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Post by loftankerman on Sept 3, 2018 11:18:00 GMT
Well the weekend's crop of one star reviews had gone when I looked in at around 8:30am Lendy time this morning. The lead review being replaced by a 5 star one from an enthusiastic first timer. However a quick look now had a brief biting one star review supposedly posted ten minutes earlier. I can't imagine it lasting, but it will have been a brief flash of enlightenment while it lasted.
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Post by loftankerman on Sept 2, 2018 8:13:08 GMT
Pages 2 and 3 of this thread were loud alarm bells when this was still moving on the 2M.
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Post by loftankerman on Sept 1, 2018 10:03:40 GMT
I have some money in The House Crowd development projects. They manage to come up with a decent narrative on their projects around the middle of the month and they have photos indicating progress, inside and out, taken by staff members, not forum members peeping over fences. Furthermore they are open about problems that arise, be they suspected Roman ruins or intransigent councils and utilities providers. They don’t drip feed me my own money back and call it interest. They get my capital back to me as soon as they can and I have to wait until everything is done and dusted before they do the sums and work out how much of the offered interest they can give everyone. They just get on with the hard work of doing things professionally without the BS, imaginary returns and smoke screens that Lendy are entrenched in.
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Post by loftankerman on Aug 31, 2018 19:26:48 GMT
I anticipate that the gaps between updates will continue to increase until such a time as posters on this forum will no longer remember that the information provided is just a cut and paste of the previous one.
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Post by loftankerman on Aug 31, 2018 12:44:37 GMT
I agree that is one way for Lendy to market the 80% reduction in qualifying for the elite Lendy Wealth club. If they do, then the phrase "weaselwords" comes to mind.
Another way of looking at it is they are simply trying to avoid admitting they got it very wrong in the first place.
When they sent me the initial invitation I questioned when I might get my current portfolio repaid. They have not yet replied.
I wonder if these who have placed the required minimum of £50k into the Wealth black box now might feel aggrieved that less sophisticated investor are being allowed to join the club. I wouldn't confuse sophisticated with wealthy - very different sadly I would actually say there is in fact likely to be a direct correlation between amount invested and stupidity - the more one invests the more stupid they are likely to be Presumably massaging egos by suggesting the stupid are sophisticated brings on a further flow of cash.
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Post by loftankerman on Aug 30, 2018 22:58:30 GMT
Lendy have dropped the minimum investment in their new "Wealth" product from £50k to £10k!!! That means they'll have to attract five times more punters than they previously anticipated. The question will of course be at what investment level does 'not with a bargepole' become 'worth a punt' ? Having money doesn't imply a penchant for indiscriminately parting with it. I would imagine that anyone happy to take a gamble could find something with better odds than those of a Lendy loan romping home a winner.
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Post by loftankerman on Aug 30, 2018 19:54:14 GMT
been banned for a month for posting a screen shot of one of the trustpilot reviews so see you next month hopefully
Nice to know. I have been tempted to do that myself. My tardiness has paid off yet again. Many happy returns buddy.
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Post by loftankerman on Aug 30, 2018 13:33:27 GMT
Interesting to note that a recent 1 star review by James in which he basically quoted Lendy's own figures to demonstrate the state of play, has simply been removed. So, no explanation, no moaning about alleged non conformances... just gone. Do you think Donald Trump might be an unusually silent partner in this outfit?
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Post by loftankerman on Aug 29, 2018 22:48:53 GMT
latest 5 star review from heather. heather i strongly advise you to read ALL of lendys T@Cs as you will find you will be very lucky to get yor money back after 6o days and your money will not be going into some secret loan portfolio where only lendy wealth customers can access.you will be in the lendy big loan loan book like the rest of us.you just wont know what loans you are in.dont believe all the hype and lendy marketing because the reallity will dawn on you when it is to late. I find it hard to believe that the Heather review isn't a fake. Really! What would Cowes be coming to if anyone who'd write " Me and my husband" would be allowed in. It must have been bad enough stomaching the Lendy people insisting on turning up to get their social climbing return on their lenders' money.
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Post by loftankerman on Aug 27, 2018 9:59:57 GMT
although i understand things progress slowly what irks me yet again is the disparity between the agreed value and the proposed sale value
The property is valued at £10,647,000.
auction valuation 6K
6K? I'll have it!
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Post by loftankerman on Aug 27, 2018 8:02:57 GMT
Someone calling themselves Avihai Rapaport has left a biting one star review that is different to the norm, and deserves 5 stars. Try not to miss it. I am surprised it has stayed up overnight.
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Post by loftankerman on Aug 26, 2018 15:40:10 GMT
Or that former unpaid employees are mitigating their losses. Just saying, been there seen that!
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Post by loftankerman on Aug 26, 2018 8:11:14 GMT
I rarely look at this site any more now it has degenerated to continuous repetitive, and sometimes toxic, moaning by a small number of people. It is still a better source of information than the Lendy site. I am appalled by Lendy's behaviour but not wringing my hands over my own potential losses. I am sympathetic to people having a moan, even if repeatedly so and have no problem with it. I attribute much of the reduction in traffic on this site to the fact that many couldn't care less what loans Lendy are offering. I doubt that having a 'Things ain't what they used to be' class of moan will encourage those people to do and share DD on new loans when they have no trust in the platform or intention of buying into them.
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Post by loftankerman on Aug 24, 2018 14:03:08 GMT
Hilarious! Of the first 9 reviews, the first two have been posted in the last six hours, the next seven have all been taken down by TP because Lendy don't like them. By the way, when I say TP I mean Trustpilot not T*k**g the P**s.
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Post by loftankerman on Aug 22, 2018 14:44:06 GMT
One recent review on TP was from someone calling themselves Ting. For disgruntled forum members it is worth a read. I am surprised Lendy haven't found an excuse for pulling it.
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