Hi PP, I'm a bit late to the party here as I'd pretty well given up LC as they never seem to have loans available when I log in.
Sounds like you have the solution and I was wondering how I can join the club.
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Hi PP, I'm a bit late to the party here as I'd pretty well given up LC as they never seem to have loans available when I log in.
Sounds like you have the solution and I was wondering how I can join the club.
Thanks for that, Whitt. I actually got a message from PP with the instructions too. Much appreciated.
Ha ha... Now many of us are Provance users... We eagerly await the next LC Loan to appear and be notified.... BUT a very quiet new Loan weekend again @ LC!!
Hi PennyPicker
I Do appreciate the time involved and look forward to seeing your Harmoney heads up txts as well.
I'm happy to donate a little to go towards your time involved in putting this together.
Please let me know how this donation can be actioned/achieved!
Hi PennyPicker,
I would be happy to donate a little as well for your hard work and excellent service. I would say put up a donation link on your website. Awaiting to hear from you. Thanks!
Two loans paid off today making it 10 out of 71. I have been transferring funds as they come due from Harmoney to LC now for a month or so and am finding that I cannot invest enough in to LC to keep all funds invested. This is even as I am doubling the amount in each loan compared to Harmoney.
Your "Paid Off' rate is very high @ almost 15%....
I was also in those 2 Loans repaid overnight.
My 'Paid Off rate is still tracking @ 10% with LC
We have no control over Borrowers repaying early - we just have to accept this as part of P2P Lending as an Investor!
By the way - Give me a 'Paid Off' loan over a Default any day!! :)
mine is exactly 15%. 9 paid off from 60 loans. Only started in January this year. I rather like early repayments - it means that should we need the money, we do not have to wait 3 to 5 years! Amount invested is increasing but still a small fraction of what I invested in Harmoney.
Correction!!! I had added the two recent paid-offs when they were already in the calculations. So my revised figures are more in line with others. ie. 8 paid off out of 69 loans. So that's no so bad, and I agree that pay-offs are ok as far as withdrawing funds go, especially as I have twice as much in Harmoney as LC so it should not take too long to even the investments out. And that is my goal in the meantime.