Comments on: Lending Club Loan Composition

By: Sun

Sun — Fri, 22 May 2009 17:32:43 +0000

@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 Plan

No Debt Plan — Wed, 20 May 2009 18:49:31 +0000

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?

By: Mapgirl’s Fiscal Challenge / Prosper Update

Mapgirl’s Fiscal Challenge / Prosper Update — Fri, 15 May 2009 13:53:56 +0000

[...] I’m seriously thinking about Lending Club once I clear out all my credit cards at the end of the year. It seems appealing and quite a few PF bloggers are doing well with theirs: Dual Income No Kids, Five Cent Nickel, Savingforhome, Sun’s Financial Diary [...]

By: » Lending Club Loan Risks And Returns [Reviews]

» Lending Club Loan Risks And Returns [Reviews] — Thu, 14 May 2009 16:55:22 +0000

[...] Read the rest here: Lending Club Loan Risks And Returns [Reviews] [...]

By: robgarciasj (robgarciasj)

robgarciasj (robgarciasj) — Thu, 14 May 2009 04:07:40 +0000

RT @SunFinancial: Lending Club Loan Composition http://tinyurl.com/qxnyff

By: SunFinancial (Suns Financial Diary)

SunFinancial (Suns Financial Diary) — Thu, 14 May 2009 03:26:56 +0000

Lending Club Loan Composition: It has been nearly three months since I last updated my Lending Club loan portfol.. http://tinyurl.com/qxnyff

By: Cincolive » Blog Archive » Car crash imminent? (ZDNet)

Cincolive » Blog Archive » Car crash imminent? (ZDNet) — Wed, 13 May 2009 22:17:42 +0000

[...] Lending Club Loan Risks And Returns [Reviews] [...]

By: Lending Club Loan Risks And Returns [Reviews]

Lending Club Loan Risks And Returns [Reviews] — Wed, 13 May 2009 21:01:54 +0000

[...] original here: Lending Club Loan Risks And Returns [Reviews] Posted in [...]