LendingCROWD NZ P2P

[Saamee]

I have been going for anything except A1 and ones that appear dodgy to me (like high enquiries). With the A1 grade you can get a similar return at squirrel money at lower risk.

My NAR is currently 13.69%

Agreed about A1's.

[whitt]

crikey
Today's B2 36 month went very fast
Email went out at 3.11pm , Provance text at 3.21pm
I logged in after text and it had all gone.

[heisenberg]

Is the interest returns that you guys have been quoting per annum or for the entire length of the loan?
For example if I invest $1000 over a number of 3 year loans at an average interest rate of 12% will I end up with $1120, $1360 (pa, not compounded) or $1400 (pa, compounded)?

[Saamee]

Is the interest returns that you guys have been quoting per annum or for the entire length of the loan?
For example if I invest $1000 over a number of 3 year loans at an average interest rate of 12% will I end up with $1120, $1360 (pa, not compounded) or $1400 (pa, compounded)?

% Rate is Annual Percentage Rate,

Rgds,

[Cool Bear]

Is the interest returns that you guys have been quoting per annum or for the entire length of the loan?
For example if I invest $1000 over a number of 3 year loans at an average interest rate of 12% will I end up with $1120, $1360 (pa, not compounded) or $1400 (pa, compounded)?

It is per annum, so $12 first month ($120/12 months) and less each month as the amount owing reduces.

[Saamee]

Heavy night of Loans with 3 being Repaid....

Maybe start of month, LC gobe quiet so cannot Reinvest straight away.

[Saamee]

Heavy night of Loans with 3 being Repaid....

Maybe start of month, LC gone quiet so cannot Reinvest straight away.

F.Y.I > Just updated the figures for Early Repaid \ Closed loans @ LC now running at 15%

This is a blended result from 2 accounts...

[humvee]

F.Y.I > Just updated the figures for Early Repaid \ Closed loans @ LC now running at 15%

This is a blended result from 2 accounts...

My blended result from 2 accounts is 23% repaid early,

The account with all the older loans has 32% repaid early

[Saamee]

My blended result from 2 accounts is 23% repaid early,

The account with all the older loans has 32% repaid early

Thanks for that Humvee. Echoes my experience too > The older account ( 11months old now ) is @ 30%. The newer @ 12%.

[Saamee]

Thanks for that Humvee. Echoes my experience too > The older account ( 11months old now ) is @ 30%. The newer @ 12%.

Chart below:

Capture.jpg