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Messages - investny

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1
Anyone got/heard any updates on this situation. Or should we just all forget about LC?

2
Investors - LC / Re: LC new interest rates July 2019
« on: August 07, 2019, 05:46:58 PM »
"effective August 6, 2019, we are increasing rates for Grade D by on average, 50 basis points."
got an email yesteday

3
Investors - LC / Re: LC loan quality shift April 2019
« on: August 07, 2019, 05:43:20 PM »
I noticed a huge drop in number of fractional notes back in October.
It's been pretty bad until second half of July when they made more fractional notes available.
Below graph from Peercube proves what i have been seeing in my account
http://prntscr.com/oprhit

4
General Discussion / Anyone looked into Cadre?
« on: August 07, 2019, 05:38:25 PM »
Any good bad info about Cadre? I know they had some issues with reporting in the past.

5
Investors - LC / Re: Is LC no longer interested in retail investors?
« on: March 18, 2019, 02:56:30 PM »
Anil,

Are your referring to this?
http://prntscr.com/mzmraa

August was fine. September was 1 off month either because LC did something or people decided to put money in stock market while it was at all time high.

Until October 1 i was able to fully reinvest all the interest and repayments that i was getting. I did not change my filters as i do not want to take additional risk. Since October i can barely pick up 2-3 notes a day. Right now i keep accumulating cash balance even though amount invested is smaller than before. Cash balance got to a point where im planning to move it off LC.

6
Investors - LC / Re: Is LC no longer interested in retail investors?
« on: March 18, 2019, 03:03:19 AM »
Looks like the retail loan volume so far this year is just as low as Q4 of last year.
http://prntscr.com/mzbwx3

From https://www.peercube.com/histperf/available_loans/lc

7
Investors - LC / Re: Is LC no longer interested in retail investors?
« on: January 01, 2019, 10:26:15 PM »
December retail volume was as low as November's.
Doubt anything will improve in 2019

https://www.peercube.com/histperf/available_loans/lc

8
Investors - LC / Re: Is LC no longer interested in retail investors?
« on: November 28, 2018, 01:26:10 PM »

9
Investors - LC / Re: Is LC no longer interested in retail investors?
« on: November 13, 2018, 05:58:55 PM »
Who do we write or call?

investing@lendingclub.com

10
Investors - LC / Re: Is LC no longer interested in retail investors?
« on: November 08, 2018, 10:27:18 PM »
New loans in October are 1/2 of September and about 1/3 of July August volume :(
Looks like November will be even less than October.
Is LC giving all of us a hint?

11
General P2P Lending Discussion / Any feedback on Yieldstreet
« on: October 30, 2018, 10:05:00 PM »
Did anyone look into Yieldstreet?
They definitely have an interesting investment mix.

12
LendingRobot / Re: Lending Robot NSR Invest merger
« on: October 30, 2018, 09:56:46 PM »
Any updates on this?

Also, was there any algorithm change on October 1? My filters that worked ok for 14 months are now barely picking up any notes.

13
Investors - LC / LC refunds for charged off loans
« on: October 30, 2018, 09:54:17 PM »
Was anyone able to get LC to refund some of their investment that was charged off based on the fact that the borrower defaulted after making 0-2 payments or maybe some other criteria?

Did you email their general support email or had to go through manager/supervisor?
Feel free to PM me.

14
Investors - LC / Re: Is LC no longer interested in retail investors?
« on: October 30, 2018, 09:43:56 PM »
I'm actually using 3rd party automated tool to pick loans.
The volume of notes that the tool is able to select decreased drastically on October 1 and still did not improve.

Not sure if overall volume of LC loans available to individual investors has decreased or my filters are too tight for current LC notes. Given that overall interest rates for safe investments (money market, 12-18 months CD) have increased from around 1.5% a year ago to close to 2.7+% right now, LC's interest rates have not kept up to justify additional risk.

Given above, LC definitely needs to come up with some sort of money market account of idle cash similar to what Peter described in today's article.

https://www.lendacademy.com/the-future-of-idle-cash-held-at-marketplace-lending-platforms/

15
Investors - LC / Re: Is LC no longer interested in retail investors?
« on: October 15, 2018, 11:28:43 PM »
I noticed that starting October 1 the number of LC loans that match my filters dropped by 80-90%. At first i thought that this happened because LC pulled most loans into end of September to hit their Q3 numbers. But its been 2 weeks and the volume did not pick up.

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