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Author Topic: Folio API stopped working since yesterday

R

Ran

  • Posts: 42
Folio API stopped working since yesterday
OP: March 28, 2020, 11:00:00 PM
Anyone seeing this issue since 3/28? Getting "The remote server returned an error: (403) Forbidden." error when trying to get the list from https://api.lendingclub.com/api/investor/v1/secondarymarket/listings?updatedSince=60
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  • *****
  • Hero Member
  • Posts: 608
Folio API stopped working since yesterday
#1: March 28, 2020, 11:00:00 PM
Me too.  Glad to know I'm not the only one.
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k

kaw

  • Posts: 2
Folio API stopped working since yesterday
#2: March 28, 2020, 11:00:00 PM
Same here.
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T
  • Posts: 6588
Folio API stopped working since yesterday
#3: March 28, 2020, 11:00:00 PM
Has anyone contacted LendingClub or Folio? I know it's a weekend. Maybe they'll just reboot on Monday morning.
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R
  • Posts: 17
Folio API stopped working since yesterday
#4: March 28, 2020, 11:00:00 PM
Same here. Liquid has not bought any Folio notes since noon on the 28th.
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T
  • Posts: 6588
Folio API stopped working since yesterday
#5: March 29, 2020, 11:00:00 PM
They haven't fixed it yet.  Huh.  Must be real high priority.
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j
  • Posts: 143
Folio API stopped working since yesterday
#6: March 29, 2020, 11:00:00 PM
:( annoying.  Glad I saw this or I still would have been dropping prices not know the API is down so why there are no buyers.
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R
  • Posts: 484
Folio API stopped working since yesterday
#7: March 29, 2020, 11:00:00 PM
Regarding LC I've become a well known perma-cynic. They have never been transparent on these things.

LC Folio could go the Prosper way for all we know.
Why is it thought the API is down by fault rather than intent and why think it will be restored? They have so much bigger fish to fry.

They just bought a bank before banks crashed. My uninformed speculation is they must have vastly overpaid as compared to today's valuations.
Can they get out of the deal or renegotiate? Their idea was good but massively overtaken by events (extremely unfortunate and not of their making).

My theory is not backed up with any financial / balance sheet analysis at all and may be totally off base.
Anybody who has a better ground truth, or at least an opinion with some numerical analysis, please set me straight.
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T
  • Posts: 6588
Folio API stopped working since yesterday
#8: March 30, 2020, 11:00:00 PM
Liquid started buying again on Folio again at approximately 6:30 Sunday evening.
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T
  • Posts: 6588
Folio API stopped working since yesterday
#10: March 30, 2020, 11:00:00 PM
I take is that as long as 1% fee can fairly compensate Folio without sizable subsidize from LC, LC will leave Folio the way it is. But zero improvements/enhancements
from: Rob L on March 31, 2020, 10:26:48 AM
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