My second lending club late has infected my account. It was a small loan to a super clean borrower… These loan are not the one that typically go late. I have high hopes that it will cure…
Chech out these stats.
| FICO Range: | 714+ |
|---|---|
| Earliest Credit Line | 11/2000 |
| Open Credit Lines | 6 |
| Total Credit Lines | 7 |
| Revolving Credit Balance | $4,500.00 |
| Revolving Line Utilization | 13.00% |
| Inquiries in the Last 6 Months | 0 |
| Accounts Now Delinquent | 0 |
|---|---|
| Delinquent Amount | $0.00 |
| Delinquencies (Last 2 yrs) | 0 |
| Months Since Last Delinquency | 0 |
| Public Records On File | 0 |
| Months Since Last Record | 0 |
Clean as a whitsle…
Much has been made of the Prosper collections (or lack thereof until the hiring of Doug Fuller). I wonder… will Lending Club’s collections be any better? I hope so, but only time will tell. I will be sure to keep my readers informed.
Update… I just logged into my LC account and this loan is back to current…
If you would like to try Lending Club I suggest you sign up with a referral link. You will receive $25 signup bonus ($50 if you deposit $1000 or more), which covers your 1st (or first 2) defaulted borrowers. Here is a referral link to sign up and receive the $25 bonus: Signup via this link and receive a $25 startup bonus.
Cheers.
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2 comments ↓
Are there stat sites for lending club like there are for Prosper?
Do they publish the results of their collection agency so that a comparison could even be made?
http://www.lendingclubstats.com
is run by Eric of EricCC.
As far as I know LC does not publish collection agency information or even state that they use one… It might be all in house. Anyone know???
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