https://forum.lendacademy.com/index.php?topic=3551.msg38390#msg88888888Quote"> from: Rob L on November 03, 2016, 01:19:48 PM
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#32
Investors - LC / Worst Month Yet
November 02, 2016, 11:00:00 PM
This was also my worst month, I lost money at a rate of 5%.
LC clearly lowered lending standards after going public in an attempt to keep their loan volume growth in exponential territory, at the expense of the investors. Until they fix this, I'm done buying notes and will be withdrawing my cash as it comes in.
LC clearly lowered lending standards after going public in an attempt to keep their loan volume growth in exponential territory, at the expense of the investors. Until they fix this, I'm done buying notes and will be withdrawing my cash as it comes in.