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Post by nyquest on Jan 2, 2019 14:55:47 GMT
Hey I got my full £2.56 on £55k. Compared to the £101 I got for £11k in Funding Circle ISA.
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rocky1
Member of DD Central
Posts: 1,139 
Likes: 1,963
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Post by rocky1 on Jan 2, 2019 14:57:14 GMT
Interest payments are a long lost memory for most on Lendy  £100000 invested £25 interest paid WOW !!! are you not a bit worried that the coming capital losses never mind no IOA,IA,BONUS interest is going to knock a big hole in that £100k.some of mine are over 2 years so that plan never worked with me.
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baz657
Member of DD Central
Posts: 500
Likes: 189
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Post by baz657 on Jan 2, 2019 15:01:22 GMT
I'm doing better than some... £1.80 on 3.4k. That's a whopping 0.65% AER (approx).
Gross.
It certainly is.
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Post by Ace on Jan 2, 2019 15:57:53 GMT
I got £0.93 interest paid on my £105.25 investment.
Not many will believe this but, in XIRR terms, Lendy is currently my top performing sterling based platform at 13.79%.
I even weakened for a microsecond and considered reinvesting my 93p. Then I remembered all of the forum posts that show me the real state of what's going on at Lendy. I gave myself a good talking to and hit the withdraw button.
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bod
Member of DD Central
Posts: 83 
Likes: 28
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Post by bod on Jan 2, 2019 17:08:17 GMT
I'm doing really well. £13.35 on the £3.6k still stuck in Lendy. Not a bad 4.4% (approx) AER. Just a shame probably unlikely to get much if any of the remaining capital back.
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hector
Member of DD Central
Posts: 122
Likes: 162
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Post by hector on Jan 2, 2019 18:13:09 GMT
Quoted direct from Lendy's e mails ........
November’s monthly interest has now been credited to
all investor accounts.
£45.4 million in interest credited to investors to date.
December’s monthly interest has now been credited to
all investor accounts.
£46.3 million in interest credited to investors to date.
So, circa £900 K interest paid out on £90 M of loans on the books as at 2nd January 2019. New investors, fill your boots......
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mary
Member of DD Central
Posts: 698
Likes: 711
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Post by mary on Jan 2, 2019 18:37:20 GMT
Quoted direct from Lendy's e mails ........ November’s monthly interest has now been credited to
all investor accounts.
£45.4 million in interest credited to investors to date.
December’s monthly interest has now been credited to
all investor accounts.
£46.3 million in interest credited to investors to date.
So, circa £900 K interest paid out on £90 M of loans on the books as at 2nd January 2019. New investors, fill your boots...... No, there’s £160m of loans outstanding, with just over half still paying interest. This excludes the £6m of “Claims Underway”, which is Lendy code for “Un-realised Losses”.
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Post by nevets on Jan 2, 2019 19:04:18 GMT
I received the email to say that December interest has now been deposited, but there's nothing been added when I log in (not even a few pence). I usually received about £10 - £15 on my £5000 that I have spread across 28 different loans. Perhaps none of the 28 loans are earning interest any more? Anyhow, I've asked Lendy for confirmation. You'd think they'd avoid sending out the "interest has now been credited" emails in the event that there's no interest to be had! |
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Post by loftankerman on Jan 2, 2019 19:04:42 GMT
Well, I can't complain, I got nothing, the same as last month, so things haven't got worse. Good to see Lendy appear to have halted my downhill slide for the moment at least. (So that's the New Year's 'Be Positive!' resolution off to a resounding start then.)
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hector
Member of DD Central
Posts: 122
Likes: 162
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Post by hector on Jan 2, 2019 19:37:05 GMT
Quoted direct from Lendy's e mails ........ November’s monthly interest has now been credited to
all investor accounts.
£45.4 million in interest credited to investors to date.
December’s monthly interest has now been credited to
all investor accounts.
£46.3 million in interest credited to investors to date.
So, circa £900 K interest paid out on £90 M of loans on the books as at 2nd January 2019. New investors, fill your boots...... No, there’s £160m of loans outstanding, with just over half still paying interest. This excludes the £6m of “Claims Underway”, which is Lendy code for “Un-realised Losses”. Sorry, halve my earlier post figs 🤔😭
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Mr_N
Posts: 222
Likes: 225
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Post by Mr_N on Jan 2, 2019 20:46:37 GMT
I received the email to say that December interest has now been deposited, but there's nothing been added when I log in (not even a few pence). I usually received about £10 - £15 on my £5000 that I have spread across 28 different loans. Perhaps none of the 28 loans are earning interest any more? Anyhow, I've asked Lendy for confirmation. You'd think they'd avoid sending out the "interest has now been credited" emails in the event that there's no interest to be had! 1) Log in to LY 2) Look at your loans 3) Cry
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
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Post by Godanubis on Jan 2, 2019 22:07:15 GMT
Interest payments are a long lost memory for most on Lendy £100000 invested £25 interest paid WOW !!! are you not a bit worried that the coming capital losses never mind no IOA,IA,BONUS interest is going to knock a big hole in that £100k.some of mine are over 2 years so that plan never worked with me. Until I actually get a loss in a particular loan I don't worry I will have had some return and those that paid back had large bonus whic will offset some future loss.
As they have never actually settled any of my loans with loss of capital it's a bit of unknown quantity.
My 2 year rule means I count it as 100% loss for that particular loan which should be small part of my overall portfolio not just Lendy. By taking the holistic view the outcome is always positive.
Collateral alredy written of in my books so any recovery will be a plus . Life is too short to worry about things you can't do anything about.
You still however have the right to expect professional managment of your investments which has been lacking.
Time for all P2P to up their recovery game
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bloodycat
Member of DD Central
Posts: 184
Likes: 84
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Post by bloodycat on Jan 3, 2019 9:51:02 GMT
My monthly interest was only slightly below 'predicted' this month, helped by a couple of repayments with bonus interest.
I have managed to avoid some of the worst loans, both from information provided on this forum and some personal biases against certain investments- Unfortunately I haven't avoided all of them- but already some that looked bad paid up so I'm not worrying topo much yet.
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Post by brightspark on Jan 3, 2019 10:49:22 GMT
are you not a bit worried that the coming capital losses never mind no IOA,IA,BONUS interest is going to knock a big hole in that £100k.some of mine are over 2 years so that plan never worked with me. Until I actually get a loss in a particular loan I don't worry I will have had some return and those that paid back had large bonus whic will offset some future loss.
As they have never actually settled any of my loans with loss of capital it's a bit of unknown quantity.
My 2 year rule means I count it as 100% loss for that particular loan which should be small part of my overall portfolio not just Lendy. By taking the holistic view the outcome is always positive.
Collateral alredy written of in my books so any recovery will be a plus . Life is too short to worry about things you can't do anything about.
You still however have the right to expect professional managment of your investments which has been lacking.
Time for all P2P to up their recovery game
Playing the long game can turn into sticking head in sand. Are you (and you are not the only one) playing a mind game rather than acknowledging that a substantial part of your investments is irretrievably lost?
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
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Post by Godanubis on Jan 4, 2019 1:17:42 GMT
Until I actually get a loss in a particular loan I don't worry I will have had some return and those that paid back had large bonus whic will offset some future loss.
As they have never actually settled any of my loans with loss of capital it's a bit of unknown quantity.
My 2 year rule means I count it as 100% loss for that particular loan which should be small part of my overall portfolio not just Lendy. By taking the holistic view the outcome is always positive.
Collateral alredy written of in my books so any recovery will be a plus . Life is too short to worry about things you can't do anything about.
You still however have the right to expect professional managment of your investments which has been lacking.
Time for all P2P to up their recovery game
Playing the long game can turn into sticking head in sand. Are you (and you are not the only one) playing a mind game rather than acknowledging that a substantial part of your investments is irretrievably lost? A loss is not a loss until it manifests itself. There are just not the actual losses to justify predicting the losses you envisage. The actual 100 % loss loans are few and far between and even if I were any It would be at most 1 months interest . Investment in loans usually amount to what would be a a weeks interest. Currently S&S down £20000 P2P up 15% and that is counting collateral invest as 100% write off. Just look at actual proven statistics not unjustified over pessimistic quesses. It should be an easy thng to do if things are so obvious. Again I ask for the hundredth time show me an overall loss in a diversified portfolio with a maximum of 1% in any investments. Nobody has managed to do that . Why don’t you be the first ? I doubt it ..
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