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

Was this a Good Deal or What?

Started by Peter, September 12, 2017, 11:00:00 PM

Previous topic - Next topic

JohnnyP

I recently put a bunch of loans for sale at 10% premium, not thinking much would happen. To my surprise, I had a bunch of F and G notes that ended up selling. These were never late with flat or rising trends that were roughly 40 months old.

Now, I wonder how this could be a good deal for the buyer. These notes returned roughly 8 percent up to now because they were in the "good ol' days" vintage. They likely return more now because they have such a good repayment history. Still, with the possibility of repayments and all, could this possibly be a good deal for the buyer?




apc3161

I stopped buying notes on folio with any markup. The frequency of pre-payments was just too high, especially since LC likes to poach their own borrowers with refinance offers.

Rhonda9080

Lucky you! As a buyer, my experience with secondary market has been good (23+ % returns on folio notes!!!) but I wish I could increase my sales of non-seasoned notes. I'm getting mediocre sales at abt 2.50 markup - but these are my falling credit or unseasoned notes so maybe I should be content? 

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