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Million dollar income CEO; seeks $35k loan

Started by Peter, December 03, 2014, 11:00:00 PM

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Fred93

https://www.lendingclub.com/browse/loanDetail.action?loan_id=36310434" class="bbc_link" target="_blank">https://www.lendingclub.com/browse/loanDetail.action?loan_id=36310434

Oh yea.  You can find lots of CEO, COO, President job titles >$200k, but this is the only million buck salary I've seen on LC.

Income is not (at this time) verified.


standby

This guy is a lousy bet anyway based on his loan history.  About the high income,  I am put off right away by the need for more money.  It makes me feel that they are not very good with their money.  It also makes me wonder if they are putting in a backstop in case they need to file bankruptcy.

PeerSocialLending

Why even bother? If I scaled this to my income, I'd never consider a loan so small.


TravelingPennies

Nickelsteamroller says over all time there have been 46 LC loans where the borrower claimed >= $1M annual income.

Of these 19 had verified income.

MarinBB

And of the 51 million dollar-plus annual income loans in the historical file, zero now have a status other than "Current" or "Fully Paid". Seems like a pretty good bet ... if you're into small sample sizes.

Prescott

It could be someone who wants to test LC's processes.

TravelingPennies

https://www.lendingclub.com/browse/loanDetail.action?loan_id=36421459" class="bbc_link" target="_blank">https://www.lendingclub.com/browse/loanDetail.action?loan_id=36421459

Here's a guy who says he makes $2,252,880 / year.  Title: n/a   Length of employment: n/a  Asking for a $20,000 loan. 

Surely this one is another typo where he entered annual salary when asked for monthly, eh?








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