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yeah, nah
Originally Posted by Snow12
You have been investing for three months and you already have 3 write offs. Doesn't that ring alarm bells?
It's 2 loans in 30-60 arrears, but I write them off at 60 days so my numbers are a more realistic present value. (Harmoney list it as $1.88 in arrears if that helps). At this stage this doesn't set off any alarm bells for me. I consider $2,000 to be charged-off each year to be expected for the loan spread that I have. Ask me again in 7-8 months, my opinion might change when arrears really kick in
Last edited by myles; 21-06-2017 at 11:49 AM.
Reason: Payments made changed arrears amount, which include other loans.
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