Likes: 84
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Post by dp on Aug 1, 2017 15:25:19 GMT
Currently -19 days. Last update suggest Lendy(?) may offer a 12 month extension.
What are peoples views to this update?
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mary
Member of DD Central
Posts: 698 
Likes: 711
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Post by mary on Aug 1, 2017 16:10:27 GMT
Currently -19 days. Last update suggest Lendy(?) may offer a 12 month extension.
What are peoples views to this update? If you look at the borrowers history on the platform it's, IMO, exceptional. With the low LTV, assuming completion, and the stated requirement for no further funding as he has sufficient funds available, which is supported by previous profits, I'm in. This assumes he is not over extending himself due the the number of similar projects he has on the go.
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guff
Posts: 730
Likes: 707
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Post by guff on Aug 15, 2017 10:22:50 GMT
Currently -19 days. Last update suggest Lendy(?) may offer a 12 month extension.
What are peoples views to this update? I would suggest it's a cunning ploy to avoid having to pay out the advertised 0.5% accrued bonus as per DFL004. ( Screen grab removed to prevent identification of asset)
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guff
Posts: 730
Likes: 707
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Post by guff on Aug 15, 2017 10:37:03 GMT
Apologies.  |
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toffeeboy
Member of DD Central
Posts: 538
Likes: 385
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Post by toffeeboy on Aug 16, 2017 13:08:26 GMT
Currently -19 days. Last update suggest Lendy(?) may offer a 12 month extension.
What are peoples views to this update? I would suggest it's a cunning ploy to avoid having to pay out the advertised 0.5% accrued bonus as per DFL004. ( Screen grab removed to prevent identification of asset) I would guess it is the borrower having the funds to fund the interest so doing that instead of having to pay Lendy their default interest of an extra 6% or whatever it is, you are forgetting that the 0.5% is a small part of the charges the borrower incurs for exceeding the agreed terms.
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twoheads
Member of DD Central
Programming
Posts: 1,089
Likes: 1,192
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Post by twoheads on Aug 30, 2017 10:57:10 GMT
The one year extension has been made on DFL003: term changed from -47 to +317, status back to IOA.
Anyone expecting their 0.5% bonus may be disappointed as the bonus went back to zero.
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username
Member of DD Central
Posts: 66
Likes: 40
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Post by username on Aug 30, 2017 11:37:27 GMT
The one year extension has been made on DFL003: term changed from -47 to +317, status back to IOA.
Anyone expecting their 0.5% bonus may be disappointed as the bonus went back to zero. The software probably isn't coded to handle this scenario, but they should address it and pay the bonus. After the recent troubles, I'm sure Lendy appreciate the value of their reputation and how this sort of thing is harmful to it.
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dp
Member of DD Central
Posts: 189
Likes: 84
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Post by dp on Aug 30, 2017 11:47:03 GMT
Agree - those who stay invested too see the project to a close or to an extension should receive a bonus if its accrued.
This gives 30 days for Lendy and the Borrower to agree terms, if its ticks over 30 days and thus a 0.5 bonus the borrower should be aware of this and have to foot the bill.
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sildenafil
Member of DD Central
Posts: 86
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Post by sildenafil on Aug 30, 2017 12:49:10 GMT
Agree - those who stay invested too see the project to a close or to an extension should receive a bonus if its accrued.
This gives 30 days for Lendy and the Borrower to agree terms, if its ticks over 30 days and thus a 0.5 bonus the borrower should be aware of this and have to foot the bill. Maybe the borrower does pay this extra fee. And maybe someone decides to pocket this fee without passing it on to investors...??
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1stwaz
Member of DD Central
Posts: 57
Likes: 29
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Post by 1stwaz on Aug 30, 2017 16:10:44 GMT
I want as a matter of urgency, that it is confirmed that I will receive my bonus interest in the September interest run. Although the chance of default was small until the loan was extended it WAS possible. And it was made clear when I bought on the SM.
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Post by trentenders on Aug 30, 2017 17:36:15 GMT
Calm down dear. Nobody has lost out on anything yet. If you truly are outraged about this, perhaps a quiet word with Lendy's customer service bods would help(?).
Perhaps you could even report back on what they have to say, to (hopefully) alleviate some of the faux anger that is brewing...
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