mikes1531
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Post by mikes1531 on Jan 12, 2017 16:14:02 GMT
i took it as a deliberate but more polite term The first time I read it, I thought it was a typo, and was intended to be 'poor'.
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elliotn
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Post by elliotn on Jan 12, 2017 16:25:00 GMT
Pretty poo - technically oxymoron.
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boundah
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Post by boundah on Jan 12, 2017 17:51:29 GMT
Welcome Paul, just a bit spooked by your LinkedIn profile: 'a love for story-telling'
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oldgrumpy
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Post by oldgrumpy on Jan 12, 2017 17:57:04 GMT
Welcome Paul, just a bit s pooked by your LinkedIn profile: 'a love for story-telling' I thought we'd decided to be nice to Paul for a few minutes hours.
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Post by spareafewcoppersguv on Jan 12, 2017 18:01:34 GMT
Hi everyone, and thanks for all your great comments. Very good. 'Sentence' or not, it's a great opportunity, and a great team here. I have only started this week, so lots to look at. Please don't expect immediate changes, but things will move quite fast and I hope that you will see improvements over coming weeks and months. Best contact direct on paul@lendyfinance.com to get my attention, but I will keep an eye on the forum and drop in from time to time. Keep smiling. P Hi Paul and welcome - we look forward to seeing the impact of your efforts, and sincerely trust that these won't be directed too much into acquiring new lenders, over and above fulfilling the entirely reasonable expectations of the SS existing lender base. Whilst it is perhaps understandable that you would prefer your primary comms channel with investors / lenders to be via direct email, I strongly suggest you "drop in" and respond to the forum on a very regular basis! Expectations are high, so good luck and best wishes.
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twoheads
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Programming
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Post by twoheads on Jan 12, 2017 18:55:55 GMT
So with Paul64 and George on the team, I presume we can expect John and Ringo fairly soon?
Sorry... couldn't resist.
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vmail
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Post by vmail on Jan 12, 2017 19:01:57 GMT
Welcome Paul
Good luck with your new appointment, hope you don't feel some of us on here I given you to much of a hard time but communications has been pretty poo of late Why are you allowed to say poo when I'm not allowed to say
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jcb208
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Post by jcb208 on Jan 12, 2017 19:53:48 GMT
i took it as a deliberate but more polite term Correct its more polite then S***
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locutus
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Post by locutus on Jan 12, 2017 22:19:35 GMT
Hi everyone, and thanks for all your great comments. Very good. 'Sentence' or not, it's a great opportunity, and a great team here. I have only started this week, so lots to look at. Please don't expect immediate changes, but things will move quite fast and I hope that you will see improvements over coming weeks and months. Best contact direct on paul@lendyfinance.com to get my attention, but I will keep an eye on the forum and drop in from time to time. Keep smiling. P Hi Paul and welcome - we look forward to seeing the impact of your efforts, and sincerely trust that these won't be directed too much into acquiring new lenders, over and above fulfilling the entirely reasonable expectations of the SS existing lender base. Whilst it is perhaps understandable that you would prefer your primary comms channel with investors / lenders to be via direct email, I strongly suggest you "drop in" and respond to the forum on a very regular basis! Expectations are high, so good luck and best wishes. I agree. Emails seem a bit pointless as he will likely be answering the same questions from different investors repeatedly. Instead, it would be much more effective to post here so that he can answer just the once.
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Post by wickedxuk on Jan 12, 2017 22:28:34 GMT
Hi Paul64, Thanks for introducing yourself. I appreciate there is a lot of information for you to digest here, and I'm sure you will get some emails, and many replies to this thread, but as well as the threads already mentioned, there are these here too which you may find informative. loan updates...; loan book updates...; updates quality pollI think most lenders will realise that SS don't always have or are able to provide specific information, but just wish to be kept abreast of developments, and receive pertinent information and answers to reasonable queries, as much as possible. I think it would be good if the Q&A section on the loan pages could be implemented too. That might save on some repetitive queries, as well as keep us all in the loop. Good luck, and hope you don't find some of the posts too disheartening, take the ‘noise’ as a mark of SS’s success I second this. Like AC. If a question is posted through the Q&A it should be seen on the loan page for all investors to see along with the response. As much as Paul should look to communicate on here, there will be investors that aren't part of this community and a live Q&A on the loan page would allow them to see answers to relevant questions also.
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james
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Post by james on Jan 12, 2017 23:15:35 GMT
Hi all, I am just writing to introduce myself as the new head of marketing and comms at Lendy Finance/SS. In light of the content of CONC 3.3, the "clear, fair and not misleading" rule, I suggest that you become familiar with the events of PBL020. Please let us know when those with control responsibility at the time of those events are no longer in positions of authority within the business. Also please let us know if there is ever a board level individual responsible for the ethical conduct of the firm, the practical capability to remove those who have demonstrated 3.3 breaches from the firm and who has demonstrated in their past work a willingness and ability to effectively address the actions of senior individuals, including those who may have hired them. I trust that events at Lending Club and in relation to PBL020 will make it clear why it is my opinion that this is desirable. Letting us know of any other material changes that may affect our ability to trust that what we're being told in financial promotions is accurate and includes all potentially relevant information may also be useful. Your new employer is one of the two P2P firms I recommend against using on 3.3 grounds. If the apparent underlying facts and related risks change, naturally I'll reconsider my opinion.
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mason
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Post by mason on Jan 13, 2017 20:27:34 GMT
Hi all, I am just writing to introduce myself as the new head of marketing and comms at Lendy Finance/SS. In light of the content of CONC 3.3, the "clear, fair and not misleading" rule, I suggest that you become familiar with the events of PBL020. I'd also suggest Paul64 takes a look at PBL157 in which one of his colleagues states ( here) that it is SS policy not to check their compliance with 3.3 until after inviting customers by email to make their investment decision. It is still the belief of the denizens of this forum that the above financial promotion contains factually incorrect and misleading information, in which case this would certainly constitute another breach.
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james
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Post by james on Jan 14, 2017 12:35:23 GMT
The FCA is still inviting feedback on their consultation contact details and those who have received this financial promotion may wish to avail themselves of the possibility, with that post being of particular value. I recommend saving copies of the post as soon as possible.
Sadly this reinforces my opinion that the key issues around this business are in the area of control responsibility.
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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 19, 2017 14:41:42 GMT
Hi Paul, Great news! From my side, I would like investors to be able to access the loan agreements/contracts that we have with the borrowers we are lending to. I had made a request in March last year, was promised that it was in the pipeline and a contract column was even added to the loan list, but has since been removed. Best, H. SS have changed the T&Cs to remove the relevant part of the clause refering to loan agreements being displayed.
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mason
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Post by mason on Jan 19, 2017 18:01:48 GMT
Which financial promotion are you referring to? I believe james 's post follows on from mine and refers to PBL157, but it is relevant to any loan SS has invited us to invest in that is described in a misleading manner.
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