Lend Academy Network Forum

Lending Club Discussion => Investors - LC => Topic started by: avid investor on November 27, 2013, 02:32:06 PM

Title: LC - My Notes Download - Can We Get Fees Paid?
Post by: avid investor on November 27, 2013, 02:32:06 PM
As far as I can see, we get "PaymentsReceivedToDate" and "PrincipalRemaining".  From that, we can subtract to get interest paid to date, but what about the fees paid to Lending Club?  Guess they don't want us to see that, huh?  No matter how hard I try, I can't back into their NAR from the data provided in the notes download.  Anyone get past that?
Title: Re: LC - My Notes Download - Can We Get Fees Paid?
Post by: Bohb Daishi on December 02, 2013, 04:32:47 AM
As far as I can see, we get "PaymentsReceivedToDate" and "PrincipalRemaining".  From that, we can subtract to get interest paid to date, but what about the fees paid to Lending Club?  Guess they don't want us to see that, huh?  No matter how hard I try, I can't back into their NAR from the data provided in the notes download.  Anyone get past that?

Payments received include principal, interest, and any fees paid to investors. So accounting for principal remaining, that means your "interest" calculation is technically interest + fees.