P2P Lending / NFT Lending Forum

Lending Club Discussion => Investors - LC => Topic started by: Fred93 on November 28, 2014, 11:00:00 PM

Title: Million dollar income CEO; seeks $35k loan
Post by: Fred93 on November 28, 2014, 11:00:00 PM
https://www.lendingclub.com/browse/loanDetail.action?loan_id=36310434

Oh yea.  You can find lots of CEO, COO, President job titles >$200k, but this is the only million buck salary I've seen on LC.

Income is not (at this time) verified.

Title: Million dollar income CEO; seeks $35k loan
Post by: standby on November 28, 2014, 11:00:00 PM
This guy is a lousy bet anyway based on his loan history.  About the high income,  I am put off right away by the need for more money.  It makes me feel that they are not very good with their money.  It also makes me wonder if they are putting in a backstop in case they need to file bankruptcy.
Title: Million dollar income CEO; seeks $35k loan
Post by: PeerSocialLending on November 28, 2014, 11:00:00 PM
Why even bother? If I scaled this to my income, I'd never consider a loan so small.
Title: Million dollar income CEO; seeks $35k loan
Post by: rawraw on November 28, 2014, 11:00:00 PM
from: PeerSocialLending on November 29, 2014, 07:02:47 PM
Title: Million dollar income CEO; seeks $35k loan
Post by: TravelingPennies on November 29, 2014, 11:00:00 PM
Nickelsteamroller says over all time there have been 46 LC loans where the borrower claimed >= $1M annual income.

Of these 19 had verified income.
Title: Million dollar income CEO; seeks $35k loan
Post by: MarinBB on November 29, 2014, 11:00:00 PM
And of the 51 million dollar-plus annual income loans in the historical file, zero now have a status other than "Current" or "Fully Paid". Seems like a pretty good bet ... if you're into small sample sizes.
Title: Million dollar income CEO; seeks $35k loan
Post by: Prescott on November 29, 2014, 11:00:00 PM
It could be someone who wants to test LC's processes.
Title: Million dollar income CEO; seeks $35k loan
Post by: TravelingPennies on December 03, 2014, 11:00:00 PM
https://www.lendingclub.com/browse/loanDetail.action?loan_id=36421459

Here's a guy who says he makes $2,252,880 / year.  Title: n/a   Length of employment: n/a  Asking for a $20,000 loan. 

Surely this one is another typo where he entered annual salary when asked for monthly, eh?
Title: Million dollar income CEO; seeks $35k loan
Post by: TravelingPennies on December 03, 2014, 11:00:00 PM
from: Fred93 on December 04, 2014, 12:24:00 PM
Title: Million dollar income CEO; seeks $35k loan
Post by: Booleans on December 03, 2014, 11:00:00 PM
from: rawraw on December 04, 2014, 12:28:11 PM
Title: Million dollar income CEO; seeks $35k loan
Post by: TravelingPennies on December 03, 2014, 11:00:00 PM
from: Booleans on December 04, 2014, 02:24:55 PM
Title: Million dollar income CEO; seeks $35k loan
Post by: TravelingPennies on December 03, 2014, 11:00:00 PM
from: rawraw on December 04, 2014, 02:35:54 PM
Title: Million dollar income CEO; seeks $35k loan
Post by: TravelingPennies on December 03, 2014, 11:00:00 PM
from: Booleans on December 04, 2014, 03:57:28 PM
Title: Million dollar income CEO; seeks $35k loan
Post by: core on December 03, 2014, 11:00:00 PM
from: Fred93 on December 04, 2014, 06:06:33 PM
Title: Million dollar income CEO; seeks $35k loan
Post by: Victor on December 03, 2014, 11:00:00 PM
from: core on December 04, 2014, 06:30:20 PM
Title: Million dollar income CEO; seeks $35k loan
Post by: rawraw on December 03, 2014, 11:00:00 PM
Quote"> from: Victor on December 04, 2014, 08:03:22 PM
Title: Million dollar income CEO; seeks $35k loan
Post by: core on December 03, 2014, 11:00:00 PM
from: rawraw on December 04, 2014, 08:36:05 PM
Title: Million dollar income CEO; seeks $35k loan
Post by: Victor on December 03, 2014, 11:00:00 PM
from: rawraw on December 04, 2014, 08:36:05 PM
Title: Million dollar income CEO; seeks $35k loan
Post by: TravelingPennies on December 04, 2014, 11:00:00 PM
Caesar weeps.