LendingCROWD NZ P2P

[Saamee]

New loan @ 17:15

Funded	Time remaining	Grade	Rate*	Type	Term	Amount	My investment
	6 days and 18 hours	B1	14.79%	Personal	60 months	$11,250.00	$0.00

[whitt]

thanks PP text alerts working brilliantly

New loan @ 17:15

Funded	Time remaining	Grade	Rate*	Type	Term	Amount	My investment
	6 days and 18 hours	B1	14.79%	Personal	60 months	$11,250.00	$0.00

[Saamee]

Two loans paid off today making it 10 out of 71. I have been transferring funds as they come due from Harmoney to LC now for a month or so and am finding that I cannot invest enough in to LC to keep all funds invested. This is even as I am doubling the amount in each loan compared to Harmoney.

Yes - Just look at your investing into LC as a Long, Slow Drip Feed.

Probably good, as it kind of acts like a Brake, slowing you down, allowing you to watch and reappraise LC whilst not making too many quick mistakes!

Like I would say I did over at HM.... ( not knowing the future about high # of Re-Writes & more... )

[Saamee]

An interesting write up on P2P in todays Stuff....

http://www.stuff.co.nz/business/mone...opeer-investor

[Bjauck]

An interesting write up on P2P in todays Stuff....

http://www.stuff.co.nz/business/mone...opeer-investor

A good light summary. The pictured 41 year old with his tablet looks to be in good nick for his age! Presumably he's not looking at mounting commission payments to Harmoney.

[Saamee]

A small 6K loan now up....

Funded	Time remaining	Grade	Rate*	Type	Term	Amount	My investment
	6 days and 21 hours	A2	10.96%	Personal	36 months	$6,250.00

[mccollr]

Commission is just another business expense as is broking fees when you buy and sell shares.

[Bjauck]

Commission is just another business expense as is broking fees when you buy and sell shares.

Deductibility depends on your tax status - my broking fees on sale and disposal of shares are a capital cost.
My broker does not charge a 15-20% commission rate either unlike the newly introduced lenders fee on gross interest from Harmoney.

[Saamee]

11K currently up for grabs....

Funded	Time remaining	Grade	Rate*	Type	Term	Amount	My investment
63%	6 days and 23 hours	A2	10.96%	Personal	36 months	$11,750.00

Funded	Time remaining	Grade	Rate*	Type	Term	Amount	My investment
63%	6 days and 23 hours	A2	10.96%	Personal	36 months	$11,750.00

[Saamee]

Small 5K loan listed >

Funded	Time remaining	Grade	Rate*	Type	Term	Amount	My investment
54%	6 days and 16 hours	B1	13.97%	Personal	36 months	$5,250.00