Poll

What TERM loan do you invest in?

36-month only
17 (30.4%)
A mixture, but prefer 36-month
22 (39.3%)
A mixture, but prefer 60-month
6 (10.7%)
60-month only
0 (0%)
It doesn't matter
11 (19.6%)

Total Members Voted: 56

Author Topic: What TERM loan do you invest in?  (Read 24306 times)

Small Fish Big Pond

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Re: What TERM loan do you invest in?
« Reply #45 on: March 17, 2016, 05:19:34 PM »
I set up filters at lending robot.  Thought I had it set up right, was sorely mistaken.  Sitting on 60 notes at 36 months of A and B.  Guess if any consolation, they were free and should be fairly safe.  :(
So will just hand pick my notes from now on, as too skiddish to make the same mistake again.

I understand, I use BV and it's very user friendly and have been very happy. It sounds like you are not doing a lot of note purchases so doing your own screening will probably work out fine. I am currently sitting on 2100 notes and could never look at that many listings, set it and forget it with BV.

fliphusker

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Re: What TERM loan do you invest in?
« Reply #46 on: March 17, 2016, 05:40:44 PM »
Ya, if I was dealing with the large quantity of notes that you are, my filters would have to change dramatically just to reduce cash lag.  Plus controlling that kind of cash flow, would be a must to auto select.
I am pretty excited though to see my first payment to be made on the 1st.  (Knock on wood). 
I will check out BV though, in case I become I high roller.  :P

Small Fish Big Pond

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Re: What TERM loan do you invest in?
« Reply #47 on: March 17, 2016, 05:53:44 PM »
Welcome to P2P lending, now sit back and watch that account grow!!!!