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Post by spareapennyor2 on Mar 21, 2018 15:02:45 GMT
anybody else seeing two many £2 million at the start of values?
couldn`t add up the numbers
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southport
Member of DD Central
Posts: 125 
Likes: 88
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Post by southport on Mar 22, 2018 6:35:06 GMT
I find it a little strange that there is very good, if not an odds on dead cert chance that investors will see a capital loss from this loan. I was under the impression that it was 8% because it was a lot lower risk than the 12% offerings? If the lower risk loans are realising a 30% capital loss what is going to happen to the rest of the loan book?? Don't answer that it was a rhetorical question.  |
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hazellend
Member of DD Central
Posts: 2,363
Likes: 2,180
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Post by hazellend on Mar 22, 2018 6:42:41 GMT
I find it a little strange that there is very good, if not an odds on dead cert chance that investors will see a capital loss from this loan. I was under the impression that it was 8% because it was a lot lower risk than the 12% offerings? If the lower risk loans are realising a 30% capital loss what is going to happen to the rest of the loan book?? Don't answer that it was a rhetorical question. The lower rates were about higher profit margin and nothing to do with lower risk.
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southport
Member of DD Central
Posts: 125
Likes: 88
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Post by southport on Mar 22, 2018 6:44:04 GMT
I find it a little strange that there is very good, if not an odds on dead cert chance that investors will see a capital loss from this loan. I was under the impression that it was 8% because it was a lot lower risk than the 12% offerings? If the lower risk loans are realising a 30% capital loss what is going to happen to the rest of the loan book?? Don't answer that it was a rhetorical question. The lower rates were about higher profit margin and nothing to do with lower risk. Yes, but that's not what Lendy said.
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p2p2p
Member of DD Central
Posts: 123
Likes: 114
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Post by p2p2p on Mar 22, 2018 8:32:15 GMT
I got a status bar message about this, even though I have no holding. Lendy have to learn to focus their messages, and not send them to people who have no skin in the game (I guess the keen could have the firehose as an opt-in), to stop wasting their attention.
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jwatson
Member of DD Central
Posts: 51
Likes: 39
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Post by jwatson on Mar 22, 2018 10:22:01 GMT
I find it a little strange that there is very good, if not an odds on dead cert chance that investors will see a capital loss from this loan. I was under the impression that it was 8% because it was a lot lower risk than the 12% offerings? If the lower risk loans are realising a 30% capital loss what is going to happen to the rest of the loan book?? Don't answer that it was a rhetorical question. The lower rates were about higher profit margin and nothing to do with lower risk. Was it higher profit margin (implying the rate to borrowers was the same), or just that they had to reduce the rate to borrowers to get the business in ? Either way I'd agree that it doesn't seem to relate to risk.
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jaswells
Member of DD Central
Posts: 255
Likes: 184
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Post by jaswells on May 9, 2018 1:50:49 GMT
Partial repayment capital received today. What are the chances of further repayments?
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Post by picanto on Jul 27, 2018 13:03:08 GMT
When you click on "claims underway" tab, it says date repaid 27/7/2018 (today). However, the partial repayment on the actual loan page was made on the 8/5/2018 with no further repayments . I'm confused, has there been another partial repayment towards recovering the outstanding loan balance or is it just a typing error? I'm not in this loan personally so I haven't received any funds.
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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 Jul 27, 2018 13:21:55 GMT
When you click on "claims underway" tab, it says date repaid 27/7/2018 (today). However, the partial repayment on the actual loan page was made on the 8/5/2018 with no further repayments . I'm confused, has there been another partial repayment towards recovering the outstanding loan balance or is it just a typing error? I'm not in this loan personally so I haven't received any funds. Its a long running error affecting certain loans where someone appears to have entered the current date formula in that field rather than just typing the date of the repayment. Its trivial but annoying but Lendy have more important errors to fix, like paying interest correctly on DFL014 which they have been working on for at least two months.
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