Quote Originally Posted by icyfire View Post
My first loan written off on LC

Loan note LN000-057-737 has been written off. 76% of my principle in that loan was lost which brings into question the value of vehicles that are commonly used as loan security.

It appears that in a bid to increase loans availability the loan quality is dropping fast. Another loan (LN000-050-756) is in collection currently.
This loan is also in collection currently

LN000-063-992 B2 Personal 60 months 19.10% 10% $50.00 04/04/2018 $2.58 $3.53 02/07/2019