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  1. #931
    Member
    Join Date
    Aug 2015
    Posts
    183

    Default

    Lots of radios ads for LC last couple of days and lots of loans came online today also.
    Maybe the drought is broken and LC are ramping up

  2. #932
    Guru
    Join Date
    Aug 2012
    Posts
    4,659

    Default

    Quote Originally Posted by jallison View Post
    Rubbish to the average punter who can't access the website full-time Lending Crowd is absolutely useless
    Without an auto-invest feature, you certainly need to be prepared and able to respond to new loans instantly whenever you get a notification. Busy people do go to the back of the queue!

  3. #933
    Junior Member
    Join Date
    May 2016
    Posts
    25

    Default

    It is not just busy people,you really need a desk job

  4. #934
    Member
    Join Date
    Aug 2015
    Posts
    183

    Default

    Quote Originally Posted by Bjauck View Post
    Without an auto-invest feature, you certainly need to be prepared and able to respond to new loans instantly whenever you get a notification. Busy people do go to the back of the queue!
    I got 2 of the many yesterday in my lunch break just checking my emails on mobile phone

  5. #935
    Member
    Join Date
    Sep 2016
    Posts
    70

    Default

    LC is ON FIRE today. 4 loans already and 3 of them B-grade. It makes me wish I didn't put all my spare into the first B1 this morning.

  6. #936
    Member
    Join Date
    Feb 2015
    Posts
    309

    Default

    One of my recent investments has been returned to my account this afternoon with LN000-069-634 - Buy reversed. I wondered why my balance had jumped up

  7. #937
    Member
    Join Date
    Aug 2017
    Posts
    212

    Default

    Have been slowly building up LC loans, slow going.

    Not sure what to do with the Business Loans - with personal guarantee's. Normally avoid them in HM, what do you guys do here? Can't work out my loans to avoid strategy

  8. #938
    Senior Member
    Join Date
    Sep 2015
    Location
    Norf Eyelynd
    Posts
    834

    Default

    Quote Originally Posted by leesal View Post
    Have been slowly building up LC loans, slow going.

    Not sure what to do with the Business Loans - with personal guarantee's. Normally avoid them in HM, what do you guys do here? Can't work out my loans to avoid strategy
    Personally, Anything that has Property as a Guarantee I take very happily....

    So far in 2.5 Years, two loans have gone 'Belly Up', both had Property as Security, and all investors were repaid in full on both occasions.

  9. #939
    Member
    Join Date
    Jan 2005
    Location
    Rangiora, New Zealand.
    Posts
    89

    Default

    Quote Originally Posted by leesal View Post
    Have been slowly building up LC loans, slow going.

    Not sure what to do with the Business Loans - with personal guarantee's. Normally avoid them in HM, what do you guys do here? Can't work out my loans to avoid strategy
    Not sure it is possible to have a strategy with Lending Crowd. If you hang about more than a nano second you miss out. No time to look at anything. IMHO

  10. #940
    Member
    Join Date
    Jul 2017
    Posts
    128

    Default

    I've got my first ever LC loan in collection. Should I expect a happy ending or have others out there had write-offs?
    ScreenHunt.jpg

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