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Using a different strategy here @ LC than over @ HM.... I perceive that LC loans are higher quality ( yes, have to wait & See! ) since every loan is secured and some with Death insurance too, also as there are fewer quality loans currently, I put $500 into each loan I chose to invest in.
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I'd be interested to know if anybody else was investing last week here @ LC and had the loans cancelled by the Borrower at the last minute? I had Three ( 3 ) loans I had invested in, had been 100% subscribed and then unfortunately the Borrower pulled out in the final stages of loan issuance. After speaking with LC seems many were for cars and people got outbid @ Auctions etc. I'm putting it down, just to real life
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