Podcast: Play in new window | Download
Subscribe to my YouTube channel and press the bell to be notified when new videos are available
Join the Financial Thing VIP Investment Group and chat with myself and other like-minded investors
Financial Thing Investing Essentials Podcast EP009 Part 1
Guests: Liam Brooke (Director) & Paul Riddell (Head of Marketing and Communications) – Lendy
Category: Property Peer to Peer Lending
Lendy was one of the most popular peer to peer companies offering property bridging and development loans where lenders can earn up to 1% per month. Unfortunately, Lendy investors suffered losses when Lendy failed due to poor loan offerings followed by allegations of fraud.
I was very disappointed when Lendy failed. Remember all investments carry risk so don’t invest more than you can afford to lose and be sure to diversify.
Here is part 2 of the podcast.
You can read my full Lendy failure summary here.
If you find any errors or omissions on Financial Thing or you have any improvement suggestions, I invite you to contact me and be a part of contributing to this website.
Disclaimers: I am not compensated to write reviews and I’m not employed by any of the companies I review. In most cases, I have invested or continue to invest my own money through the companies I review. In order to fund Financialthing.com, this website contains referral links and advertising. This advertising in no way influences the reviews and opinions. When you sign up for an account through my website, in some cases I receive an affiliate referral fee directly from the companies, at no cost to you. Your support enables me to continue to operate the Financial Thing website. You can read more about my referral links and advertising here.
** This page is for information purposes only. This information is not financial advice and has been prepared without taking your objectives, financial situation or needs into account. You should consider its appropriateness for your circumstances. All investing carries risks. Opinions expressed in this review are opinions based on my own personal experiences. The FSCS does not cover peer to peer lending and your capital is at risk. Please don’t invest more than you can afford to lose. **