LendingCROWD NZ P2P

[Saamee]

A small loan just listed

Funded	Time remaining	Grade	Rate*	Type	Term	Amount	My investment
	6 days and 22 hours	B1	14.79%	Personal	60 months	$4,750.00

[Darchie]

And yet another very small loan listed up

[Saamee]

Another new loan up >

Funded	Time remaining	Grade	Rate*	Type	Term	Amount	My investment
	6 days and 22 hours	B2	18.74%	Personal	36 months	$2,250.00

[Saamee]

Another new loan up >

Funded	Time remaining	Grade	Rate*	Type	Term	Amount	My investment
	6 days and 22 hours	B2	18.74%	Personal	36 months	$2,250.00

All loans filled very quickly again today!

[Saamee]

New 50K loan just up....

Funded	Time remaining	Grade	Rate*	Type	Term	Amount	My investment
45%	6 days and 18 hours	B1	13.97%	Personal	36 months	$50,450.00

[Saamee]

Another ( low Int. rate ) loan....

60%

6 days and 17 hours

A1

8.42%

Personal

60 months

$11,350.00

[kiwi_on_OE]

New 50K loan just up....

Funded	Time remaining	Grade	Rate*	Type	Term	Amount	My investment
45%	6 days and 18 hours	B1	13.97%	Personal	36 months	$50,450.00

Do I read this one correctly? 50k on a car, monthly income between 2-4k, existing outgoings 2k, loan repayments 1k7? So there outgoings could be more than their income? Doesn't appeal to me.

[humvee]

Do I read this one correctly? 50k on a car, monthly income between 2-4k, existing outgoings 2k, loan repayments 1k7? So there outgoings could be more than their income? Doesn't appeal to me.

If they are 32 and OWN a freehold - mortgage free home in auckland and self employed - maybe the income is artificially low - for tax reasons etc .....

[Chickens]

If the purpose of the loan (L00-11-435) is indeed debt consolidation, the borrower should be reducing their existing repayment obligations, which can be contributed to the $1,723.24 LC payments.

However, in this imperfect world, "debt consolidation" often means debt restructuring, resulting in increased debt at better terms, with similar repayments.

[Saamee]

New loan MON am ( almost funded! )

Funded	Time remaining	Grade	Rate*	Type	Term	Amount	My investment
90%	7 days	B1	13.97%	Personal	36 months	$10,350.00