Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.

Messages - t_b_o_t

Pages: [1]
Investors - P / Re: Is Prosper Folio Investing Back On?
« on: March 02, 2021, 10:55:17 AM »
I'm wondering the same thing.  The link works for me and it lets me fill out a form to apply to be a trader.  I'm assuming it's just legacy code they never bothered to take down.

Investors - P / Re: Expect Increased Supply of Notes
« on: March 02, 2021, 10:52:25 AM »
Not today "No listings were found based on your search criteria at this time."

That was with the default filter set.

I'm seeing this too today.  Haven't checked listings in months.  I'm wondering if this is the new normal on Prosper now or if something else is going on?

EDIT: I just looked right after about 9am PST and saw about 35 notes listed.  I guess they list notes at 9am + 3pm PST M-F and 11 or noon PST Saturday/Sunday

Investors - LC / Re: RIP Lendingclub Notes
« on: October 07, 2020, 10:54:01 AM »
But ummm... what the heck is left of LendingClub without the notes platform?

Yeah, came here wondering the same thing...

Foliofn - LC / Re: Folio ending August 28th.
« on: August 28, 2020, 12:24:24 PM »
Suggest you call them and engage.  Maybe you'll get further than I did.

I sent their support an email a few days ago and never heard back.  Do you happen to have a different contact there that was more responsive?  You can PM me if you don't want to post publicly.  I remember a long time ago (4-5 years ago), someone from LC would call to "check in" every 6 months or so and it would annoy me because I had nothing to ask of them.  Oh how I wish they would call me now.

Foliofn - LC / Re: Folio ending August 28th.
« on: August 26, 2020, 12:37:39 AM »
LC does have a secondary market.  It is for "institutions only".  They told me I'd have to form an LLC to go further.  I found this would cost me a lot of money.  State of CA has a fee to form an LLC and an annual tax, and I'd have to pay an accountant to make another tax return every year.  I figured a few thousand a year.  I did not proceed.

Interesting.  But the average Joe can't buy or sell notes on there - so it's just institutions trading?  I wonder if you'd still be able to find killer deals on terribly mis-priced notes.

Foliofn - LC / Re: Goldman to buy Folio
« on: August 22, 2020, 12:53:42 PM »
Maybe Goldman could have made Folio legit but instead they shut it down.

Yeah, this really, really blows.  I'm not hopeful that they'll start it back up again.

Foliofn - LC / Re: Folio ending August 28th.
« on: August 22, 2020, 12:51:10 PM »
This absolutely sucks.  Invested a lot of time and money building out a note buying algo and was finally just starting to turn profitable.  What a disappointment. 

Investors - P / Prosper IRA: Issues with Millennium Trust custodian
« on: June 29, 2020, 11:17:50 AM »
Anyone else using Millennium Trust as their custodian?  I didn't pick them, it just seemed they were "assigned" to me when I signed up for the Prosper IRA 2 months ago.

In the last 2 months, I've been trying to get them to transfer funds into my new Prosper IRA account, to no avail.  Most of my emails go ignored.  I'm now reaching out to Prosper and here to see if there's any alternatives to Millennium Trust for the custodian of a Prosper IRA.

Pages: [1]