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Investors - LC / Re: Review of my lending club account
« Last post by JimGasperini on May 07, 2020, 04:30:35 PM »
Hello, JDII--

I notice that your NAR has risen by almost a percentage point over the last couple months, despite the dramatic downturn in the economy. As noted in another thread, this discrepancy can likely be explained by the fact that LC continues to class as Current many notes that are actually no longer being paid.

Have you checked to see how many of your "Current" notes are on Hardship Plan?
Off Topic / Re: Trading CFDs
« Last post by hademarqvce on May 07, 2020, 04:15:07 PM »
My friend started trading CFDs a month ago, but I don't know how successful yet. As I know, this is a more complex area of trading, so you need certain skills to trade well
Investors - LC / Re: LC Picks New Year Sale
« Last post by JDII on May 07, 2020, 10:01:39 AM »
I have updated the thread regarding my returns:,5166.0.html

I use LC Picks exclusively as my tool to decide on which loans to invest in.
Off Topic / Trading CFDs
« Last post by henrywilson on May 07, 2020, 09:39:18 AM »
Contract per difference, someone involved into trading them? I've been trading currencies for a few months and now I want to take it one step further. Should I? Or should I stop to currencies? ???
The stock market response to earnings announcement as of 1pm; new lifetime low:

Edit: Replaced chart with smaller size. Now through end of week after earnings announcement.
The quarterly earnings call slide deck has been posted at . 

11% of loans in hardship plans.  93% of those were current when they enrolled.

Loan volumes Q2 expected to be down approximately 90% relative to Q1, reflecting current economic environment

Investors - P / Prosper's Hardship Plans
« Last post by YoungFred on May 04, 2020, 12:49:55 PM »
Hello all,

I noticed in my Prosper Monthly Statement for April that a dozen or so loans are listed as being current, in spite of having skipped their monthly payment for April.

Although Prosper did indeed note that they would be instituting hardship plans (as a result of COVID-19), I have yet to find a way of determining which loans have opted in to said hardship plans, other than studying the monthly statement.

Any ideas?
Investors - LC / Re: Review of my lending club account
« Last post by JDII on May 03, 2020, 02:37:52 PM »
Had some issues with my email and had to create a new account.  The previous thread is located:,4828.0.html

A lot of you guys on here were very kind answering my questions prior to me signing up with Lending Club.  I'll try to give an update monthly or so.

I started buying loans on 09-14-17 and I've been adding several to my account weekly.

Update as of 05.03.20

My Notes at-a-Glance         773

Not Yet Issued                     4
Issued & Current                  568
In Grace Period                    3
Fully Paid                            156
Late 16-30                          0
Late 31-120 Days                5
Default                               0
Charged Off                        36
Canceled                            1

Adjusted Net Annualized Return      6.98%
Net Annualized Return                   11.74%
Weighted Average Age of Portfolio  15.5 months

My notes by grade are:

A  19.10%
B  62.20%
C  13.10%
D  4.40%
E   1.20%

I've been using LC picks (see other threads in the forum about them if you are unfamiliar) in order to pick which loans to invest in. My LC picks ranking is 67.2/82.

Thanks again for all who helped out in the past.
Off Topic / Re: How to write interesting texts?
« Last post by nonattender on April 30, 2020, 10:36:07 AM »
My turn-ons include:

- people who know the difference between "literally" and "figuratively" (and don't use literally to mean figuratively)

- people who answer their phones and can have a conversation without needing to resort to flat two-dimensionality

- people who retain some sense of their own humanity and do not believe that they're just an algorithm or formula

- revisiting my old hobby forums to gad about and see what happens with loan performance / underwriting models
Off Topic / How to write interesting texts?
« Last post by bosurinko on April 30, 2020, 09:55:22 AM »
What's the only formula for writing interesting texts? What gets your interest when reading?
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