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  • FIRST POST
    jamesd
    P2P: Lendy, formerly called Saving Stream (AKA SavingStream)
    • #1
    • 2nd Aug 16, 7:32 PM
    P2P: Lendy, formerly called Saving Stream (AKA SavingStream) 2nd Aug 16 at 7:32 PM
    This is a discussion for things specific to the Lendy peer to peer lending platform, formerly called Saving Stream, to make it easier to find those as distinct from more general P2P discussions.

    Lendy typically does the ubiquitous property development loans seen in the P2P world at the moment. Interest rates were typically 12% but these days seem priced to attract the money needed based on size rather than risk. All loans are secured on some sort of physical asset.

    TOPICS: generic P2P, Ablrate, Lendy (formerly Saving Stream), MoneyThing.
    Last edited by jamesd; 13-04-2017 at 1:18 PM. Reason: Add rebrand to Lendy for P2P investing to title and post, update interest rates/risk description
Page 10
    • bigadaj
    • By bigadaj 8th Sep 17, 5:20 AM
    • 10,692 Posts
    • 6,982 Thanks
    bigadaj
    Code:
    Asset Details        % Book       Asset value        Loan Value    % pa     LTV
      
    In Default           13.15%   £ 39,860,000.00   £ 24,937,750.00   12.00%  62.56%
    
    Interest Accruing    11.76%   £ 39,790,000.00   £ 22,289,279.00   12.00%  56.02%
    
    Interest Serviced     0.00%   £             0   £             0       0%      0%
    
    Interest on Account  75.09%   £361,644,055.00   £142,357,049.00   11.62%  39.36%
    
    Loan Book Total     100.00%   £441,294,055.00   £189,584,078.00   11.67%  42.96%
    Originally posted by JohnRo
    So, you're presumably not back 'in'?
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