WHY I AM LEAVING LENDY

There are a number of different adjectives that could be used to describe the act of lending other people's money to someone with a criminal record for theft,a twice
former bankrupt and general all round notorious individual who has 'won' high profile £multi million cases against big Banks and was under active scrutiny by Members of Parliament no less.

All information available within 5 minutes on Google by a schoolboy. Somehow it beggars belief that Lendy's DD which equals or even surpasses that of most mainstream lenders did not pick any of this up. I put it down to a combination of naivety and the arrogance of youth.

I feel a quite substantial loss coming on here particularly in relation to the tin shed on the industrial estate which was masquerading as a high specification office building and valued accordingly, enhanced by the high spec office rent being paid to another of the Borrowers companies.

Given previous press attention to this borrower I am sure it will be quite widely reported in the national press when the final outcome is known. Perhaps, for that reason alone, Lendy will dig deep into their own pockets so there are no losses for the media to get stuck into.