blata
Posts: 77
Likes: 62
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Post by blata on Jan 4, 2018 11:49:36 GMT
As previously said this is the make or break for me , either extend within term or make full repayment as promised. As per everything you are only as good as your last promise, if there is a delay please inform us fed up being a mushroom.
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blata
Posts: 77
Likes: 62
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Post by blata on Jan 4, 2018 13:56:59 GMT
Should not have maybe said promise, and we all know there are no guarantees, however updates indicated it would be repaid and at the moment all we have is half truths rather have the truth.
As I have said before this is the one that will break the camels back for me been investing since boaty days.
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Post by sirkillalot on Jan 4, 2018 16:27:09 GMT
I have a fair chunk in this one - so it would be nice to hear some good news. Plus a bumper payout might help out the SM.
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Post by df on Jan 4, 2018 17:33:06 GMT
Should not have maybe said promise, and we all know there are no guarantees, however updates indicated it would be repaid and at the moment all we have is half truths rather have the truth. As I have said before this is the one that will break the camels back for me been investing since boaty days. It will be a miracle if it is repaid this week
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brianlom1
Member of DD Central
He's not the Messiah, he's a very naughty boy!
Posts: 400
Likes: 416
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Post by brianlom1 on Jan 4, 2018 21:58:00 GMT
I managed to find this loan via the Recent Updates tab but I couldn't find it under any of the Loan sub-tabs, am I missing something or is this an indication that payment is imminent?
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Post by skint4achange on Jan 4, 2018 22:21:12 GMT
It is listed under the Available loans tab as there is almost £200k on the SM.
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ingwer
Member of DD Central
Posts: 121
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Post by ingwer on Jan 5, 2018 10:16:28 GMT
Somebody just took a 16k chunk on the SM. Seems a little odd unless there is an extension coming.
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webwizard
Member of DD Central
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Post by webwizard on Jan 5, 2018 10:50:18 GMT
Somebody just took a 16k chunk on the SM. Seems a little odd unless there is an extension coming. Inherent belief in theLendy updates. "...for an update regarding the proposed repayment of the loan, which the borrower expects to be fully repaid before the loan maturity date." Lets hope that the update today provides more insight and that this continues in a positive direction.
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ingwer
Member of DD Central
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Post by ingwer on Jan 8, 2018 11:19:11 GMT
DFL005 is late repaying then despite all the promises/updates. I now have "Bonus Interest" showing against my loan parts. The loan is clearly late as per the terms of the agreement/contract (based on the days remaining) so Lendy have calculated the Bonus Interest amount due. My issue with the wording of "Bonus Interest" as a column title or indeed a calculated value being displayed is that Lendy may or may not choose to pay bonus interest depending on whatever they decide when the loan, presumably, repays later this month. So is it something I can look forward to as a redress for the delay incurred and having my plans for the funds today dashed?
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mikes1531
Member of DD Central
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Post by mikes1531 on Jan 9, 2018 23:16:58 GMT
Somebody just took a 16k chunk on the SM. Seems a little odd unless there is an extension coming. Inherent belief in theLendy updates. Or someone jumping at the opportunity to accrue interest at the 18% rate (including the bonus accrual). Not that I have any faith -- based on Lendy's previous track record -- that the bonus interest ever will be paid. I predict that Lendy will declare that an extension has been granted before the loan is repaid so that they can try to justify not paying the accrued bonus interest.
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Jeepers
Member of DD Central
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Post by Jeepers on Jan 9, 2018 23:27:59 GMT
Inherent belief in theLendy updates. Or someone jumping at the opportunity to accrue interest at the 18% rate (including the bonus accrual). Not that I have any faith -- based on Lendy's previous track record -- that the bonus interest ever will be paid. I predict that Lendy will declare that an extension has been granted before the loan is repaid so that they can try to justify not paying the accrued bonus interest. As far as in concerned, this loan is past due and therefore bonus interest should be paid from now until the extension is granted. If they wanted to avoid paying bonus interest, it should have been arranged before it got to negative days.
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mikes1531
Member of DD Central
Posts: 6,453
Likes: 2,320
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Post by mikes1531 on Jan 9, 2018 23:35:53 GMT
Or someone jumping at the opportunity to accrue interest at the 18% rate (including the bonus accrual). Not that I have any faith -- based on Lendy's previous track record -- that the bonus interest ever will be paid. I predict that Lendy will declare that an extension has been granted before the loan is repaid so that they can try to justify not paying the accrued bonus interest. As far as in concerned, this loan is past due and therefore bonus interest should be paid from now until the extension is granted. If they wanted to avoid paying bonus interest, it should have been arranged before it got to negative days. Jeepers: I agree with you. Unfortunately, Lendy probably don't. And if their past performance is anything to go by, they definitely don't.
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Post by loftankerman on Jan 10, 2018 10:17:15 GMT
As far as in concerned, this loan is past due and therefore bonus interest should be paid from now until the extension is granted. If they wanted to avoid paying bonus interest, it should have been arranged before it got to negative days. Jeepers : I agree with you. Unfortunately, Lendy probably don't. And if their past performance is anything to go by, they definitely don't. I imagine they ' definitely don't ' because, pretty much like everyone else, they are interpreting their rules the way they understood them when writing them.
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jcb208
Member of DD Central
Posts: 838
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Post by jcb208 on Jan 12, 2018 14:23:12 GMT
Any one asked Lendy for an update on this loan,I believe it was due to pay back on time.Once again lack of updates from Lendy Support
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mary
Member of DD Central
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Post by mary on Jan 12, 2018 14:28:37 GMT
No, latest update stated that it would not repay on time, but likely to be this month, but this is not confirmed.
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