Author Topic: Cancelled and Cancelling  (Read 3637 times)

Rob L

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Cancelled and Cancelling
« on: July 29, 2019, 06:31:05 PM »
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?

Fred93

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Re: Cancelled and Cancelling
« Reply #1 on: July 29, 2019, 09:24:41 PM »
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.

lascott

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Re: Cancelled and Cancelling
« Reply #2 on: July 29, 2019, 11:10:24 PM »
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.

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Debt Free

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Re: Cancelled and Cancelling
« Reply #3 on: July 30, 2019, 05:17:37 AM »
And the ? bubble gives no answer as well compared to the other categories.

Fred93

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Re: Cancelled and Cancelling
« Reply #4 on: July 30, 2019, 03:02:25 PM »
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.