Author Topic: Loan posted more than 1.5 days after submitted  (Read 2263 times)

pplinvestor

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Loan posted more than 1.5 days after submitted
« on: June 27, 2015, 09:12:48 PM »
Last couple days, I noticed there are no more notes submitted within 4 hrs before feeding time.  Instead note released to platform at 6:00pm on 6/27 are loans submitted on 6/26 6am.  Is LC doing more due diligence before releasing to the platform? 

HalfABubbleOff

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Re: Loan posted more than 1.5 days after submitted
« Reply #1 on: June 29, 2015, 10:36:02 AM »
Just a WAG on my part, but the market is saturatated with notes right now and any new notes would further dilute the money available among even more notes and risk even more notes either not funding or only partially funding.