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  1. #651
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    Mar 2006
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    Quote Originally Posted by Saamee View Post
    Hi Soolaimon (not heard from you for a while! )

    Yes I too am in this loan. It had made good 4 days ago and the counter went back to 1 day late.

    However their payment must have fallen thru and the counter continues.....

    You can be sure LC are working hard in the background and bringing this to a close - one way or other
    Hi Saamee, As far as I know this loan is their first to get more than a month in arrears, so, yes, I am sure they will be aware of their great performance so far and will be doing their best for us. And themselves!!
    I have been logging on to my email many times a day now to try and catch a loan or two but not having much success and I am finding now that I have to invest up to $400 per loan to keep as near to fully invested as I can. This strategy can perpetuate itself as repaid loan values increase quite rapidly when a couple or so of larger investments are repaid in a few days.
    All good though, Cheers S.
    Soolaimon

  2. #652
    Senior Member
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    Sep 2015
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    Norf Eyelynd
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    834

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    Quote Originally Posted by Soolaimon View Post
    Hi Saamee, As far as I know this loan is their first to get more than a month in arrears, so, yes, I am sure they will be aware of their great performance so far and will be doing their best for us. And themselves!!
    I have been logging on to my email many times a day now to try and catch a loan or two but not having much success and I am finding now that I have to invest up to $400 per loan to keep as near to fully invested as I can. This strategy can perpetuate itself as repaid loan values increase quite rapidly when a couple or so of larger investments are repaid in a few days.
    All good though, Cheers S.
    Are you already receiving the LC issued Email Alerts to both your PC and your Phone? They REALLY help...

  3. #653
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    Mar 2006
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    Quote Originally Posted by Saamee View Post
    Are you already receiving the LC issued Email Alerts to both your PC and your Phone? They REALLY help...
    Yes I am but I am not on watch full time so miss a lot of them. I do notice though that later in the day around 4pm seems to be the time to be vigilant.
    Soolaimon

  4. #654
    Senior Member
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    Sep 2015
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    Quote Originally Posted by Kelvin View Post
    I saw a small Lending crowd ad on Stuff (I think) the other night
    Caught them on NewsTalk ZB this morning ( Hosking O'Clock! )

  5. #655
    Junior Member
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    Apr 2016
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    21

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    What keeps me busy is this -- I generally invest $250 in A2s, and have around 12K$ invested: The repayments of the loans, which I suppose will happen more often with A2s than with Bs (and good on them). I got 3 the other day, and the rate over about 1.5 years is around 33% of loans. Hard work, but no problem if there are plenty of new investments, but there aren't.

  6. #656
    Senior Member
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    Quote Originally Posted by Soolaimon View Post
    I don't have 0016-470 but I do have 011-237 which is now 35 days in arrears. This is the only loan I have out of 150+ that has been errant. Not like harmony where I have many defaults since it started. Not too worried yet, but will be interesting to see progress with payments/collection etc from LC.
    The referenced Loan appears to have been made good overnight and back to Zero - Guess the funds will be released very late next week after the clearing period.

  7. #657
    Senior Member Toasty's Avatar
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    Jul 2011
    Location
    Wellington
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    745

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    I haven't seen a loan in days. Its taken me about 2 months to place my first allocation of money. I may have to place it in larger amounts.

    I do like the speed of the website and the way everything is laid out.

  8. #658
    Junior Member
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    Jul 2016
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    LC website is down apparently. Its 12:50 PM now.

    I did receive the tax certificate though through email. Thanks LC!

  9. #659
    Senior Member
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    Sep 2015
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    Norf Eyelynd
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    Quote Originally Posted by AndyKiwi View Post
    LC website is down apparently. Its 12:50 PM now.

    I did receive the tax certificate though through email. Thanks LC!
    Maybe only to new Loggings only. I've managed to stay Looged on the whole time ( I use Chromes Auto Easy Refresh Extension )

  10. #660
    Senior Member
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    Sep 2015
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    Norf Eyelynd
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    The Everyday LC Investors must now have a few $$'s stacked up ready to Invest, in what has been a noticeably quieter period @ LC for loans.

    Could be a fair 'Bun Fight' the next time a small 14.79% ( B1 ) loan lands!! ;-)

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