Author Topic: Here's a new one for Log Entries.  (Read 2553 times)

New Jersey Guy

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Here's a new one for Log Entries.
« on: July 01, 2014, 12:26:33 AM »
Hey, at least he's being up-front and not making promises he won't keep.

6/25/14 (Wednesday)    Borrower contacted Lending Club and refuses to pay

https://www.lendingclub.com/foliofn/loanPerf.action?loan_id=5970124&order_id=21036610&note_id=26267180
Return over deposits:   66.82%
IRR:   86.54%
As of April 30, 2014

Joleran

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Re: Here's a new one for Log Entries.
« Reply #1 on: July 01, 2014, 03:33:06 AM »
Best status ever.  You can still sell it on Folio?

GS

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Re: Here's a new one for Log Entries.
« Reply #2 on: July 03, 2014, 10:05:23 PM »
It just got updated with:

Borrower promised to pay

LC must have sent Vinnie and Frankie over to his house to see if he'd have a change of heart.

Rob L

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Re: Here's a new one for Log Entries.
« Reply #3 on: July 04, 2014, 08:52:55 AM »
Classic!

rawraw

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Re: Here's a new one for Log Entries.
« Reply #4 on: July 04, 2014, 11:52:46 AM »
It just got updated with:

Borrower promised to pay

LC must have sent Vinnie and Frankie over to his house to see if he'd have a change of heart.
If he promises, he doesn't have to pay late fees.  That's probably all they told him

Rob L

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Re: Here's a new one for Log Entries.
« Reply #5 on: July 04, 2014, 12:50:15 PM »
And I was going to be looking for a Medical loan application from same member in the near future.
(I know, it would not be allowed) :)

lascott

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Re: Here's a new one for Log Entries.
« Reply #6 on: July 04, 2014, 06:53:58 PM »
It just got updated with:
Borrower promised to pay
LC must have sent Vinnie and Frankie over to his house to see if he'd have a change of heart.
Hopefully they were crystal clear on how it would show up on his credit file and what the impact could mean!
Tools I use: (main) BlueVestment: https://www.bluevestment.com/app/pricing + https://www.interestradar.com/ , (others) Lending Robot referral link: https://www.lendingrobot.com/ref/scott473/  & Peercube referral code: DFVA9Y