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  1. #1

    Peer to Peer lending

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    Last edited by Snickers89; 12-21-2016 at 09:29 AM.

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  3. Stocks/Investments Moderator boneil's Avatar
    Join Date
    Jul 2010
    Location
    Aberdeen, MD
    Posts
    6,672
    #2
    No, but like you, the ads I have heard on the radio are rather interesting. Never looked into it though.
    Knowledge is the Kryptonite of Liberalism

  4. Member
    Join Date
    Jan 2008
    Location
    Middleburg
    Posts
    147
    #3
    January will be 2 years I have been with Lending Club, have had a few notes charge off but I am still making almost 9% Net Return.

  5. #4
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    Last edited by Snickers89; 12-21-2016 at 09:29 AM.

  6. Member
    Join Date
    Jan 2008
    Location
    Middleburg
    Posts
    147
    #5
    I was just looking at that, the majority of them were E and F ratings with one C and one B. I am very well diversified between A-F

  7. Member TheBoo's Avatar
    Join Date
    Aug 2014
    Location
    Southeastern Louisiana
    Posts
    336
    #6
    I had a B rated note charge off. I won't do it again. Feel more confident with my money well placed mutual funds and bonds.

  8. Member
    Join Date
    May 2012
    Location
    Midland, Michigan
    Posts
    1,217
    #7
    You should be able to easily gain 7% with minimal risk buying mutual funds.