P2P Lending / NFT Lending Forum

I (almost) always buy only debt_consol/CC_refi notes. Then I watch FICO trends carefully. The FICO trend should rise after the loan issues if the borrower used the funds as stated because they have just traded revolving credit for installment credit. If it doesn't rise I place it up for sale on Folio. After the bump one of two things happen - 1) it stays high and/or goes higher still (borrower really helped by loan consol) or 2) more typically they drift back down (running their cards up again). I sell notes where FICOs have fallen 50+ points from the HIGH POINT.

Amazing! Over 500 notes at both 10 and 2 today.

What document is this quoted from?

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How do I get to see LCs small business loans?

Before rawraw asks.. I reported to LC as follows.

A) Attached is today's  notes_ext file. You will see that no loans are indicated as on a payment_plan (column AG). However loan 14428544 is in fact on a payment plan.

  https://www.lendingclub.com/foliofn/browseNotesLoanPerf.action?showfoliofn=true&loan_id=14428544&order_id=21291216&" class="bbc_link" target="_blank">https://www.lendingclub.com/foliofn/browseNotesLoanPerf.action?showfoliofn=true&loan_id=14428544&order_id=21291216&  note_id=44851619

B) The note shows as current but on payment plan. The payment on the plan is not due for more than a week so no payment is processing so the note should be salable. Is this not correct?

Down  31%
Flat     17% (9% unissued but I actively sell downs on folio)
Up       51%

Status is apparently a subjective judgement at LC (see http://www.lendacademy.com/forum/index.php?topic=2803.msg24953#msg24953" class="bbc_link" target="_blank">http://www.lendacademy.com/forum/index.php?topic=2803.msg24953#msg24953) and they don't seem very concerned about it. I have visions of their "Payment Solutions specialist" passing post-it notes amongst themselves.

https://forum.lendacademy.com/index.php?topic=2759.msg24704#msg88888888Quote"> from: core on November 14, 2014, 12:17:58 PM

https://forum.lendacademy.com/index.php?topic=2763.msg24606#msg88888888Quote"> from: Lovinglifestyle on November 10, 2014, 04:43:07 PM

https://forum.lendacademy.com/index.php?topic=2764.msg24507#msg88888888Quote"> from: core on November 07, 2014, 11:55:12 PM

I reported the following bug to LC soon after they added the traded notes file download

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https://forum.lendacademy.com/index.php?topic=2763.msg24370#msg24370">Quote"> from: jpildis on November 06, 2014, 09:07:02 AM

Its been many years since I used SAS and I hated it. I use SPSS, but I think it is quite expensive now after IBM bought the product. If you have a child in high school or college get them to buy you a student version. These are quite reasonable. There is a free knockoff PSPP (http://en.wikipedia.org/wiki/PSPP" class="bbc_link" target="_blank">http://en.wikipedia.org/wiki/PSPP) but I have never used it. If you try it let me know how you make out.

https://forum.lendacademy.com/index.php?topic=2701.msg24013#msg88888888Quote"> from: Fred93 on October 23, 2014, 11:44:55 PM

I haven't but I see them all the time on high YTM loans on FolioFn