P2P Forum

Lending Club Discussion => Investors - LC => Topic started by: RT45 on July 25, 2016, 11:00:00 PM

Title: What are late notes worth?
Post by: RT45 on July 25, 2016, 11:00:00 PM
Quote
Title: What are late notes worth?
Post by: anabio on July 25, 2016, 11:00:00 PM
from: RT45 on July 26, 2016, 02:35:57 PM
Title: What are late notes worth?
Post by: bluto on August 03, 2016, 11:00:00 PM
Back when my account was relatively new, I looked at the recovery rate of late notes compared with the discounts being offered and attempted to speculate on a few "bargain" falling knives.  One note ended up with positive performance, and it took 6 years (I got a surprise settlement long after it had been written off).