tx
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Post by tx on Jun 1, 2018 15:16:17 GMT
Just got an email for full repayment of another loan, are they late because they are processing that before interests? But the two should not overlapping. But seems they are processing something. However if they are late to process interest, it is a technical default, hurry up Ly.
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webwizard
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Post by webwizard on Jun 1, 2018 15:16:18 GMT
This is getting worrying. And Ly never communicate even when it is so late in the day. Anyone seeing their interest coming through? I do wonder if there is a plot here..... waiting until after 5.00 pm will mean that if you wish to immediately withdraw your interest it will be requested but not processed until Monday AM, giving Lendy some more hours to earn interest using the funds before paying them out to the investors.... not that I am cynical 
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southport
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Post by southport on Jun 1, 2018 15:19:23 GMT
Ly are not doing themselves any favours. At a time when they should be doing everything possible to keep/attract money to the platform the interest payments are getting worryingly later each month, not good PR.
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Post by supernumerary on Jun 1, 2018 15:27:01 GMT
This is getting worrying. And Ly never communicate even when it is so late in the day. Anyone seeing their interest coming through? Don’t worry I have been noting that BOTH Paul70 and Lendy Support have been on this message board in the last hour… …watching and possibly noting the comments!!!  When anybody gets irate posting on this thread, they disappear for some reason… 
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peteuk
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Post by peteuk on Jun 1, 2018 15:30:06 GMT
Just got another email cl***er l**e has paid back along with cr******gh
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trevor
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Post by trevor on Jun 1, 2018 15:30:57 GMT
Yes, loan is being repaid before interest run. Loan repayment is very slow.
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mh
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Post by mh on Jun 1, 2018 15:51:14 GMT
Still waiting.
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Steerpike
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Post by Steerpike on Jun 1, 2018 16:03:31 GMT
...and the race between BC and LY to pay May interest has been won by BC!
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webwizard
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Post by webwizard on Jun 1, 2018 16:05:45 GMT
For any company, payments are usually made by close of business.
That does not appear to have happened today, so my index of concern for the leaders of Lendy has taken another hit. All my other interest accounts and investments had credited first thing this morning. If this falls over today my level of faith will have dropped.
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tx
Member of DD Central
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Post by tx on Jun 1, 2018 16:07:15 GMT
BC banking is horrible. Ly isn’t good but at least predictable. Deposit every 20min withdrawal every weekday morning. But BC, I never figure out their cut off time and how long it’s gonna take for withdrawal ...
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invester
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Post by invester on Jun 1, 2018 16:08:08 GMT
It's not really a payment though is it in the scheme of things, more of an account credit.
It is badly disappointing though why this could not have been put through in the day. Most things about Lendy have been a disappointment, and I don't see where the overall gain is for them to do things in this way.
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tx
Member of DD Central
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Post by tx on Jun 1, 2018 16:12:25 GMT
Neither do I understand, but that says we actually don’t know their business model.
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Steerpike
Member of DD Central
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Post by Steerpike on Jun 1, 2018 16:13:05 GMT
BC banking is horrible. Ly isn’t good but at least predictable. Deposit every 20min withdrawal every weekday morning. But BC, I never figure out their cut off time and how long it’s gonna take for withdrawal ... Haven't had any problems myself. Withdrawals are processed at 1830 each working day
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Post by Deleted on Jun 1, 2018 16:17:19 GMT
Is this thread for real? Are this many people really bothered by the time of day. There is plenty to legitimately call Lendy to rights on but if you're genuinely concerned whether the interest appears at 9am or 7pm on a given day maybe you need some other interests in life ... pun intended!
Come on, is this what we want this forum to be, a tirade of misled ramblings. Repayments have come through today prior to the interest run and the moans and groans are still echoing round the forum. If we keep our gripes focused on what matters they are much more likely to be heard, this is just a cacophony of noise.
The day it actually isn't paid on time then it might be worth putting fingers to keypad, this is madness, Rant over .....
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Post by supernumerary on Jun 1, 2018 16:31:58 GMT
Is this thread for real? Are this many people really bothered by the time of day. There is plenty to legitimately call Lendy to rights on but if you're genuinely concerned whether the interest appears at 9am or 7pm on a given day maybe you need some other interests in life ... pun intended! Come on, is this what we want this forum to be, a tirade of misled ramblings. Repayments have come through today prior to the interest run and the moans and groans are still echoing round the forum. If we keep our gripes focused on what matters they are much more likely to be heard, this is just a cacophony of noise. The day it actually isn't paid on time then it might be worth putting fingers to keypad, this is madness, Rant over ..... Jester, Thanks for the input, always great to counter balance opinions. You are known for calling a spade a spade, for instance, your last post on the May 11, 2018 at 7:36pm, on another thread, I quote; To summarise, regarding the largest loan on Lendy's books, information regarding both completion date and refinance were taken as read because .... and frankly unbelievably .... they had worked with the broker before and were in contact with him. REALLY? Paul64 Lendy Support That was all the evidence you required, knowing that failure of this huge loan could quite possibly give you the worst press yet, and that's saying something! A couple of weeks later and the reliable borrower/broker (who had been pulling the wool over Lendy's eyes) is disputing the enforcement and trying to buy out on the cheap, get your house in order Lendy, this is shambolic. Hopefully it will be paid by midnight, otherwise Lendy WILL probably get a ROCKET from you…
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