Clicky

  • Welcome to P2P Lending / NFT Lending Forum.
 

ETH.LOAN

News:

This was the original Lend Academy peer-to-peer lending forum, since forensically restored by deBanked and now reintroduced to eth.loan.

To restore access to your user account, email [email protected]. We apologize for errors you may experience during the recovery.

Main Menu
NEW LOANS:   | 870.eth 2.500 Ξ | 804.eth 2.500 Ξ | remoraid.eth 0.299 Ξ | ALL

Whole/fractional loan allocation

Started by Peter, March 26, 2017, 11:00:00 PM

Previous topic - Next topic

nevermore

The LC Advisors https://www.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=408839" class="bbc_link" target="_blank">brochure states that "Lending Club randomly allocates Loan requests to fractional or whole Loan availability on a daily basis based upon platform participants' investment intent for the respective asset types in a given day." (italics mine)

Is anyone able to parse the meaning of "investment intent"? Is this based on investment criteria and automated investing rules?

Fred93

Some funky words there!  Yea, they allocate based on what "some guy" at LC thinks makes sense given the demand he thinks is happening, based on how things have been going and sometimes some hints from institutional investors when their next lump of money is coming.  ... Its like he sticks his finger in the wind and guesses.

NEW LOANS:   | 870.eth 2.500 Ξ | 804.eth 2.500 Ξ | remoraid.eth 0.299 Ξ | ALL