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  1. #741
    Senior Member
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    Sep 2015
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    Norf Eyelynd
    Posts
    838

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    Many loans out today @ LC

  2. #742
    Senior Member
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    Sep 2015
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    Norf Eyelynd
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    OK well it's time for my 18 Month Investment Update on Lending Crowd....

    Been in with LC since their very 1st loan which was issued on 21st December 2015.

    Losses = NONE


    Loan Early Repayments = 27.8%


    Platform RAR = 13.96%


    # of Loan = TOTAL = 439 ACTIVE = 317


    Arrears = CURRENTLY 5 OR 6 ( 1.89% )


    Out of the 3 x Platforms I do \ have actively invested in, for me this is the easiest, most straight forward and user friendly to use.

    LC have grown with me as I have grown with LC.


    Everyone investing in P2P is here for the same reason - to increase our earnings.


    For me my initial aim in P2P was to earn in interest per week, Double what the NZ pension currently is. This milestone has now been reached.


    Attachment 8910

    Happy P2P trading
    Last edited by Saamee; 16-06-2017 at 03:56 PM.

  3. #743
    Advanced Member Entrep's Avatar
    Join Date
    Mar 2008
    Posts
    1,863

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    Thanks Saamee

  4. #744
    Member
    Join Date
    Sep 2015
    Posts
    226

    Default

    For me it has been 1 year since Harmoney raised their fees and I started putting money into LC

    222 Loans Open
    56 Closed Paid
    2 Overdue

    Net Average Return 12.61%

  5. #745
    Junior Member
    Join Date
    Apr 2017
    Posts
    12

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    Quote Originally Posted by Saamee View Post
    OK well it's time for my 18 Month Investment Update on Lending Crowd....

    Been in with LC since their very 1st loan which was issued on 21st December 2015.

    Losses = NONE


    Loan Early Repayments = 27.8%


    Platform RAR = 13.96%


    # of Loan = TOTAL = 439 ACTIVE = 317


    Arrears = CURRENTLY 5 OR 6 ( 1.89% )


    Out of the 3 x Platforms I do \ have actively invested in, for me this is the easiest, most straight forward and user friendly to use.

    LC have grown with me as I have grown with LC.


    Everyone investing in P2P is here for the same reason - to increase our earnings.


    For me my initial aim in P2P was to earn in interest per week, Double what the NZ pension currently is. This milestone has now been reached.


    Attachment 8910

    Happy P2P trading
    That's some serious $ invested in P2P. Including house I have approx 15% in P2P which is too high. Looking to diversify but unsure what market at this point. Gold/Silver/Commodities could be an option. The 1% in Crypto has done well so far. Not keen on the Sharemarket at this point, reckon it will head south soon.

  6. #746
    Member
    Join Date
    Jan 2005
    Location
    New Zealand
    Posts
    101

    Default

    Looking good Saamee.

    My performance since inception (7 Jan 2016) is:

    Capture.PNG

    Capture1.PNG

    No longer participate in A1 grade loans.

    I recently hit my first goal of 250 open loans, since then I've doubled the capital investment in all new loans (20 loans fall into this group, since breaking 250 16 loans have been closed).
    Last edited by PennyPicker; 17-06-2017 at 07:58 AM.

  7. #747
    Senior Member
    Join Date
    Sep 2015
    Location
    Norf Eyelynd
    Posts
    838

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    Anyone else found the LC Website has disappeared right now? Unable to Logon!

    Capture.jpg

  8. #748
    Member
    Join Date
    Nov 2015
    Posts
    209

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    They say they're doing maintenance. .. google page gives ya more detail than just a trusty homescreen link.
    I'd gone in early this morning & bank deposits werent in, so assumed something was amiss.

  9. #749
    Advanced Member Entrep's Avatar
    Join Date
    Mar 2008
    Posts
    1,863

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    They picked a fantastic time to do it.

  10. #750
    Member
    Join Date
    Nov 2015
    Posts
    209

    Default

    Obviously not a planned bit of maintenance ... more like more like unforseen problems... i haven't bothered ringing them, has anyone else rung to see what handle they're putting on it?

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