tag:blogger.com,1999:blog-8112482643541229498.post5964993532088435401..comments2022-02-06T08:05:40.498-06:00Comments on Lending Club Experience: One Year of Lending Club: The (Getting) Ins and (Getting) Outs of Lending ClubMarchttp://www.blogger.com/profile/09771303240662270613noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-8112482643541229498.post-80473012959967932472014-01-02T07:36:29.207-06:002014-01-02T07:36:29.207-06:00Just recently started my Lending Club account, so ...Just recently started my Lending Club account, so far I have liked it, just like you I've taken quite the risk. With my first time investing in Lending Club, purchased first notes around the 31st of December, the risks I have accrued range between the D-G, with a greater emphasis on F and G.<br /><br />I took the time to read, and check up on the credit reports that is offered. I'm quite confident about my choices in bonds. I hope to see it grow soon ;).<br /><br />Have you returned to Lending Club yet?Luis Rosaleshttps://www.blogger.com/profile/04535781865684235264noreply@blogger.comtag:blogger.com,1999:blog-8112482643541229498.post-73554362780006522432013-06-25T08:47:16.979-05:002013-06-25T08:47:16.979-05:00Took me time to read all the comments, but I reall...Took me time to read all the comments, but I really enjoyed the article. It proved to be Very helpful to me and I am sure to all the commenters here! It’s always nice when you can not only be informed, but also entertained! <a href="http://www.a10capital.com/lending/commercial-real-estate-financing" rel="nofollow">Lender</a><br /><br />Anonymoushttps://www.blogger.com/profile/09988824537426226265noreply@blogger.comtag:blogger.com,1999:blog-8112482643541229498.post-6013651229900326512013-04-14T04:53:23.540-05:002013-04-14T04:53:23.540-05:00I realize this is an older blog...but just wonderi...I realize this is an older blog...but just wondering if anyone can answer this. Marc Page says "If there is a collection log, it gets sold (before it can become a grace period note). <br /><br />What does it mean, then, if there is not a collection log yet, but it is still labeled as "In Grace Period". How does that happen. It also says payment is "scheduled". What does that mean exactly?labellavidahttps://www.blogger.com/profile/04897861747877419091noreply@blogger.comtag:blogger.com,1999:blog-8112482643541229498.post-59517357360259901452012-09-20T09:22:29.456-05:002012-09-20T09:22:29.456-05:00I really like the Chrome tool, but for some reason...I really like the Chrome tool, but for some reason I can't seem to get the MARKUP or YIELD TO MATURITY boxes logic to work. Can anyone enlighten me as to how the values are to be entered into the left to boxes and how the negative amounts are entered with the parentheses?<br /><br />Jim, Sturbridge, MAJimhttps://www.blogger.com/profile/02100255261906506509noreply@blogger.comtag:blogger.com,1999:blog-8112482643541229498.post-92003541834068907072012-07-30T20:09:58.231-05:002012-07-30T20:09:58.231-05:00@J@tin,
What I do is have a spreadsheet that has...@J@tin, <br /><br />What I do is have a spreadsheet that has a row for each month and a column for total deposited/withdrawn. I then calculate what interest rate a bank would give to get the total I have now (APR, but compounded monthly).<br /><br />I'll be back. The plan is to rewrite the plugin to calculate returns for you, be able to export all kinds of information, and have deeper analysis when buying Notes. <br /><br />Thanks for the encouragement. Happy investing.Marchttps://www.blogger.com/profile/09771303240662270613noreply@blogger.comtag:blogger.com,1999:blog-8112482643541229498.post-39052905314228630332012-07-30T18:17:17.858-05:002012-07-30T18:17:17.858-05:00Hi Marc, you have an invaluable blog. Hope you can...Hi Marc, you have an invaluable blog. Hope you can keep posting. <br /><br />I had a question. If the Net Annualized Return is pretty much meaningless, how do you actually know what kind of return you are getting?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8112482643541229498.post-1209238994114859272012-07-25T13:47:03.671-05:002012-07-25T13:47:03.671-05:00Two months and 10 days to shed about 300 Notes.Two months and 10 days to shed about 300 Notes.Marchttps://www.blogger.com/profile/09771303240662270613noreply@blogger.comtag:blogger.com,1999:blog-8112482643541229498.post-18327057317507678612012-07-24T19:12:10.867-05:002012-07-24T19:12:10.867-05:00Apparently 0.4% markup is the magic number (or som...Apparently 0.4% markup is the magic number (or somewhere between 0.4% and 0.8%). When I dropped my markup from 0.9% to 0.4% Notes started selling like hotcakes. I dropped from 50 to 2 Notes left in less than a week.Marchttps://www.blogger.com/profile/09771303240662270613noreply@blogger.comtag:blogger.com,1999:blog-8112482643541229498.post-50106531079448430952012-07-20T20:21:58.175-05:002012-07-20T20:21:58.175-05:00Thanks Marc. I was afraid you'd say that. That...Thanks Marc. I was afraid you'd say that. That's an insanely tedious daily process. I'll have to think about it some more, but at this stage, I'm not sure it's worth the time it takes.Frankie Chttps://www.blogger.com/profile/09942366445765976077noreply@blogger.comtag:blogger.com,1999:blog-8112482643541229498.post-22110053534799546782012-07-20T15:36:15.053-05:002012-07-20T15:36:15.053-05:00@Frankie C,
I check daily the Notes that are pend...@Frankie C,<br /><br />I check daily the Notes that are pending payment (next payment date is earlier than today) and open each Note in a separate tab. I then go through the tabs looking for collection logs. If there is a collection log, it gets sold (before it can become a Grace Period Note).Marchttps://www.blogger.com/profile/09771303240662270613noreply@blogger.comtag:blogger.com,1999:blog-8112482643541229498.post-64379823401532000302012-07-20T11:07:37.992-05:002012-07-20T11:07:37.992-05:00I've enjoyed your blog since I got into LC at ...I've enjoyed your blog since I got into LC at the beginning of the year. You have been one of the best resources related to the secondary market. Thank you.<br /><br />How do I "Learn how to find Pre-Grace Period status of Notes"?<br /><br />I've been struggling with the whole Grace Period thing. If I log in to LC today, I can't figure out what loans where in GP last week for a few days. Browsing or downloading my list of notes doesn't seem to indicate that historical tidbit. Did you figure that out? Or are you simply logging in every day and keeping your own manual GP list?<br /><br />Thank youFrankie Chttps://www.blogger.com/profile/09942366445765976077noreply@blogger.comtag:blogger.com,1999:blog-8112482643541229498.post-3395000455874529472012-07-17T09:41:47.638-05:002012-07-17T09:41:47.638-05:00Thanks, Peter. And thank you for all you do fro P2...Thanks, Peter. And thank you for all you do fro P2P lending.Marchttps://www.blogger.com/profile/09771303240662270613noreply@blogger.comtag:blogger.com,1999:blog-8112482643541229498.post-74791545118668054632012-07-17T08:44:05.621-05:002012-07-17T08:44:05.621-05:00Hi Marc, Sorry to see you go, I certainly hope you...Hi Marc, Sorry to see you go, I certainly hope you will come back to p2p lending one day. I appreciate all the work you have done in shining a light on the secondary market. Also, your Chrome plugin is great, I still mention that to people looking for help in buying notes on Folio. <br /><br />Thanks for the mentions. Best of luck to you and hope to see you back some time soon.Peter Rentonhttps://www.blogger.com/profile/03115772996877389590noreply@blogger.com