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- Lending Club - Time to panic? - forum. mrmoneymustache. com
Used Lending Club as an investor for almost 5 years Invested about 15K, mostly through automatic purchases by Lending Robot Focused on riskier 3 year loans Stopped investing about 3 years ago mostly because I reached free Lending Robot limit even with their promotions, but also because the return wasn't good enough Didn't bother selling any
- Lending Club - Time to panic? - Mr. Money Mustache
Second, Lending Club has no claim to the payments you receive from borrowers, since each Note is tied to a loan, and loan payments are passed on to Note holders Third, with a $10 2 billion loan portfolio that generated over $18 million in revenue in the first quarter of 2016 alone, we could profitably service the existing Lending Club platform
- Lending Club Default Grace Period Questions
I'm also new to lending club (started August 2015 with $2500) I have my automated defaults set at 5%C, 15%D, 50%E, 20%F, 10%G I do not discriminate based on what the loan is for In just a few short months, I have had 2 notes go into the grace period, 1 F ($75) and 1 G ($150)
- P2P Lending - Mr. Money Mustache
Curious to know if anyone has used Lending Club and what has been your experience with it? Whether it's positive or negative I would like to know your opinion, thank you
- High Yield Savings Account - forum. mrmoneymustache. com
I'm currently looking at Jenius Bank, Lending Club, and Vanguard Money Market, and leaning towards Jenius Still seeking other's recent experience though « Last Edit: September 06, 2024, 08:29:38 PM by jo552006 »
- Peer to Peer Lending (Investors) - forum. mrmoneymustache. com
Lending Club notes could only be sold on PortfolioFn as of a year ago (probably still true) And the loans for sale on PortfolioFn were much lower quality (higher default risk) than the average Lending Club loan of the same category If you go with Lending Club, consider it a very high risk loan program without liquidity that charges 1 00% per
- Filing taxes for Prosper and Lending Club. 1099-B confusion!
I have similar docs for Lending Club I have done the 1099-OIDs in the past, so I think I'm good there I'm using H R Block online Premium software (fyi) I don't know why these P2P lending taxes are so confusing to me! Is my understanding correct here: On one 1099-B under 1d- Proceeds it says $1 14 Under 1e- Cost or other basis it says $808 80
- Why shouldnt I invest more money in lending club? - BiggerPockets
I started investing money in Oct 2010 in lending club My current annualized returns are 11 28% (I think my projected long term return will be around
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