Clicky

  • Welcome to P2P Lending / NFT Lending Forum.
 

ETH.LOAN

News:

This was the original Lend Academy peer-to-peer lending forum, since forensically restored by deBanked and now reintroduced to eth.loan.

To restore access to your user account, email [email protected]. We apologize for errors you may experience during the recovery.

Main Menu
NEW LOANS:   | torkoal.eth 0.200 Ξ | tropius.eth 0.200 Ξ | tropius.eth 0.200 Ξ | ALL

Menu

Show posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.

Show posts Menu

Messages - Dark Vulture

#1
It did not work for me. No code was sent to my email. Very annoying! I guess I will wait til Monday or 30 days before things start working.

The Dark Vulture

#2
Yes, it is an annoying problem. For me, it only happens when I buy a note on folio and try to resell it quickly before the next payment due date. For some reason, after the next payment due date, the note will appear in the listings like magic.

Are your notes you are trying to sell bought from folio?

Dark Vulture

#3
Yes, I had this issue in the past, and I am again having this issue again.

I only have this issue when I am trying to sell a note quickly after buying the note on folio. I do not have this issue when I am trying to sell a note that I bought upon issuance from the main Lending Club site.

For some reason, when you are trying to sell a note bought on folio, it will not show up in browse notes until after a payment is made on the note (or scheduled to be made). This is a real bummer because part of my strategy in the past is to buy grace period notes and 16-30 days late notes, and turn around and sell them quickly on folio. This is not possible if the note you are selling is not showing up in "browse notes".

Right now I am just buying and selling current notes and notes 31-120 days late.

Dark Vulture
#4
Investors - LC / what am I missing on this note?
April 14, 2014, 11:00:00 PM
1) It's a 5 year loan-Some people prefer 3 year loans only.
2) It has one credit inquiry-Some people only want 0 inquiries in the last 6 months.
3) The person might be "old"- Earliest credit line is 1984. People fear the "borrower deceased" in the future.
4) 58% credit utilization-Some people prefer below 50%.

A couple months ago, this loan would have funded in seconds. Now, there is a big supply of loans where investors can pick and choose which loan to fund with really strict filters.