Comments on: Two of My Lending Club Loans Are 30 Days Late http://www.thesunsfinancialdiary.com/investing/lending-club-loans-30-days-late/ Fri, 03 Feb 2012 17:42:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Todd @ Personal Finance Playbookhttp://www.thesunsfinancialdiary.com/investing/lending-club-loans-30-days-late/#comment-60790 Todd @ Personal Finance Playbook Thu, 20 Aug 2009 21:49:52 +0000 http://www.thesunsfinancialdiary.com/?p=4154#comment-60790 That sucks. A friend of mine is having trouble finding notes he wants to invest in on Lending Club.Currently, only the note trading platform is available to me (I live in MO). Most of the sellers are either in the situation you are (who would want those notes?) or they are selling their notes at a ridiculous mark up. That sucks. A friend of mine is having trouble finding notes he wants to invest in on Lending Club.

Currently, only the note trading platform is available to me (I live in MO). Most of the sellers are either in the situation you are (who would want those notes?) or they are selling their notes at a ridiculous mark up.

]]> By: Sunhttp://www.thesunsfinancialdiary.com/investing/lending-club-loans-30-days-late/#comment-60755 Sun Fri, 14 Aug 2009 02:19:42 +0000 http://www.thesunsfinancialdiary.com/?p=4154#comment-60755 Since I can only buy loans on the secondary market (NJ residents are not eligible for direct lending), I have to select loans myself. On the secondary market, there aren't many options because I don't want to buy loans with markups. Yes, it is time consuming and bad things can still happen. Since I can only buy loans on the secondary market (NJ residents are not eligible for direct lending), I have to select loans myself. On the secondary market, there aren’t many options because I don’t want to buy loans with markups. Yes, it is time consuming and bad things can still happen.

]]> By: nickelhttp://www.thesunsfinancialdiary.com/investing/lending-club-loans-30-days-late/#comment-60754 nickel Fri, 14 Aug 2009 02:03:42 +0000 http://www.thesunsfinancialdiary.com/?p=4154#comment-60754 I just noticed that two of my notes correspond to the same loan. I've been doing $25 notes for everything, but it's time consuming to spread things out this much if you have a decent amount of money to invest. Do you pick loans individually, or do you use the automatic loan-picking feature? I just noticed that two of my notes correspond to the same loan. I’ve been doing $25 notes for everything, but it’s time consuming to spread things out this much if you have a decent amount of money to invest. Do you pick loans individually, or do you use the automatic loan-picking feature?

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