P2P Lending / NFT Lending Forum

My algo jobs only showed issues around 4:30pm Pacific -- to get cash balance.

Folio had no issues today.

https://forum.lendacademy.com/index.php?topic=3898.msg35557#msg88888888Quote"> from: neals384 on June 02, 2016, 08:09:22 PM

https://forum.lendacademy.com/index.php?topic=3810.msg34245#msg88888888Quote"> from: andy3109 on May 09, 2016, 07:20:39 PM

https://forum.lendacademy.com/index.php?topic=3810.msg34199#msg88888888Quote"> from: jdaun on May 09, 2016, 10:24:57 AM

https://forum.lendacademy.com/index.php?topic=3762.msg33743#msg88888888Quote"> from: rawraw on April 15, 2016, 08:12:03 PM

I wouldn't be surprised if those institutional investors are doing some form of "capital structure arbitrage" -- long on LC notes, short on LC equities.  If LC is doing well, the notes will produce the returns; if LC tanks, the short on equity will compensate of the loss from notes.

Either way, with a volatile stock like LC, those guys must prepare enough cash for margin calls.

https://forum.lendacademy.com/index.php?topic=3748.msg33577#msg88888888Quote"> from: Emmanuel on April 08, 2016, 03:38:53 PM

My advice would be to take a "Finance 101" class from a local college.

It is more objective, more comprehensive and less-biased than those offered by advisors, agents, friends, families, etc.

I was with Wall Street companies for many years, and I can tell you that a lot of financial innovations are easy to understand once you get the basic formal concepts.

https://forum.lendacademy.com/index.php?topic=3722.msg33313#msg88888888Quote"> from: nonattender on March 30, 2016, 07:24:57 PM

https://forum.lendacademy.com/index.php?topic=3716.msg33191#msg88888888Quote"> from: medico on March 24, 2016, 03:21:02 PM

IMO, this is the key to Prosper's issue:

Quote

Here is what LC says in  https://www.lendingclub.com/info/statistics.action" class="bbc_link" target="_blank">https://www.lendingclub.com/info/statistics.action

Quote

The 35k loans being more likely to default is anecdotal.

Below are some statistics of loans by their original amount, and the percentages of the amount bracket to be charged-off.

Seems loans in the [26,000.01-27k] bracket is the most likely to charge off; while the [34k-35k] bracket is among the least likely.

https://forum.lendacademy.com/proxy.php?request=http%3A%2F%2Fi.imgur.com%2FeO2n9lz.png&hash=7d38bbebf7580860c216cf834ed67a42" alt="" class="bbc_img" />

https://forum.lendacademy.com/index.php?topic=3633.msg32779#msg88888888Quote"> from: Rob L on February 29, 2016, 06:17:56 PM

If you are open to selling and buying on Folio, 60-mo loans are attractive.