tombraider
Member of DD Central
Posts: 117 
Likes: 103
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Post by tombraider on Jul 1, 2017 20:19:39 GMT
Does anyone actually click the link and rate.... I had a look at trustpilot link and wish I hadn't.... we all look at the worst reviews first.... had to agree with most of them about the default situation lack of clarity on position and why aren't the these chased and why hide them on a defaulted loan page. Currently 7.5 out of 10 overall.... I'm currently a 5 out of 10 and possibly dropping lower depending on how wildly out the valuations are when the loans with £200k plus for sale on the sm become defaults.
but no one has lost money with Lendy / SS YET.... I just hope the provision fund wasn't spent on fireworks in a marketing stunt at cowes... get the feeling we will need that
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Post by brokenbiscuits on Jul 2, 2017 10:41:38 GMT
Those giving 1 and 2 star reviews should not be investing with lendy.
If they just recently invested, then they didn't do enough research into current availability and what impact that might have on trying to sell. if they have been invested for over a month there have been plenty of opportunities to sell out in seconds/minutes. Why are they still here?
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elliotn
Member of DD Central
Posts: 3,064
Likes: 2,681
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Post by elliotn on Jul 2, 2017 12:25:45 GMT
No losses currently a Big saving grace, more difficult as the book moves further into DEF territory, detail on IMS a positive step forward (including negatives ie potential delays), how they manage those DEFs may be the main determinant for our '18 reviews.
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Post by ratracer on Jul 6, 2017 16:33:43 GMT
I'll be giving them a 3 star at best and will do so if/when my loans ever sell on that graveyard they call the secondary market. It's so illiquid it's unbelievable. I understand it shouldn't be replied upon but there's barely any activity on there.
Lendy, let me discount my loans so you can find buyers!!!
They need to get their marketing in order and find some more investors. I want to get out of Lendy ASAP.
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