ganymede
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Post by ganymede on Jan 12, 2017 16:40:36 GMT
My allocations. 157 £5000 158 £850
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mikes1531
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Post by mikes1531 on Jan 12, 2017 16:41:50 GMT
Only the C****t gone live? at least, I've not got any of the other (yet) and I prefunded both (with different amounts) This does seem odd, especially inasmuch as most of the questions raised here were related to the C****t. But PBL158 has now gone live. I got £850, so that seems to have been the maximum allocation. I presumed PBL097 would have to be repaid before PBL158 could go live, but both seem to be live right now.
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mikes1531
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Post by mikes1531 on Jan 12, 2017 16:42:57 GMT
My allocations. 157 £5000 158 £850 ganymede: Did you pre-fund for more than £5k of PBL157?
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will
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Post by will on Jan 12, 2017 16:45:18 GMT
157 was 5K max.
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ganymede
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Post by ganymede on Jan 12, 2017 16:53:33 GMT
My allocations. 157 £5000 158 £850 ganymede : Did you pre-fund for more than £5k of PBL157? Yes £6k on both.
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toffeeboy
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Post by toffeeboy on Jan 12, 2017 16:53:35 GMT
Only the C****t gone live? at least, I've not got any of the other (yet) and I prefunded both (with different amounts) This does seem odd, especially inasmuch as most of the questions raised here were related to the C****t. But PBL158 has now gone live. I got £850, so that seems to have been the maximum allocation. I presumed PBL097 would have to be repaid before PBL158 could go live, but both seem to be live right now. I would guess that it is as simple as pressing a button to have a loan go live, some final checks to be done so they did them in number order or maybe PBL097 caused the delay on PBL158 with them being linked then a few extra steps had to be taken before PBL158 went live.
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voss
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Post by voss on Jan 12, 2017 16:58:56 GMT
A simpler solution (than going back to arbitrary "stages") would be for savingstream briefly to list "Items remaining to be checked before draw-down" when posting new pipeline loan details. That way, the forum's DD hounds would know that SS are already aware and on the case. Information is often messy. For example, what is a checklist item for one loan may be full of sub-items for another, or a particular borrower may have special confidentiality requirements. So, if the DD process were to feed an automated notification system to us lot, then it must be supervised carefully for every loan to ensure that not too much and not too little information is disclosed. If I was SS, I would pass on it.
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ozboy
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Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Jan 12, 2017 16:59:15 GMT
Well, that (T** C*****) went like the proverbial last hotcake didn't it, despite the "Press" "So a perfect example for paul to get his teeth into. Major questions have been raised about the planning, the ownership of the property, even the identity of the borrower yet the loan has been launched without any communication that any of these queries have been resolved." - I too am more than surprised that this went live "as is" without additional annotation ilmoro, gobsmacked even. I suppose SS have their motives .................. Good Luck on this one to those who invested, I hope it sells without any aggro.
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mikes1531
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Post by mikes1531 on Jan 12, 2017 17:02:47 GMT
PBL097 has now repaid.
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dan83
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Post by dan83 on Jan 14, 2017 13:41:10 GMT
I didn't even see a new go live email for this.
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Jan 14, 2017 13:41:52 GMT
I didn't even see a new go live email for this. Your not alone - nobody did
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james
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Post by james on Jan 14, 2017 14:00:24 GMT
With respect to the text "the borrower is an Architect and Landscape Architect" is the borrower really the individual or is it a limited liability company? Remember that an individual is making all of their assets available for debt collection but a limited liability company tries to shield the owners so there can be a very big risk difference between the two cases.
If a company then a look at PBL020 may be instructive given description of that borrower as an experienced developer but loan actually to a limited liability company only 30% owned by that person with Lendy having an undisclosed 10% ownership of the actual borrower.
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adrianc
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Post by adrianc on Jan 14, 2017 14:06:39 GMT
I didn't even see a new go live email for this. Your not alone - nobody did 11.17am, Jan 9th Or do you mean a new-new one, for the delayed launch? No need. It was covered by that NB.
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Jan 14, 2017 14:24:15 GMT
With respect to the text "the borrower is an Architect and Landscape Architect" is the borrower really the individual or is it a limited liability company? Remember that an individual is making all of their assets available for debt collection but a limited liability company tries to shield the owners so there can be a very big risk difference between the two cases. If a company then a look at PBL020 may be instructive given description of that borrower as an experienced developer but loan actually to a limited liability company only 30% owned by that person with Lendy having an undisclosed 10% ownership of the actual borrower. Thats the question that weve been trying to get an answer to. (amongst others)
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Jan 14, 2017 14:27:41 GMT
Your not alone - nobody did 11.17am, Jan 9th Or do you mean a new-new one, for the delayed launch? No need. It was covered by that NB. You know what I mean you cheeky bearded git I appreciate the 'N.B.' and that loans may be delayed, but it would be nice to have notice before the loan actually goes live
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