8 months in and I've finally had my first default,
https://www.lendingclub.com/foliofn/loanPerf.action?loan_id=1593902&order_id=3468742¬e_id=14464818" class="bbc_link" target="_blank">https://www.lendingclub.com/foliofn/loanPerf.action?loan_id=1593902&order_id=3468742¬e_id=14464818
Beyond the high revolving utilization are there any obvious red-flags there that I was missing?
I don't think I would have made that loan now simply because in later stats I ran it looked like CC consolidation loans where the loan amount was so off the the reported revolving did less well. But I always try to learn more...
https://www.lendingclub.com/foliofn/loanPerf.action?loan_id=1593902&order_id=3468742¬e_id=14464818" class="bbc_link" target="_blank">https://www.lendingclub.com/foliofn/loanPerf.action?loan_id=1593902&order_id=3468742¬e_id=14464818
Beyond the high revolving utilization are there any obvious red-flags there that I was missing?
I don't think I would have made that loan now simply because in later stats I ran it looked like CC consolidation loans where the loan amount was so off the the reported revolving did less well. But I always try to learn more...