Author Topic: NSR buying criteria  (Read 9781 times)

justice42

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NSR buying criteria
« on: November 08, 2016, 11:01:51 AM »
I just recently turned my portfolio over to the folks at NSR.

1. Do they always invest in $25 increments? So far every note they've invested for me (18 of them) had been of $25. I'm worried as my portfolio grows, at some point they can't invest it faster than it's coming in, they have to increase the invested amounts right?

2. Do they ever buy notes off folio for you? They will help you sell them, seems like they they would have criteria for buying notes of folio as well. Just wondering.


Zach

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Re: NSR buying criteria
« Reply #1 on: November 12, 2016, 05:28:13 PM »
n.b. The NSR Invest team checks this forum periodically to respond to questions, but the fastest way to get a response is to contact us by using the messenger on our website or calling us.

Glad that you recently signed up for our Fully-Managed service. We will automatically adjust the bid or note size for Fully-Managed accounts. The system targets 1,000 unique loans per account to achieve optimal diversification.

For example, here are common bid sizes based on your account value:

$0-$49,999                    Bid Size: $25
$50,000-$74,999           Bid Size: $50
$75,000-$99,999           Bid Size: $75

Please note, Prosper accounts may start at a $50 bid size due to limited loan availability.

At present the Fully-Managed service does not trade on the secondary market. However, we do offer secondary market functionality with a Self-Directed account.

justice42

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Re: NSR buying criteria
« Reply #2 on: November 14, 2016, 09:56:53 AM »
Just what I wanted to know. Thanks!