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Author Topic: Whats wrong with this loan?

h
  • Posts: 54
Whats wrong with this loan?
OP: October 02, 2015, 11:00:00 PM
Can anyone tell me what is wrong with this loan?

https://www.lendingclub.com/browse/loanDetail.action?loan_id=61510623&previous=browse

This scores very high in my scoring system and hard to believe just the FL address keeps it from funding.

Steve
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P
  • Posts: 1
Whats wrong with this loan?
#1: October 02, 2015, 11:00:00 PM
a) 1 inquiry (the ones with 0 have a much lower default rate)
b) 2 years of employment (3 or more years is when default rates are lower and start to level off)
c) FL resident, as you mentioned
d) not F or G (these are the only 2 grades I personally invest in right now)
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