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Junior Member
Why? Many of the same reasons. But mostly, because I am retired and was trying to live off the interest from bank FDs -- which was OK until interest rates started dropping. I still have FDs of 4.5 and 5.5 % until next year, so am starting to build up a portfolio of LC loans to test whether this would be a reasonable, reliable, way to fund the rest of my retirement. Thus, I am focused on more conservative LC loans that will suffice my income needs. No real need to increase capital. So,
1. Income to live on in a low-interest environment
is about the only reason.
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