29-02-2020, 01:21 AM
Apparently Bridgecrowd are offering another multimillion pound loan on a property in Stafford Street, Wolverhampton, to the same borrower who has defaulted on the Sunbeam Development loan on Lendy to the extent of £14M + a lot of interest. Does anyone know the criteria Bridgecrowd (in their wisdom) use for assessing the appropriateness of prospective borrowers to receive credit? Maybe someone on Bridgecrowd can reply on this forum to assure me that my money will be safe if I invest with them on this particular loan. Maybe Mr W has repaid his Lendy loan to the administrators, and we haven't been informed yet. Yes, that must be it.