LendingCROWD NZ P2P

[beacon]

I can understand them for automating the lots of withdrawals
- but either daily
- or weekly with interest earnings on the idle funds accumulating there

That's a clear FMA complaint worth for not functioning well for investors as of the laws and regulations. That's exactly what I saw some time ago (anti-investor friendly) and posted here for other issues before.

I'll second that. There is a clear and solid case of complaint against them regarding stopping DAILY withdrawals if no interest is paid on Investor funds.
They have been investor agnostic, and keep forming/changing rules to suit themselves. Changing the withdrawal rules unilaterally is breach of trust, even if they can prove it is not breach of their contract (which I doubt they can prove anyway).

I don't think they made even the Monday (auto) weekly payment which was supposedly due yesterday. I haven't received mine. What a dog's breakfast...