Originally Posted by
Entrep
Thanks both and especially Myles, that is very helpful! One last thing - if I wanted to get say $20K invested into the platform fairly quickly (say over the course of a month or two), and used similar auto-lending like you have above - is that realistic without being completely reckless? How many notes would you go for each loan? OR, do most people set up some sort of direct debit system so that they don't have too much sitting idle in Harmoney's system?
I have to say that Harmoney's system seems a lot more complex. Squirrel there is zero loan flow so I have stopped even checking that. LendingCrowd I am having great success getting funds invested (about $5K per week at about $500 per loan).