lucky
Member of DD Central
Posts: 79
Likes: 46
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Post by lucky on May 8, 2018 17:23:06 GMT
I was contemplating registering with Ly and having a flutter on this but reading comments on other loans on this forum have decided to sit on my hands.
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MONEY
Posts: 63
Likes: 831
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Post by MONEY on May 22, 2018 10:15:08 GMT
T7's loan value has been revised:- 22nd May 2018: Original - 8th May 2018:
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hazellend
Member of DD Central
Posts: 2,363
Likes: 2,180
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Post by hazellend on May 22, 2018 10:31:25 GMT
I was contemplating registering with Ly and having a flutter on this but reading comments on other loans on this forum have decided to sit on my hands. Lol thanks for letting us all know!
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averageguy
Member of DD Central
Posts: 1,188
Likes: 895
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Post by averageguy on May 22, 2018 13:03:09 GMT
I was contemplating registering with Ly and having a flutter on this but reading comments on other loans on this forum have decided to sit on my hands. Seems a sensible choice
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Post by mrclondon on Feb 11, 2019 17:41:56 GMT
It's interesting that no-one wants to discuss loans that haven't been flagged by Lendy as suspended or that aren't in negative days. Oh, silly me, this loan offers 13% and has 63 days remaining so has to be revered and held in awe. Maybe it should be, I'll confess that the "holiday lodge" asset class is one I struggle to fully comprehend. I've added a new post to the DD Central thread with various links regarding the sales and marketing of the lodges, some links date back almost 12 months. One possible interpretation of this material is that sales have been slow. The loan originally stated that sale of the lodges was the exit strategy, but recent updates suggest refinance is being explored. Seems a lot hinges on the how the site is valued by the proposed new lender. If sales have indeed been slow, it might cast some doubts on the GDV figure being used by Lendy.
Of course there could be other interpretations, and I appreciate that most people have no inclination to spend a few minutes every now and then using google to find out a bit more about their investments, and to review the underlying risks. Or at the very least have no inclination to share their thoughts on such risks here (until its too late).
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sl75
Posts: 2,092
Likes: 1,245
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Post by sl75 on Apr 12, 2019 8:18:57 GMT
It's interesting that no-one wants to discuss loans that haven't been flagged by Lendy as suspended or that aren't in negative days. It's been suspended now, so I guess people will want to discuss it?
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Post by meyerlansky on Jun 1, 2019 12:32:34 GMT
Does anybody know anything about this investment? I cannot find anything on Google except some old selling adverts. Has it built up?
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,330
Likes: 11,549
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Post by ilmoro on Feb 16, 2021 12:42:21 GMT
Partial payment just made, 30%
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