Interested to know how well some of the investors here are doing when it comes to charge offs. I have a full array or loans spread across the entire rate spectrum. At this point I hold 6,010 notes of which a total of 279 have been charged off giving me a charge off percentage of 4.65%. All in all, I see this as a quite reasonable hit; considered in relation to the total amount of my funds having been invested. I use Automated Investing as well. How are the rest of you doing? 
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#2
Investors - LC / Give up some numbers.
April 16, 2014, 11:00:00 PM
OK! So I'm on my iMac 27 (paid for by Lending Club interest) listening to Janis Joplin on Pandora and wondering to myself - what are you dude's on this system doing with their money? Below are my numbers off of my taxable account. I am using 'Prime' as my automated investment scheme ; how about yourself?
In Funding 50
Issued & Current 2,286
In Grace Period 14
Fully Paid 765
Late 16 - 30 Days 3
Late 31 - 120 Days 24
Default 4
Charged Off 99
My charge off rate is around 3.33 percent and the vast majority of my notes are for $25. For some reason, perhaps driven by the Martini I am currently imbibing is that I'm doing pretty well compared to the poor fools out there trying to make use of CD's. Chime in with your comments; not so much as to my being a old drunkard but more to the use of Lending Club to make us rich!
Joe
In Funding 50
Issued & Current 2,286
In Grace Period 14
Fully Paid 765
Late 16 - 30 Days 3
Late 31 - 120 Days 24
Default 4
Charged Off 99
My charge off rate is around 3.33 percent and the vast majority of my notes are for $25. For some reason, perhaps driven by the Martini I am currently imbibing is that I'm doing pretty well compared to the poor fools out there trying to make use of CD's. Chime in with your comments; not so much as to my being a old drunkard but more to the use of Lending Club to make us rich!
Joe
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