Lend Academy Network Forum
Lending Club Discussion => Investors - LC => Topic started by: Rob L on July 29, 2019, 06:31:05 PM
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Decided to take a look at my LC account, holdings details.
Under Charged Off there's another status "Cancelled and Cancelling".
Maybe it's been there for years but I don't recall seeing it before.
Is it a new thing or just something I never just noticed before?
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Cool. Its new to me. For a long time, cancelled notes were handled in a very confusing way. They just "disappeared" from the UI. Sounds like they finally fixed that.
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Noticed that just the other day as well. I haven't seen a number in their yet but don't necessarily want to see one.
(https://i.imgur.com/3971fvV.jpg)
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And the ? bubble gives no answer as well compared to the other categories.
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I also have a 0 in that category, and I've certainly had loans cancelled in the past. I suspect that the number means how many were cancelled since the day they stopped just making cancelled notes disappear. Future cancelled notes will stay in the total.