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NEW LOANS:   | 804.eth 2.500 Ξ | remoraid.eth 0.299 Ξ | remoraid.eth 0.299 Ξ | ALL

Recent and Upcoming Changes on the Lending Club Platform

Started by Peter, August 19, 2014, 11:00:00 PM

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AnilG

I miss DanB. I can just imagine his reaction to these changes. He is typically on the money.



TravelingPennies





rawraw



hoggy1

It doesn't cover rent either. Just heard an NPR story saying that 36% (I think?) of renters were paying over 1/3 of their income on rent and in some parts of Florida the average renter paid over 50% of income for housing. The increase will allow more crummy loans to post. I filter out loans where DTI + PTI > 35% (Payment To Income ie DTI including this loan <35%) but I might have to loosen this soon to put more money to work.





NEW LOANS:   | 804.eth 2.500 Ξ | remoraid.eth 0.299 Ξ | remoraid.eth 0.299 Ξ | ALL