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Thread: Harmoney

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  1. #10
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    Join Date
    Sep 2015
    Posts
    226

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    It's gonna hit the low grade loans really hard. Quick calculation suggests that investing $25 in a loan over 3 years with ~30% interest you will get ~$0.47 deducted under the current structure, under the new structure @20% you'll get ~$2.6 deducted in fees!!! Over 5x increase!!!

    Lending Crowd, please increase your loan offerings so I can move over there with a much more reasonable 10% fee.
    Last edited by Kelvin; 12-05-2016 at 11:30 AM.

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