Comments on: Lending Club – Adding Investor Comparisons and Pushing PRIME

By: Peer to Peer Lending News Roundup – December 7, 2013 | Business News | Finance News | Stock News | Real Estate News | Auto News

Thu, 23 Jan 2014 23:37:17 +0000

[…] Lending Club – Adding Investor Comparisons and Pushing PRIME from Write Your Own Reality – Another look at the changes on Lending Club this week. […]

By: Peer to Peer Lending News Roundup – December 7, 2013 | Business News | Finance News | Stock News | Real Estate News | Auto News

Tue, 14 Jan 2014 19:35:00 +0000

[…] Lending Club – Adding Investor Comparisons and Pushing PRIME from Write Your Own Reality – Another look at the changes on Lending Club this week. […]

By: writing2reality

writing2reality — Tue, 17 Dec 2013 21:30:55 +0000

Definitely a fun comparison tool, especially for folks who don’t trade their notes and have invested directly. The NAR dropping is pretty standard over time as the notes age, so I wouldn’t worry about that. Nor would I worry about some loans sitting in funding status. Simply a workflow cycle issue for Lending Club at times.

I’m really looking forward to tracking your continued progress with Lending Club. Thanks for stopping by!

By: writing2reality

writing2reality — Tue, 17 Dec 2013 21:28:10 +0000

I will absolutely be sharing it like I shared my original criteria. My plan is to post this sometime in the new year.

By: Mr. 1500

Mr. 1500 — Wed, 11 Dec 2013 14:12:07 +0000

“…but have simplified my investment criteria a bit to help find good notes.”

Will you be posting on this? Would love to see it.

By: writing2reality

writing2reality — Sun, 08 Dec 2013 17:42:48 +0000

I am digging them as well Mr. 1500! And thanks you1 My Roth account is still very young, so the true test will occur over the next year as it continues to age and that initial $10,000 investment continues to mature.

Unfortunately I do not think PRIME will be able to compete with the API investors, but we shall see once more information comes out on how they’ve revamped the service. If it proves truly customizable, then it might be worth considering.

As of right now I am not using any automated investment tools, but have simplified my investment criteria a bit to help find good notes. If I were to utilize an automated service at this point, it would be for Prosper, as as I am having more trouble finding available notes for selection there.

Thanks for stopping by!

By: writing2reality

writing2reality — Sun, 08 Dec 2013 17:38:48 +0000

moneycone, I would encourage you to continue to check it out and see if it makes sense for you and your portfolio. I have truly enjoyed investing over the past four years and the returns have been tremendously consistent.

By: Lending Club – Adding Investor Comparison...

Lending Club – Adding Investor Comparison... — Sat, 07 Dec 2013 23:40:44 +0000

[…] RT @LendAcademy: Lending Club – Adding Investor Comparisons and Pushing Prime – http://t.co/pF5Ruk61mw via @writing2reality #p2plending […]

By: Peer to Peer Lending News Roundup – December 7, 2013

Peer to Peer Lending News Roundup – December 7, 2013 — Sat, 07 Dec 2013 13:34:35 +0000

[…] Lending Club – Adding Investor Comparisons and Pushing PRIME from Write Your Own Reality – Another look at the changes on Lending Club this week. […]

By: CI

CI — Sat, 07 Dec 2013 04:50:46 +0000

The new comparison tool is pretty fun, I just checked it out. I also seem to be an outlier, in a good way, but my NAR is slowly dropping as the months go by. Recently I’ve had a rash of loans hanging out in funding status and never actually issued. Annoying!