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71
Off Topic / Re: Cash Parking
« Last post by lascott on January 21, 2020, 09:49:16 PM »
Does anyone use a Kasasa free reward checking account? TAB bank has one of these that offers 4.0% APY on up to $50k. The catch is that you must make at lest 15 debit card purchases per month or the interest rate drops to 0.25%. Other banks have similar Kasasa accounts with lower APR, lower max deposit and fewer required debit card purchases.

https://www.depositaccounts.com/banks/tab-bank.html
https://www.tabbank.com/kasasa-cash-checking/

I'm so fed up with Wells Fargo I decided to look into checking accounts and discovered these things. I'll probably give the TAB Bank account a try.
Looks legit.  Looks like there are a couple requirements tho. See graphic below.

I currently use Ally online savings (1.6% down from highest of 2.2% I think). Everything I've done with them has been smooth and their interaction with my brick&mortor longtime bank is quick.  I've been looking into a better location for 'bucket 1' retirement money recently. I haven't see where it would be worth the hassle tho. (Recently looking at: VWSTX Vanguard Short-Term Tax-Exempt Fund & VWITX Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares)

Via: https://smartasset.com/checking-account/tab-bank-banking-review
72
General Discussion / Re: List of US P2P Real Estate (Crowdfunding) Platforms
« Last post by johnhazelwood on January 21, 2020, 11:37:35 AM »
Thank you for this list
It would be nice to have also your own opinion about this platforms!
73
Borrowers - LC / Re: Documentation advice?
« Last post by mbboynton on January 21, 2020, 09:50:22 AM »
Thanks guys
74
Borrowers - LC / Re: Documentation advice?
« Last post by AnilG on January 21, 2020, 04:15:44 AM »
Currently, I donít think LC or other lenders use tax return to decide whether to issue loan or not. Competition is too much to decline borrowers right now. The request for tax return document is just extra data capture to use as training data to improve credit models in the future.
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Borrowers - LC / Re: Documentation advice?
« Last post by Fred93 on January 21, 2020, 01:27:41 AM »
Just send them what they asked for and find out.
76
Borrowers - LC / Documentation advice?
« Last post by mbboynton on January 20, 2020, 09:28:59 PM »
I've applied for a loan with LC to consolidate debt that accumulated after a major medical event in 2018 which wrecked my year financially, however, after my recovery I've been gainfully working as an IT contractor and had a great year in 2019 and 2020 is looking strong.  Since this is first of 2020, I don't have 2019 tax returns yet and I've not received my 1099's.   LC wants the last tax return which is 2018, I"m concerned they will not fund my loan due to the financial results of that year.  Looking for advice on how they will likely respond and what I might be able to do to help secure the loan, which will be part of a plan i have to work out of the debt that accrued during 2018.
77
Foliofn - LC / Re: Getting data for one's own sold notes
« Last post by mark78 on January 20, 2020, 04:18:26 PM »
Yes, the traded notes csv is exactly what I need. Don't know how I missed it. Thanks.
78
Foliofn - LC / Re: NOTE_NOT_AVAILABLE
« Last post by jrl on January 20, 2020, 12:36:56 PM »
Strange, I've only seen the "Cancelled, Payment Processing" on my end, though I don't use the API. I have eliminated most of those by adding a "days since last payment" parameter of less than 30 to my filters.

I buy my notes manually from filters on NSR. Which is basically just API data with an interface.

I did have a few occasions where a note failed, but in the few cases (so far) it was because the price changed before I completed the order. I just look for the note again and usually find it with a lower price.

If I had to guess, "NOTE_NOT_AVAILABLE" probably means someone already bought the note (or added it to an order). "NOTE_DATA_STALE" probably means that the price has changed, so you need to find the new order_id.

Other than that, I would imagine that high-quality in-demand notes involve a bit of a speed game, just like on the primary platform. Might have to get like HFT traders and run your bots as geographically close to LC's servers as possible. (With the same ISP as well, preferably in the same colocation center)
79
Foliofn - LC / Re: Getting data for one's own sold notes
« Last post by Fred93 on January 20, 2020, 06:52:02 AM »
On the LC web site, go to the HOLDINGS page, then select NOTES.  At the bottom of the 1st page, there are two little links that download spreadsheets. 

Does one of these provide the information you are looking for?
80
Foliofn - LC / Getting data for one's own sold notes
« Last post by mark78 on January 20, 2020, 03:08:39 AM »
I know price models have been discussed before, for example:

https://forum.lendacademy.com/index.php/topic,21586.0.html
https://forum.lendacademy.com/index.php/topic,4824.0.html
https://forum.lendacademy.com/index.php/topic,4849.0.html

And as Fred93 said at https://forum.lendacademy.com/index.php?topic=4455.0:
"
There's no reporting of transaction prices on Folio, so you have to discover for yourself what prices buyers will pay.

The fact that there is no transaction price data on the folio Marketplace is one of its greatest failings IMHO.  Whoever heard of a market with no historical price information?
"

I have sold enough notes that I could discover for myself what prices buyers will pay. But that involves a lot of clicking- My Account, Sold This Month, click on current, and write down the details. Is there not an API to get your sold notes, including the grade, interest rate, payments made, etc? Or a way to download it?
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