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Messages - jasondhsd

#1
Trying to dump my notes on Folio but I keep receiving this message "Asking price(s) is too high. Notes can only be listed for sale with up to a 70% premium."  WTF is this stupid thing talking about? I'm just doing a modest markup of 2-3% to see if anyone bites.   Anyone have any ideas where I should be looking to correct this? I can't figure it out. Thanks
#2
Yup June and July are sucking with over 1000 loans my return has dropped under 3%.  It just keeps falling.
#3
Investors - LC /
June 02, 2017, 11:00:00 PM
Horrible. Just fucking horrible.
#4
Investors - LC / Is Folio dead?
May 20, 2017, 11:00:00 PM
Anyone have luck selling their portfolio on folio or is lendingclub that toxic for investors to touch now? Tried selling at 3% not one sold after 48hrs and from what I read 3% most should sell but that article was a few years old.
#5
Investors - LC /
February 19, 2017, 11:00:00 PM
It's simple common sense that something just ain't right anymore.  The economy is a lot better then it was 5-10 yrs ago but now D-G loans are performing worse. Makes no sense.
#6
Investors - LC / What loan purpose to avoid?
January 18, 2017, 11:00:00 PM
I noticed a lot of my charge offs and late payers have been 'debt consolidation' loans so I've nixed that off the list.  What other things in that list should I filter out?  Somehow I read somewhere that it was best of avoid giving loans for purchases like cars, home improvement, wedding, etc and to give loans to people looking to get out of debt rather than get into debt.  However I think that advice was bullshit now as the people who are trying to get out a debt are mostly deadbeat losers, where people wanting to upgrade their kitchen or go on a nice vacation probably are hard workers that just don't want to drain their account in one swoop.