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Author Topic: When are deadbeats reported to credit agencies

h
  • Posts: 54
When are deadbeats reported to credit agencies
OP: September 03, 2014, 11:00:00 PM
Here's a loan with a steady 725 FICO history which is almost 4 months without a payment and which was sent to a collection agency 6 weeks before the last FICO score was reported.  When does LC report these cheats?

https://www.lendingclub.com/foliofn/browseNotesLoanPerf.action?showfoliofn=true&loan_id=11296258&order_id=31341307&note_id=39351235
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r
  • Posts: 4
When are deadbeats reported to credit agencies
#1: September 07, 2014, 11:00:00 PM
and the credit score is up...
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r
  • Posts: 567
When are deadbeats reported to credit agencies
#2: September 07, 2014, 11:00:00 PM
I'd ask LC
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c

cfb

  • Posts: 33
When are deadbeats reported to credit agencies
#3: September 07, 2014, 11:00:00 PM
Just don't mention the word 'deadbeats'.  I had an LC guy get all offended when I used that term regarding people who stop paying on a loan.  :D
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b
  • Posts: 152
When are deadbeats reported to credit agencies
#5: September 16, 2014, 11:00:00 PM
Why report them when you can hope they refi out of their (and our) problem!?
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T
  • Posts: 6588
When are deadbeats reported to credit agencies
#6: May 16, 2015, 11:00:00 PM
What if social lending is just a scam by the large banks to create a last chance re-fi for deadbeats that is outside the banks' balance sheets? I can imagine Citibank sending Lending Club offers to customers they identify as in trouble.  Just flexing my conspiracy muscle to stay in shape.  :)
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