jsmill
Member of DD Central
Posts: 100 
Likes: 114
|
Post by jsmill on May 24, 2018 11:13:53 GMT
It is certainly good news. Nowhere near enough to tempt me back to the dark side but a start. However, this really does demonstrate how ridiculous the recent Lendy vote proposition actually was. What the hell were they doing contemplating not going after the interest?
|
|
SteveT
Member of DD Central
Posts: 6,875
Likes: 7,924
|
Post by SteveT on May 24, 2018 11:23:39 GMT
Well done Lendy, got to the right outcome in the end.
|
|
withnell
Member of DD Central
Posts: 550
Likes: 491
|
Post by withnell on May 24, 2018 11:39:53 GMT
Hopefully now the borrower can put some focus on DFL012, I'd happily put some cash into the 2nd charge loan to get the development finished!
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,334
Likes: 11,558
|
Post by ilmoro on May 24, 2018 11:46:31 GMT
I’m happy to continue my 3 year lucky run of no defaults or lost interest. Just wolves to contend with now! Wolves!!! Being a lender on Lendy not enough excitement for you? 
Here's some more benign flying pigs to celebrate in the traditional manner a successful recovery of a problem loan. Well done Lendy Support.
|
|
Yintara
Member of DD Central
Posts: 61
Likes: 83
|
Post by Yintara on May 24, 2018 11:58:14 GMT
I received 90p interest that I didn't know was due, might be able to afford an extra olive in my martini this weekend
As an extra bonus, the repayment seems to be having some effect on the SM at long last.
|
|
dandy
Posts: 427
Likes: 341
|
Post by dandy on May 24, 2018 12:02:12 GMT
Credit where its due, well done.
Although the cynic in me thinks this outcome was probably known a long time ago ...
|
|
Carter
Member of DD Central
Posts: 250
Likes: 549
|
Post by Carter on May 24, 2018 12:05:17 GMT
Common sense prevails and Lendy deliver a positive outcome for lenders. More of this please.
|
|
Yintara
Member of DD Central
Posts: 61
Likes: 83
|
Post by Yintara on May 24, 2018 12:12:13 GMT
I am a bit confused about numbers. In the page 'Repaid Loanparts' for PBL120 I have all the loan parts listed correctly with the capital corresponding to what has been returned. In the column to its right I read 'interest', which is 724,95. In the transaction list though, the total interest received back today is only: 428,60. Am I doing something wrong? Is the first amount the total amount of interest paid, including what was already paid out before the loan went IA?
|
|
rocky1
Member of DD Central
Posts: 1,139
Likes: 1,963
|
Post by rocky1 on May 24, 2018 12:23:39 GMT
good out come eventually so well done lendy.so now lets get on with with the job in hand and sort out the rest of these borrowers to the full extent.a few more positive out comes like this and i might be tempted to start investing again.
|
|
hector
Member of DD Central
Posts: 122
Likes: 162
|
Post by hector on May 24, 2018 13:16:11 GMT
good out come eventually so well done lendy.so now lets get on with with the job in hand and sort out the rest of these borrowers to the full extent.a few more positive out comes like this and i might be tempted to start investing again. Hear hear
|
|
69m
Member of DD Central
Posts: 122
Likes: 215
|
Post by 69m on May 24, 2018 13:25:30 GMT
A very welcome and rather unexpected result, so credit to Lendy.
At the moment my policy is to withdraw recovered / repaid funds from the platform. However, that will probably change if similar outcomes can be achieved for other non-performing loans.
|
|
webwizard
Member of DD Central
Posts: 157
Likes: 145
|
Post by webwizard on May 24, 2018 13:59:26 GMT
Great to see this repaid with interest and bonus.
I suspect the approval of the second charge loan for DFL012 was dependent on this repayment (same borrower). Therefore, the first tranche should move to live shortly as that progresses. Hopefully then that project can move forwards as the webcam suggests nothing happening.
|
|
ptr120
Member of DD Central
Posts: 1,202
Likes: 1,350
|
Post by ptr120 on May 24, 2018 14:15:23 GMT
thegrumbler your maths is better than mine. Would Lendy Support like to comment and confirm if a correction is needed here?
|
|
locutus
Member of DD Central
Posts: 1,059
Likes: 1,622
|
Post by locutus on May 24, 2018 14:26:53 GMT
I have two issues as well. My bonus is definitely 2.5% despite being an investor from launch. Additionally, I have no bonus payments in my transaction list for loan parts which were repaid during the bonus accrual period i.e. for loan parts which were accumulating a bonus, had part of their capital repaid and then fully repaid today, I only received bonus on the part that paid today (missing the accrued bonus for the earlier part payment). Anyone care to verify their own accounts?
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,334
Likes: 11,558
|
Post by ilmoro on May 24, 2018 14:57:12 GMT
My interest is right, factoring in interest paid up to 27/7/17, partial repayment 16/8, residual balance sold 24/10, small top up 16/8, sold 24/10 (obviously no bonus as none accumulated on R1)
Heading out but Ill look at full loan numbers later if its still unreconciled.
|
|
