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Messages - Lovinglifestyle

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Investors - LC / Recoveries: More than usual?
« on: January 06, 2018, 12:00:00 AM »
Thanks for pointing this out.  I discovered Dec. had $48 recovery and Nov. had $24, up from $2 in Oct.  That's a trend I like!  Didn't have an adj. val jump, but that's because of sales' discounts.
Foliofn - LC / FolioFN Hours of Operation
« on: December 09, 2017, 12:00:00 AM »
Pretty sure it's 24/7.  I don't know, and I only sell --not buy.  Haven't experienced any limitation on selling times.
Investors - LC /
« on: November 30, 2017, 12:00:00 AM »
Adjusted Net Annualized Return:   13.87%
Weighted Average Interest Rate:   18.51%
Weighted Average Age of Portfolio:   50.8 mos
Number of Notes:   5,061

Combined Return
Adjusted Net Annualized Return 8.11%

A(1.0%) B (3.2%) C(6.6%) D(11.0%) E(47.4%) F*** (21.1%) G*** (9.8%)
Payments  36(28.7%) 60(71.3%)

Your Portfolio

vs All Accounts:
vs Similar Age Accounts:
vs Similar Age and WAIR Accounts:
Investors - LC / Dear LC
« on: November 15, 2017, 12:00:00 AM »
I wouldn't care about returns falling if I didn't have any charge-offs!
Foliofn - LC / Discount on notes Liquidation
« on: November 14, 2017, 12:00:00 AM »
In general, I will discount a few times a day.  Sometimes buyers seem to be doing something else, like enjoying themselves, or out of money temporarily.  Waiting longer causes problems like going to payment processing or progressing on the late schedule.  A few days ago I had an in-grace, up-trend FICO, listed at -33%, and the next day it went to bankruptcy!
Automatic investment users have clear criteria that may not fit your notes for sale until the price is low enough.  The lowest I have to discount on a current note presently is -55%.  I respect their judgment.  The same reason they want a large discount is probably the reason I don't want to keep it myself. They are smart and seem to know what they are doing. I am liquidating only the dropping FICO trends or late pays now because those are easy to sort for at the Folio site.  Have already removed most lowest interest notes because those will have paid back less principal by the time they eventually get to the down or late state.  Any that maintain their FICO trends AND always pay on time can stay, at least until the 36 month ones are gone.

I thought I read your question a few days ago, but I must be mistaken.  Hope this answer helps a little.  A long time ago some famous posters said (sic) "if you haven't sold the note yet the price isn't low enough, and you can only sell it for what somebody is willing to pay."  Another asked "Are you pricing it to sell, or pricing it to keep?"  I still remind myself of that, and am glad I stuck to $25 notes.  That makes it easier to let go--or said another way, causes less pain!

Edit P.S.  That grace I mentioned that just went BK has paid me back $37.22 on my $25 note, in 52/60 payments on an F-4 at 23.76%.  $5.25 balance was remaining.
Investors - LC / LC Cash on Balance Sheet Down
« on: November 11, 2017, 12:00:00 AM »
Does a Canadian bank get to write off its LC losses against its interest income?
I'd say no, it doesn't look like denial is coming.The most recent note (loan portion) I purchased was submitted by the borrower on Oct. 20 and issued on Oct. 26 (today).

Calling LC on the phone and telling them about your dilemma might help them move things along.  They may say their questions weren't answered as fast as they could have been. 

Yes, In Review is a good sign.  Next comes Issuing, which can take a couple or more days, then Issued a day or two after that.
imho, you've waited far long enough!  Again, the reason for that could be that your ex dragged his feet after being contacted.  Good luck!
Foliofn - LC / Folio Fico Trend Chart Not Working
« on: October 24, 2017, 11:00:00 PM »
Three up trend notes trended down today or yesterday (didn't look then), and today I'm listing them but all three charts are blank!
Temporary hitch, I hope.
Anybody know how long it's been like this?
Suggestions / new forum bug - stale "new" indicators
« on: October 19, 2017, 11:00:00 PM »
I use Safari, and I've experienced the same thing.  Clicking back and forth doesn't make the memory change its mind about whether I read the post or not.  Waiting is the only solution I've found.  Doesn't happen all the time.
Investors - LC / Suspicious loans
« on: October 17, 2017, 11:00:00 PM »
I'd say they're borrower-behavior related.
According to PeerCube data, the 112020462 loan violates at least 5 of my "no way" rules.
Investors - LC /
« on: September 30, 2017, 11:00:00 PM »

Primary Adjusted Net Annualized Return: 13.92%
Weighted Average Interest Rate:   18.58%
Weighted Average Age of Portfolio: 48.3 mos
Number of Notes: 5,142

Notes Breakdown:  Active: 556.  Fully paid: 4247.  Charged off: 339
Traded:  7091
Traded ANAR: 3.58%
Combined ANAR: 8.13%

A (0.8%) B (2.7%) C (6.8%) D (12.4%) E (47.3%) F (21.2%) G (8.9%)

36(35.9%) 60(64.1%)

Am still withdrawing my accumulated interest while it's still there.  I doubt that LC has any intention of doing any of the things that might make me change my mind.

lascott:  Best wishes for your continued recovery!
Investors - LC / LC Email: "The Next Generation Credit Model"
« on: September 12, 2017, 11:00:00 PM »
I've been looking in vain for something encouragingly positive in the new loan profiles.
I hoped to find more that passed my filter, or, if not that, more in the A,B,C categories that subjectively appear safer.
I don't yet see any (subjective and/or emotional) changes that indicate better quality to me.
Did you go back and check the column that says markup/discount, to see which note/s are 70+ %?
It's pretty frustrating to have to go back to find negative returns or excessive markup, especially when you have a whole page for sale.  Been there.
Investors - LC /
« on: September 03, 2017, 11:00:00 PM »
As of 9/4/2017:

Combined Net Adjusted Annualized Return:  8.36%
Weighted Average Interest Rate:                18.93%
Weighted Average Age of Portfolio:             45.6 mos
Number of Notes:  5435

Notes Breakdown:  Active: 885; Fully Paid: 4221; Charged Off: 328                               
Number of Traded Notes:  6786 (3.70 ANAR)

A(0.6%) B (1.9%) C(5.3%) D(11.1%) E(47.3%) F(24.2%) G(9.6%)

36(41.2%) 60(58.8%)

vs All Accounts: 92.90

Am still winding down, mostly for tax reasons and common sense re net returns vs. effort.

Investors - LC / Selling Houston loans
« on: August 30, 2017, 11:00:00 PM »
Thanks, Rubicon.  Thank you for the zip updates too.  I'm selling mine.
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