Have you received the interest yet?

Personally I get ZERO on a similar amount left now (of course I sold as much as I could and everything left is just stuck as default, forever probably). I did not put new money in for a while and if you don't put new money in, with Lendy, you end up in default
Therefore it's negative interest rate considering inflation
makes you reconsider the "nobody ever lost money with Lendy"

My interest was just under £10 but my frown was already upside down because my £17K spread across two phases of a THC development had already returned the capital in mid September and paid me £2.5K interest 2 days ago.

You missed a bit of further bad news. You’re going to have to wait 3 or 4 years to realise losses. It might take even longer if LY go out of business and hand this sorry mess over to Administrators. Some have said bringing in Administrators might speed things up and lead to better recoveries but I’m not so sure about that as I’ve got money stuck in COL which is under Administration and literally nothing has happened for circa a year, not a single penny has been returned.

With LY I am also doing my calculations based on 50% capital lossses. It’s a lot of money to lose but I’ve prepared myself for it, what I can’t accurately prepare for is the years and years of waiting and the distinct possibility that it won’t be LY running recoveries. 

It seems COL didn’t have full FCA approval and hence FCA decided to shut them down, without any concern for investors. Administrators were appointed, so would roughly follow what we might expect to happen should LY give up the ghost. I can’t see what Administrators are doing behind the scenes at COL but there’s basically been no visible progress for a year apart from them presumably racking up huge fees. There’s been no updates, no progress reported, no plan published and no repayments; it’s basically a black hole. Some people are, sadly, posting on COL forum asking how this mess will be handled after they are deceased and how to ensure their Will has this covered. So, in the short term, I believe we are better in the hands of LY. What worries me is that LY is not a debt collection agency, will they stay in business just to help us recover our money, it seems unlikely. 

As expected, I received 16 days interest for DFL005 for last month before the loan went IA. If you didn't get yours, suggest you contact Lendy Support. Good luck!

The day of receiving no interest and no capital repayment comes again!