P2P Forum

Lending Club Discussion => Investors - LC => Topic started by: hoggy1 on October 02, 2015, 11:00:00 PM

Title: Whats wrong with this loan?
Post by: hoggy1 on October 02, 2015, 11:00:00 PM
Can anyone tell me what is wrong with this loan?

https://www.lendingclub.com/browse/loanDetail.action?loan_id=61510623&previous=browse

This scores very high in my scoring system and hard to believe just the FL address keeps it from funding.

Steve
Title: Whats wrong with this loan?
Post by: P2Pinvestor on October 02, 2015, 11:00:00 PM
a) 1 inquiry (the ones with 0 have a much lower default rate)
b) 2 years of employment (3 or more years is when default rates are lower and start to level off)
c) FL resident, as you mentioned
d) not F or G (these are the only 2 grades I personally invest in right now)
Title: Whats wrong with this loan?
Post by: lascott on October 02, 2015, 11:00:00 PM
from: hoggy1 on October 03, 2015, 09:09:33 AM
Title: Whats wrong with this loan?
Post by: TravelingPennies on October 02, 2015, 11:00:00 PM
from: lascott on October 03, 2015, 01:17:24 PM
Title: Whats wrong with this loan?
Post by: Fred on October 04, 2015, 11:00:00 PM
from: hoggy1 on October 03, 2015, 05:10:48 PM