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Jan 29, 2015
5:27
:01
pm
mulletino
Lending Club has been solid for me. But I'd never put more than a small %
of my overall investment portfolio into it.
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mulletino
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BYU-Provo
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mulletino
Joined
Feb 21, 2002
Last login
Jun 21, 2024
Total posts
58,782 (12,551 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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