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Post by loftankerman on Dec 29, 2017 18:35:05 GMT
I had a little laugh at this comment. "The borrower has a degree in real estate management". Surely no such mickey mouse degree exists? If you can stump up the tuition fees, some flakey university that used to be a college of further education, will award you a degree in just about any nonsense you can come up with. Blame that idiot Blair.
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Post by loftankerman on Dec 14, 2017 19:37:00 GMT
Ah! Trees! That's okay then, had me worried for a while.
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Post by loftankerman on Dec 14, 2017 14:14:17 GMT
Ah! A response from the Donald Trump play book.
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Post by loftankerman on Dec 14, 2017 13:25:43 GMT
I agree with what you say that it could be behind budget etc, but this is why we depend on the expert/superior knowledge of the people at Lendy who we trust with our life savings! I have never trusted them with my life savings. They only ever had an amount that would have had no real impact on my life if they'd lost it. That amount has been reducing in line with my confidence in them.
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Post by loftankerman on Dec 11, 2017 15:38:50 GMT
Having seen these pictures I think I'd have been slashing my wrists right now if I had not got out of this earlier this year. I assume that somewhere there will be a couple of chalets and a few trees by a pond to avoid accusations of misrepresentation.
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Post by loftankerman on Dec 8, 2017 17:52:16 GMT
I don't have money in this any more. My non Lendy P2P money is in a broad spread of housing developments. My natural inclination on this sort of thing would be to build it out. What would bother me about doing that are my misgivings about the project itself. I believed the properties were optimistically priced and being fairly tightly packed in, really did not have a lot of appeal. My concern is that building out would not result in the original rewards the developer anticipated. Before embarking on a build out, I would want to consider the implications and cost/benefit of reducing the specifications and making them more appropriate to the location and layout. It would mean lowering the sights on the anticipated return, but building to the full original specification might not achieve more in any case.
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Lendy (L) in Administration
Weekly BS
Dec 8, 2017 16:42:47 GMT
Post by loftankerman on Dec 8, 2017 16:42:47 GMT
Paul64 Now we have a new IT man (person) can we please sort out the annoying presentation of text on the website? "Laurence has over 30 years' experience of off and online production in a variety fast paced advertising environments which he utilises to build strong inter-departmental relationships. By creating tailored policies and procedures enables technical and customer facing teams to deliver very high levels of service and reliability." So... Probably, if you can demonstrate that the creation of tailored policies and procedures, targeting the annoying presentation of text on the website, falls above the noise level within the remit of delivering very high levels of service and reliability. Oh how we used to love reading those self-effacing CVs.
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Post by loftankerman on Dec 6, 2017 9:13:25 GMT
Ah? A liquid poo parcel. Good thinking, there'd probably be a run on that.
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Post by loftankerman on Dec 5, 2017 18:57:28 GMT
It has ruined the view from that row of houses.
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Post by loftankerman on Dec 5, 2017 12:14:13 GMT
Having decided on an exit from Lendy some time ago, I haven't bought anything for months. As a consequence I haven't even bothered to try and get my head round all the smoke, mirrors and arbitrary and conflicting 'rules' that are applied. However, this sounds like queue jumping, where Lendy's stuff goes to the head of the queue, irrespective of who was previously there and now presumably, at whatever stage of the sale their loan parts were in.
This constant rule juggling to achieve the desired Lendy outcome reminds me of a lecturer I had almost 60 years ago who referred to 'Cannings Variable Constant'. In general, it was whatever mathematical adjustment was needed to achieve the desired outcome or the result as described in the Answers section at the back of the book.
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Post by loftankerman on Dec 2, 2017 17:46:37 GMT
A couple of years ago my son was invited to join a small international group on a cultural exchange to China. The intention was that they would provide training in their field of expertise. He had an interpreter assigned to him and early on he agreed to create a Power Point presentation that would establish the basic principles. He decided to supplement his interpreter by using Google to translate his bullet points into Mandarin Chinese. The presentation to an audience of about 200 was going well, until the point where he described some outcome as being good. Then they all fell about laughing uncontrollably. When his interpreter stopped laughing, he explained that the term he used for the good outcome normally related to "Sexy happy time."
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Lendy (L) in Administration
Scarily Quiet
Nov 20, 2017 19:55:04 GMT
Post by loftankerman on Nov 20, 2017 19:55:04 GMT
Well there will be no new cash from me making a noise in their till unless and until all my locked-in investments start making at least some kind of favourable sound. Ha! Nothing will induce me to add to my investment with Lendy, I'm just contemplating 'temporarily' exceeding my self imposed limit elsewhere until hopefully my remaining money in Lendy comes home.
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Lendy (L) in Administration
Scarily Quiet
Nov 20, 2017 18:39:37 GMT
Post by loftankerman on Nov 20, 2017 18:39:37 GMT
![:o](//storage.proboards.com/forum/images/smiley/shocked.png) Is there anybody there.........? I think for the first time in my 3 years of lending/donating/sponsoring/giving via SS/Lendy, & 2 years of reading this forum, this is the first time I can recall there having been no posts on the SS/Lendy platform for well over 24 hours, scary. Am I the only SS/L investor left, or do the weekly fact sheets now answer all possible Q's ...........? I thought it seemed pretty desolate over the weekend too, even this morning. I'm just keeping an eye on the final things I have an interest in and trying to decide whether or not to pull equivalent funds out of my 'not for investment' jam jar. I noted this morning that my favourite platform seems to have had an influx of new investors over the weekend, so maybe that goes some way to explaining the silence.
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Post by loftankerman on Nov 15, 2017 9:02:07 GMT
'worse things happen at sea'. Yikes, I hope not I'm a marine engineer.... In my time at sea (1963-1970), I was on vessels that were (a) on fire, twice (b) in collision and (c) adrift in mid Atlantic with a flooding engine room. I served on the lady whose funnel appears to the left in 1966 and she was wrecked at Genoa in April 1970 with the loss of 20 lives. Globally, such events are still commonplace but just don't achieve much prominence through the normal news channels. I'm not sure how to factor this knowledge and experience into investment decisions though.
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Post by loftankerman on Nov 14, 2017 17:17:14 GMT
I only have 4k left in Lendy, split fairly evenly between two loans, one of which I expect will be okay and the other probably okay enough, eventually. I decided to move out in about March. Lendy exhibit concerning behaviour that I associate with the corporate desperation that I saw in my working life, and that didn't always end well. I'm concerned about them but their future is probably still sufficiently within their hands to resolve or not. My reluctance to risk any money with them is based on the fact that I can't have much confidence in what I am told, and have no idea of the scope of what neither I nor Lendy are being told or can't discover. If I were to feel okay about that scenario then I might as well start taking financial advice off my old mate Stuey when I bump into him near the village betting shop of a morning. To me it makes sense to just go away.
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