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Author Topic: Grace period needed after first payment

D
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Grace period needed after first payment
OP: November 24, 2013, 12:00:00 AM
Well whats the chances this one comes back with going into grace period after one payment? Similar stories out there? Interestingly his (or her!)  credit is trending is up.

https://www.lendingclub.com/account/loanDetail.action?loan_id=7377876
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c
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N
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Grace period needed after first payment
#3: November 25, 2013, 12:00:00 AM
"You should sell it to me for -60% before he files BK or skips town."

Wow!  You better make that -75%.  That note will be going 16-30 days late any moment now.  Don't blink!
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R
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Grace period needed after first payment
#4: November 25, 2013, 12:00:00 AM
Aaaand it's "Completed - in grace period".  Congrats!

Often times, the first payment will fall inside of the grace period due to initial error in establishing the correct account and routing number for the ACH transfer.
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T
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T
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T
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Grace period needed after first payment
#8: November 30, 2013, 12:00:00 AM
Oddly enough this guy paid up. Remarkable.
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