I emailed LC investing about low loan inventory in mid-November and got back a generic email about supply and demand. Then, this week I got a phone call from another investor services rep to discuss loan supply.
This rep told me that LC hasn't given up on retail investors, and that our feedback is used to make allocation decisions (as recently as yesterday in some sort of loan inventory meeting). Inventory might increase from <100 loans like today to 100-200, but not to 500 loans like prior years. I might want to start pulling back from my account, if I can't find enough loans to invest my cash.
On reflection: someone is listening at LC, but there's no reason to expect any major change. Talking to them does help advocate for our interests.
This rep told me that LC hasn't given up on retail investors, and that our feedback is used to make allocation decisions (as recently as yesterday in some sort of loan inventory meeting). Inventory might increase from <100 loans like today to 100-200, but not to 500 loans like prior years. I might want to start pulling back from my account, if I can't find enough loans to invest my cash.
On reflection: someone is listening at LC, but there's no reason to expect any major change. Talking to them does help advocate for our interests.