Comments on: Lending Club Loan Composition http://www.thesunsfinancialdiary.com/investing/lending-club-loan-composition/ Fri, 03 Feb 2012 17:42:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Sunhttp://www.thesunsfinancialdiary.com/investing/lending-club-loan-composition/#comment-58504 Sun Fri, 22 May 2009 17:32:43 +0000 http://www.thesunsfinancialdiary.com/?p=4004#comment-58504 @No Debt Plan I haven't calculated the return myself yet (LC used to show that number in the account, but not now). The reason I don't have any default right now is all my loans are new, issued just a couple of months ago the most. At the beginning, people don't seem to have problem making payments. I heard default and late payment usually start to happen when the loan is 6 months to 1 year old. I guess I will have a better idea in the self half of the year.For the number of loans I own, one or two defaults won't hurt too much. That's why I plan to increase the size of my loan holdings. @No Debt Plan I haven’t calculated the return myself yet (LC used to show that number in the account, but not now). The reason I don’t have any default right now is all my loans are new, issued just a couple of months ago the most. At the beginning, people don’t seem to have problem making payments. I heard default and late payment usually start to happen when the loan is 6 months to 1 year old. I guess I will have a better idea in the self half of the year.

For the number of loans I own, one or two defaults won’t hurt too much. That’s why I plan to increase the size of my loan holdings.

]]> By: No Debt Planhttp://www.thesunsfinancialdiary.com/investing/lending-club-loan-composition/#comment-58228 No Debt Plan Wed, 20 May 2009 18:49:31 +0000 http://www.thesunsfinancialdiary.com/?p=4004#comment-58228 I can't view images in this post while at work so I'm not sure if you put this in the post... but, nonetheless what is your overall return?With a large number of loans and no late payments you seem to be ahead of the game. How would your return be impacted by one, two, or three defaults? I can’t view images in this post while at work so I’m not sure if you put this in the post… but, nonetheless what is your overall return?

With a large number of loans and no late payments you seem to be ahead of the game. How would your return be impacted by one, two, or three defaults?

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