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Post by nitpicker on May 1, 2018 12:57:50 GMT
Just driven by Brankesmere House. The car park is empty.
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Post by thecleaner on May 1, 2018 12:58:10 GMT
The Curry brothers , Tim and Mark are apparently at Lendys HQ rifling through the client accounts as i speak.
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Post by picanto on May 1, 2018 12:59:11 GMT
Are people really whinging about the interest run not have happened yet? It's only midday for crying out loud! Lendy will do it sometime today, whether it be early or late it doesn't really matter. A lot of negativity about Lendy these days and some of it is fair, but one thing they have always done is the interest run on the day that it is meant to be done, so stop complaining. Like you, Picanto, we ALL like a little winge sometimes . . . especially if we think something might be going on that we don't like !? So please, if you don't like other wingers, just leave us alone and move on. Well you can always invest your money elsewhere, like a savings bank account were you know that your interest will be paid right on cue? Just a thought....
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jonno
Member of DD Central
nil satis nisi optimum
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Post by jonno on May 1, 2018 13:01:12 GMT
Lets put things straight bfish lendy have never paid interest on the last day of the month ever! They allways paid it on the morning of the first , nothing has changed , they are late today to my knowledge this is the first time ever after twelve o clock I was paid:- 30/9, 31/8, 31/7, 30/6, 31/5, 30/4, 31/3 ... in 2017 ! Thank you, Peteuk, you make me feel special - guess Lendy must have paid me a day EARLY, all that time ! @bfish; I think you've been had over (amongst many) by the wizardry of the Lendy accounting system, whereby payments physically arrived into your account on the 1st of the month but miraculously showed up on your account dated a day earlier!
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Jeepers
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Post by Jeepers on May 1, 2018 13:01:43 GMT
Just driven by Brankesmere House. The car park is empty. Did you check the helipad?
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beechside
Member of DD Central
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Post by beechside on May 1, 2018 13:02:40 GMT
I was paid:- 30/9, 31/8, 31/7, 30/6, 31/5, 30/4, 31/3 ... in 2017 ! Not true... Lendy pay no earlier than the 1st of the month but the effective date (i.e. the date on My Account/Transactions) is the last day of the month, regardless of when they make the payment. A better guide is this thread, when you can see that all payments are on or after 1st of the month.
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jonno
Member of DD Central
nil satis nisi optimum
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Post by jonno on May 1, 2018 13:07:55 GMT
Just driven by Brankesmere House. The car park is empty. Were there any "Cash in Transit" vans around?
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dandy
Posts: 427
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Post by dandy on May 1, 2018 13:10:10 GMT
Just driven by Brankesmere House. The car park is empty. Were there any "Cash in Transit" vans around? they've pivoted http://lundy-projects.co.uk
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averageguy
Member of DD Central
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Post by averageguy on May 1, 2018 13:11:57 GMT
Lovely bit of humour
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Post by nitpicker on May 1, 2018 13:16:15 GMT
Should I go back and check the bike shed?
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withnell
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Post by withnell on May 1, 2018 13:18:46 GMT
Well you can always invest your money elsewhere, like a savings bank account were you know that your interest will be paid right on cue? Just a thought.... Completely disagree with this - it's an argument that only holds for loans where the borrower hasn't paid. Lendy pay a higher interest rate because of the inherent risk, this doesn't change the requirement to pay amounts held on account across to lenders in a timely manner.
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jonno
Member of DD Central
nil satis nisi optimum
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Post by jonno on May 1, 2018 13:19:59 GMT
Should I go back and check the bike shed? Do you think you should get some form of permission first?
Oh F*ck it!! Just go for it 
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chriscross
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Post by chriscross on May 1, 2018 13:21:40 GMT
Whats ridiculous about this situation is that Lendy have seen the trend of money moving away from them, so last month they decided to spend a considerable amount of time and resources ringing around a lot of their investors (me included) to try and build up confidence in their brand, to hopefully bring some of that money back.
I actually enjoyed the conversation and agreed to undertake further research into them, so at the time it did feel like a bit of a step forward.
To me it would have been critical for them to not screw up over the next few months and been on top of their game to gain my trust. Unfortunately its one step forward and three steps back in my mind..
I don't think they realise how important today is to gaining the future trust of investors after what has been experienced lately in P2P..
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jonno
Member of DD Central
nil satis nisi optimum
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Post by jonno on May 1, 2018 13:24:53 GMT
Whats ridiculous about this situation is that Lendy have seen the trend of money moving away from them, so last month they decided to spend a considerable amount of time and resources ringing around a lot of their investors (me included) to try and build up confidence in their brand, to hopefully bring some of that money back. I actually enjoyed the conversation and agreed to undertake further research into them, so at the time it did feel like a bit of a step forward. To me it would have been critical for them to not screw up over the next few months and been on top of their game to gain my trust. Unfortunately its one step forward and three steps back in my mind.. I don't think they realise how important today is to gaining the future trust of investors after what has been experienced lately in P2P.. Absolutely spot on. This is the point I was trying to make earlier but was shouted down as a "Whinger". You've done it far more eloquently than me but you may get some "in-coming".
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Post by picanto on May 1, 2018 13:28:20 GMT
Well you can always invest your money elsewhere, like a savings bank account were you know that your interest will be paid right on cue? Just a thought.... Completely disagree with this - it's an argument that only holds for loans where the borrower hasn't paid. Lendy pay a higher interest rate because of the inherent risk, this doesn't change the requirement to pay amounts held on account across to lenders in a timely manner. Correct me if I'm wrong but interest should be paid the first working day of the month right? Since it is still currently the first working day of the month, then what exactly have Lendy done wrong that hasn't met your criteria of a "timely manner"? Nowhere in their T&C's does it state a specific time frame to the hour for interest payment. I could understand people's frustration if the interest wasn't paid today and no e-mail or explantion as to why, me included, but that isn't the case. People are getting on their high horse and slagging Lendy down for absolutely no reason at this stage. That's my point.
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