DFL005 - Arboretum, Land with PP - SUSPENDED

Indeed. If I was in their position I would be moving heaven and earth to get repayment of Arboretum to coincide with announcement of imminent go-live of the Edinburgh pipeline loan.
Until then, I'm not raising my hopes too much as a lot of "unforeseen events" could occur before the Fat Lady sings. 

I did the same. Normally I wouldn't invest in something with so few days left, but I made an exception here - and regret it.

Lendy was great for me for nearly two years, but I'm gradually pulling back. The problem is that the money withdrawn has to be reinvested somewhere. It seems that every p2p site has its horror stories, and its cohort of disgruntled investors who've lost money and feel they've been screwed over, but equally, most sites have a cohort of people who've done really well, and feel happy. I read this forum to try to work out how to always be in the second group, but I'm beginning to conclude that as well as good diversification and some sensible rejection of certain types of loan, there's a lot of luck involved.

That statement may now be out of date, given that the accrued bonus was paid on PBL133 when it was extended again the other day. The penny-pinching approach was always unjustifiable and invited constant criticism, so hopefully has now been reversed.

I honestly don't care whether it's written into the Ts&Cs or not.  If Lendy are going to show it on their website and in my account info as having accrued, ISTM to be totally unreasonable for them to decide later that they're not going to pay it.  If there are circumstances where they know they're not going to pay it, they shouldn't show it as accruing on the website.

Can you imagine the furore that would develop if a mainstream bank were to decide not to pay the interest they previously had said would be accruing on a saver's account?  They'd be crucified!  And rightly so.  I don't believe Lendy should be held to a lesser standard.

If the FCA are aware that Lendy are doing this, perhaps they told Lendy that the approval of their full authorisation won't happen until they end that practice.  And perhaps that's why the BA was paid on PBL133 and DFL010.  Not that I have enough faith in the FCA to believe that scenario is very likely.

fasty :  Do you mean things like the unexpected arrival of Christmas? 

A bank wouldn't be stupid enough to advertise something that they have no intention of paying for a start, but also in the T&C's that YOU agreed to when signing up for their website, there was no contract for them to pay this.  There is a statement that says about when a loan is brought back to IOA the bonus is no longer to be paid.

However, this also seems to be changing as I pointed out before, the last 2 loans taken from IA to IOA have both paid the interest and as such, your answer to my statement is irrelevant.

No you have not been misled? You have indicated that you have read their terms and conditions which have no reference to the bonus interest. It is also plainly clear on the FAQ's that the bonus may not be paid in the event that the account is brought back into line.

You are getting at the wrong person here, I am all for what you are saying, and Lendy appear to be doing just what you are suggesting, but my point is that they are not in breech of contract and what they are doing is PROBABLY not against FCA rules.

If you believe that you are being misled into buying a loan part and the information relating to the payment of interest is not clear on the website, put a complaint into the FCA or talk to Lendy (Which is the first thing the FCA will ask, if you have raised the matter with Lendy to clarify/rectify?).

My point was it is not contractual. It is not mentioned in the T&C's of the lender. So it does not have to be paid.

That said, Lendy appear to be listening and are even paying the bonus when they do not have to do so. So the likelihood of them not paying it on this loan appears to be negligible.