Your RAR is only calculated on at least 90 days of active loans....
So you will have to wait a little longer,
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Pretty quiet on this thread lately but not so on the lending platform, I think I got about 8 loans today. I notice that there are more loans up in the 30-50k mark these days. Not so much action over on Harmoney and I am still transferring funds from them to LC.
Anyone else having difficulty logging into Lending Crowd? Can't see any notification on their facebook page.
This site can’t be reached
lendingcrowd.co.nz’s server IP address could not be found.
Lending Crowds NEW Interest Rates active from Sunday 01 st September
https://www.interest.co.nz/personal-...-lender-reduce
Too good to be true?
I've just had another in collection loan closed, principal fully recovered. This is my 4th collection fully recovered with none yet not being so, off a relatively small sum invested over the last three or so years.
Other than not being able to get the loans as they are listed, and the lack of info if you don't screen grab, LendingCrowd has been fantastic. But is it too good to be true? Has anyone had a loss of principal?
I’ve had 7 write offs total, and just 3 got fully recovered
Yes write offs do occur...Attachment 10799
I've just received an email from Mara Labuschagne at lending crowd with a PDF attached titled Information Update Request. Email looks suspicious and I'm nervous of opening. Anybody else receiving similar? I'll be contacting the LC support to confirm before opening.