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Messages - treyco

#1
Foliofn - LC / FolioFN Hours of Operation
December 08, 2017, 11:00:00 PM
Hi All,

Do you know if the FolioFN platform allows buying and selling 24/7?  Or is it only operational during certain days/hours?  Thanks, Tom
#2
Investors - LC / Unwinding Lending Club IRA
December 06, 2017, 11:00:00 PM
Forum Members:

I have a small IRA with LC (about $6500) that I want to unwind and move out of LC.  I plan to just sell all my loans on the secondary platform rather than letting the loans bleed off over three years.  I have no idea how to maximize selling these loans on the secondary market that trades these.  Do you have any suggestions about asking price, etc?  Just sell at par or what?  I'm not obsessed with maximizing return, but also don't want to get taken to the cleaners.

I welcome your suggestions.

Sincerely,

Tom