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Jan 29, 2015
6:14
:30
pm
ebv
LC has been good to me, too.
How are you down money on the venture? And why would that be tied to the "high interest"? Something isn't right about that correlation....
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ebv
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ebv
Joined
Jan 12, 2011
Last login
Apr 19, 2024
Total posts
11,874 (678 FO)
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Messages
Author
Time
Peer to Peer lending. Looks encouraging but how liquid is it?
buckeyeod
1/29/15 5:00pm
FolioFn is used to trade Prosper notes, so you yes, you can liquidate fairly
supertux
1/29/15 5:02pm
I'm not sure if it is the same at Prosper, but at LendingClub, if you have an
supertux
1/29/15 5:02pm
I loaned a friend from YM days $1300 bucks last year, he only owes $200 more.
ToasterChive
1/29/15 5:04pm
it's much worse if you know the person and they stiff you.
Cougarclaw
1/29/15 5:17pm
3 year amortization on all Prosper loans
jkccoug
1/29/15 5:05pm
But I wasn't aware of the loan sale option set forth above.
jkccoug
1/29/15 5:06pm
I'm at a 9% annual return after 18 months or so.
mulletino
1/29/15 5:11pm
If I were doing it I would just set aside a portion of my overall portfolio
jkccoug
1/29/15 5:12pm
I did my own little test back in 2007. I put $2,000 into about 30 different
BYU-Ite
1/29/15 5:25pm
Lending Club has been solid for me. But I'd never put more than a small %
mulletino
1/29/15 5:27pm
LC has been good to me, too.
ebv
1/29/15 6:14pm
Too many of the loans went bad and weren't paid back
BYU-Ite
2/4/15 9:24pm
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