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Investors - LC / RIP Lendingclub Notes
« on: October 06, 2020, 11:00:00 PM »
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32
Investors - LC / LC Picks New Year Sale
« on: October 05, 2020, 11:00:00 PM »
My NAV has risen to over 10%.
How long will it stay there and how much higher (maybe) can I get it? Time will tell.
I use LC Picks exclusively as my tool to decide on which loans to invest in.
How long will it stay there and how much higher (maybe) can I get it? Time will tell.
I use LC Picks exclusively as my tool to decide on which loans to invest in.
33
Investors - LC / My hardship loan experience
« on: December 31, 1969, 07:00:00 PM »
As of 10.01.20
12 "current" (for lack of a better term)
The situation seems be okay for now.
12 "current" (for lack of a better term)
The situation seems be okay for now.
34
Investors - LC / LC Picks New Year Sale
« on: October 02, 2020, 11:00:00 PM »
I have updated the thread regarding my returns:
https://forum.lendacademy.com/index.php/topic,5166.0.html
I use LC Picks exclusively as my tool to decide on which loans to invest in.
I attached a screen shot from my account below. It has been going pretty well lately. My NAV is creepy up toward 10%
https://forum.lendacademy.com/index.php/topic,5166.0.html
I use LC Picks exclusively as my tool to decide on which loans to invest in.
I attached a screen shot from my account below. It has been going pretty well lately. My NAV is creepy up toward 10%
35
Investors - LC / Review of my lending club account
« on: October 02, 2020, 11:00:00 PM »
Had some issues with my email and had to create a new account. The previous thread is located: https://forum.lendacademy.com/index.php/topic,4828.0.html
A lot of you guys on here were very kind answering my questions prior to me signing up with Lending Club. I'll try to give an update monthly or so.
I started buying loans on 09-14-17 and I've been adding several to my account weekly.
Update as of 10.03.20
My annualized return on loans that have paid off is 9.24%.
My Notes at-a-Glance 903
Not Yet Issued 1
Issued & Current 602
In Grace Period 5
Fully Paid 245
Late 16-30 2
Late 31-120 Days 2
Default 0
Charged Off 43
Canceled 3
Adjusted Net Annualized Return 9.97%
Net Annualized Return 11.77%
Weighted Average Age of Portfolio 18.0 months
My notes by grade are:
A 29.00%
B 54.74%
C 12.00%
D 3.30%
E 1.10%
I've been using LC picks (see other threads in the forum about them if you are unfamiliar) in order to pick which loans to invest in. My LC picks ranking is 66.8/82.
Thanks again for all who helped out in the past.
A lot of you guys on here were very kind answering my questions prior to me signing up with Lending Club. I'll try to give an update monthly or so.
I started buying loans on 09-14-17 and I've been adding several to my account weekly.
Update as of 10.03.20
My annualized return on loans that have paid off is 9.24%.
My Notes at-a-Glance 903
Not Yet Issued 1
Issued & Current 602
In Grace Period 5
Fully Paid 245
Late 16-30 2
Late 31-120 Days 2
Default 0
Charged Off 43
Canceled 3
Adjusted Net Annualized Return 9.97%
Net Annualized Return 11.77%
Weighted Average Age of Portfolio 18.0 months
My notes by grade are:
A 29.00%
B 54.74%
C 12.00%
D 3.30%
E 1.10%
I've been using LC picks (see other threads in the forum about them if you are unfamiliar) in order to pick which loans to invest in. My LC picks ranking is 66.8/82.
Thanks again for all who helped out in the past.
36
Investors - LC / My hardship loan experience
« on: September 25, 2020, 11:00:00 PM »
As of 08.28.20
11 "current" (for lack of a better term)
I saw a few loans go into Late status this week. Maybe a few that were hardship from the past have moved out of that status into late.
The situation seems be okay for now.
11 "current" (for lack of a better term)
I saw a few loans go into Late status this week. Maybe a few that were hardship from the past have moved out of that status into late.
The situation seems be okay for now.
37
Investors - LC / LC Picks New Year Sale
« on: September 25, 2020, 11:00:00 PM »
I have updated the thread regarding my returns:
https://forum.lendacademy.com/index.php/topic,5166.0.html
I use LC Picks exclusively as my tool to decide on which loans to invest in.
I attached a screen shot from my account below. It has been going pretty well lately. My NAV is creepy up toward 10%
https://forum.lendacademy.com/index.php/topic,5166.0.html
I use LC Picks exclusively as my tool to decide on which loans to invest in.
I attached a screen shot from my account below. It has been going pretty well lately. My NAV is creepy up toward 10%
38
Investors - LC / Review of my lending club account
« on: September 25, 2020, 11:00:00 PM »
Had some issues with my email and had to create a new account. The previous thread is located: https://forum.lendacademy.com/index.php/topic,4828.0.html
A lot of you guys on here were very kind answering my questions prior to me signing up with Lending Club. I'll try to give an update monthly or so.
I started buying loans on 09-14-17 and I've been adding several to my account weekly.
Update as of 09.26.20
My annualized return on loans that have paid off is 9.24%.
My Notes at-a-Glance 899
Not Yet Issued 7
Issued & Current 603
In Grace Period 4
Fully Paid 235
Late 16-30 3
Late 31-120 Days 1
Default 1
Charged Off 42
Canceled 3
Adjusted Net Annualized Return 9.80%
Net Annualized Return 11.78%
Weighted Average Age of Portfolio 18.0 months
My notes by grade are:
A 28.60%
B 55.00%
C 12.00%
D 3.30%
E 1.10%
I've been using LC picks (see other threads in the forum about them if you are unfamiliar) in order to pick which loans to invest in. My LC picks ranking is 66.8/82.
Thanks again for all who helped out in the past.
A lot of you guys on here were very kind answering my questions prior to me signing up with Lending Club. I'll try to give an update monthly or so.
I started buying loans on 09-14-17 and I've been adding several to my account weekly.
Update as of 09.26.20
My annualized return on loans that have paid off is 9.24%.
My Notes at-a-Glance 899
Not Yet Issued 7
Issued & Current 603
In Grace Period 4
Fully Paid 235
Late 16-30 3
Late 31-120 Days 1
Default 1
Charged Off 42
Canceled 3
Adjusted Net Annualized Return 9.80%
Net Annualized Return 11.78%
Weighted Average Age of Portfolio 18.0 months
My notes by grade are:
A 28.60%
B 55.00%
C 12.00%
D 3.30%
E 1.10%
I've been using LC picks (see other threads in the forum about them if you are unfamiliar) in order to pick which loans to invest in. My LC picks ranking is 66.8/82.
Thanks again for all who helped out in the past.
39
General P2P Lending Discussion /
« on: September 22, 2020, 11:00:00 PM »
Thank you so much for your reply, Fred93! I’m 100% positive you’re correct regarding the funeral cost. We were all in shock and looking back, we were extremely vulnerable at the funeral home. Balancing sibling’s emotions and wishes, the cost of the casket, “real estate”, service and headstone, it was a ridiculous total in cost:-(.
40
Investors - LC / My hardship loan experience
« on: September 18, 2020, 11:00:00 PM »
As of 08.28.20
12 "current" (for lack of a better term)
The situation seems be okay for now.
12 "current" (for lack of a better term)
The situation seems be okay for now.
41
Investors - LC / Review of my lending club account
« on: September 18, 2020, 11:00:00 PM »
Had some issues with my email and had to create a new account. The previous thread is located: https://forum.lendacademy.com/index.php/topic,4828.0.html
A lot of you guys on here were very kind answering my questions prior to me signing up with Lending Club. I'll try to give an update monthly or so.
I started buying loans on 09-14-17 and I've been adding several to my account weekly.
Update as of 09.19.20
My annualized return on loans that have paid off is 9.33%.
My Notes at-a-Glance 891
Not Yet Issued 1
Issued & Current 604
In Grace Period 4
Fully Paid 233
Late 16-30 2
Late 31-120 Days 1
Default 1
Charged Off 42
Canceled 3
Adjusted Net Annualized Return 9.70%
Net Annualized Return 11.79%
Weighted Average Age of Portfolio 17.8 months
My notes by grade are:
A 27.60%
B 55.80%
C 12.20%
D 3.30%
E 1.10%
I've been using LC picks (see other threads in the forum about them if you are unfamiliar) in order to pick which loans to invest in. My LC picks ranking is 66.8/82.
Thanks again for all who helped out in the past.
A lot of you guys on here were very kind answering my questions prior to me signing up with Lending Club. I'll try to give an update monthly or so.
I started buying loans on 09-14-17 and I've been adding several to my account weekly.
Update as of 09.19.20
My annualized return on loans that have paid off is 9.33%.
My Notes at-a-Glance 891
Not Yet Issued 1
Issued & Current 604
In Grace Period 4
Fully Paid 233
Late 16-30 2
Late 31-120 Days 1
Default 1
Charged Off 42
Canceled 3
Adjusted Net Annualized Return 9.70%
Net Annualized Return 11.79%
Weighted Average Age of Portfolio 17.8 months
My notes by grade are:
A 27.60%
B 55.80%
C 12.20%
D 3.30%
E 1.10%
I've been using LC picks (see other threads in the forum about them if you are unfamiliar) in order to pick which loans to invest in. My LC picks ranking is 66.8/82.
Thanks again for all who helped out in the past.
42
Investors - LC / Review of my lending club account
« on: September 18, 2020, 11:00:00 PM »
There's no correlation between my well earned low opinion of LC and my desire for you or anyone else to do very well with investments there. These are two separate things. I wish nothing but the best for you and apologize if you were offended. It was not my intent. None of my comments were directed towards you or your investment methodology. My posts were only information for your and others consideration to be dealt with as desired. I enjoy reading your reporting. Since I left LC it's about the only information I see regarding how things are going there.
43
Investors - LC / Review of my lending club account
« on: September 17, 2020, 11:00:00 PM »
It is clear there are some people who just don't like Lending Club. I have to wonder why a thread about my returns draws negative responses about past experiences.
Sorry for anyone who got beat up in the past. Maybe if my returns go down I could join the party.
Sorry for anyone who got beat up in the past. Maybe if my returns go down I could join the party.
44