hazellend
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Post by hazellend on Oct 28, 2017 7:49:31 GMT
Yep - Lendy were light on their toes with this one.... no sooner had £7.5M hit lenders' accounts and T17 was upped from £470k to £1M+ They sure did spend that £1.6M received on the 05/10 quickly! What's that you say? IMS visit?? I'm sayin' nuffink...  Nor am I but that concerns me. If I'm honest I'm glad I'm pretty much out of LY apart from 3 loans and a small residual amount - 2 of which are non P2P old terms loans. It feels a bit too much like they make it up and change the rules as they go along. I await the day one of these mega DFLs repays in full. Time will tell. You weren’t even tempted by The Mills development George?
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elliotn
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Post by elliotn on Oct 28, 2017 8:29:53 GMT
Nor am I but that concerns me. If I'm honest I'm glad I'm pretty much out of LY apart from 3 loans and a small residual amount - 2 of which are non P2P old terms loans. It feels a bit too much like they make it up and change the rules as they go along. I await the day one of these mega DFLs repays in full. Time will tell. You weren’t even tempted by The Mills development George? I can’t imagine my Friday nights without George’s (a)musings. Thankfully he didn’t let us down tonight despite bailing and leaving us all to our own fates. (No more sales of any decent securities with 150 days to go neither  ).
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Post by picanto on Oct 31, 2017 15:05:31 GMT
The latest tranche (tranche 17) that went live yesterday started at 0 days and is now into negative days. Can somebody explain to me why this is when there is actually 67 days left before repayment is due? Thanks.
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fasty
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Post by fasty on Oct 31, 2017 15:16:01 GMT
The latest tranche (tranche 17) that went live yesterday started at 0 days and is now into negative days. Can somebody explain to me why this is when there is actually 67 days left before repayment is due? Thanks. Perhaps there will be immediate bonus interest?
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Post by GSV3MIaC on Oct 31, 2017 15:17:41 GMT
Almost certain to be .. equally certain not to get paid, like some other bonuses we could mention.
Why did it happen ?? .. attention to detail, lack of.
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oldgrumpy
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Post by oldgrumpy on Oct 31, 2017 15:30:51 GMT
The latest tranche (tranche 17) that went live yesterday started at 0 days and is now into negative days. Can somebody explain to me why this is when there is actually 67 days left before repayment is due? Thanks.
Perhaps there will be immediate bonus interest?
Almost certain to be .. equally certain not to get paid, like some other bonuses we could mention.
Why did it happen ?? .. attention to detail, lack of.
Par for the course, it seems, for Mr Brooke ad his office non-entities. Not a professional set-up, for all their boasting. Should've stuck to the occasional boat (with deliberate bizarre images of different boats to prevent ID).
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bloodycat
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Post by bloodycat on Oct 31, 2017 16:13:22 GMT
The main loan shows 67 days, the previous tranche shows 66 days. I assume these 2 latest tranches will get merged into the main loan tomorrow once the cash back and monthly interest has been paid.
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Post by GSV3MIaC on Oct 31, 2017 21:28:54 GMT
And I notice my 1p 'for sale' marker leapt backwards down the sale queue by £xxk, so I guess the last tranche was not totally a sellout, whatever the cashback might have been. The Q had been moving reasonably well up to this point (and maybe will again, unless Ly pull the same trick).
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Jeepers
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Post by Jeepers on Oct 31, 2017 21:45:19 GMT
When is the CB due to be paid?
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GeorgeT
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Post by GeorgeT on Oct 31, 2017 23:00:32 GMT
The latest tranche (tranche 17) that went live yesterday started at 0 days and is now into negative days. Can somebody explain to me why this is when there is actually 67 days left before repayment is due? Thanks.
Perhaps there will be immediate bonus interest?
Almost certain to be .. equally certain not to get paid, like some other bonuses we could mention.
Why did it happen ?? .. attention to detail, lack of.Par for the course, it seems, for Mr Brooke ad his office non-entities. Not a professional set-up, for all their boasting. Should've stuck to the occasional boat (with deliberate bizarre images of different boats to prevent ID). I get the impression LB is a smooth talking PR style entrepreneurial front man but not someone who has a great eye or interest in detail.
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Doc
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Post by Doc on Nov 1, 2017 10:01:17 GMT
Notice a decent amount of cashback tranches now being placed on the secondary market - Have holders received their cashback on these tranches already ?
If so then those buying on the secondary market won't get the cash back even though it is still mentioned in BIG RED CAPS.
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Jeepers
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Post by Jeepers on Nov 1, 2017 10:04:01 GMT
THeyre probably cancelling peoples loan parts that haven’t been funded before the cashback goes through
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mary
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Post by mary on Nov 1, 2017 10:04:43 GMT
Notice a decent amount of cashback tranches now being placed on the secondary market - Have holders received their cashback on these tranches already ? If so then those buying on the secondary market won't get the cash back even though it is still mentioned in BIG RED CAPS.100% of both loans(£2.6m) on the SM is more than a decent amount! Edit - now disappeared, just Lendy's usual glitches at work!
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beechside
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Post by beechside on Nov 1, 2017 10:06:45 GMT
Decent amount? It was over 1 million with total Loans Available over 2 mill. Then it disappeared, presumably to remove the false Cashback message. Guess they'll get it right at some point...
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Doc
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Post by Doc on Nov 1, 2017 10:14:06 GMT
... looks like cashback tranches being processed now, soon to be relaunched as dfl005 loan parts - notice the queue starting to edge up already.
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