January 2010
7 posts
If Prosper.com makes it to 2011 I’d be … →
If Prosper.com makes it to 2011 I’d be surprised. Read here for more information as to what I’m on about…
http://prosperclassaction.wordpress.com/Posted in status Tagged: class action,…
I’m sad that LendingClub has left their… →
I’m sad that LendingClub has left their LendingClubTV channel at Youtube.com so dormant and unloved… Make a comment on their page and maybe the staff will pop up to take notice!:-)
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purchased an A5 grade note @LendingClub … →
purchased an A5 grade note @LendingClub for a debt consolidation loan request. Borrower has made 4 on-time payments, has a low DTI of 10% and requested $15k in total. Borrower works for a law…
I won’t even consider purchasing an iSl… →
I won’t even consider purchasing an iSlate or whatever the heck they call it until they fix the issues with their iMacs (27 inch model screen issues). Until then, Apple’s stock can tank for all I…
finds himself mysteriously routing for t… →
finds himself mysteriously routing for the Jets today… Who do you want to see win this final weekend before the playoffs start?Posted in status Tagged: football, nfl, place your bets
My one prediction for 2010… Nintendo w… →
My one prediction for 2010… Nintendo will release a 3D version of the Wii called… Wii In Your Face!Posted in status Tagged: 2010 prediction, humor, nintendo, wii
Thank you all for making this little exp… →
Thank you all for making this little experiment in blogging possible. I wish you all a happy and prosperous new year! May your loan interest rates be low and your investment returns be high!;-)…
December 2009
71 posts
I should be able to fund one more note t… →
I should be able to fund one more note this year… However, it won’t clear until next year. Tonight I celebrate, tomorrow I lend for the first time in 2010! Happy New Year to all!Posted in status…
Financial goals for 2010… Payoff both … →
Financial goals for 2010…
Payoff both Prosper.com loans ($6k)
Payoff both LendingClub.com loans ($2k)
Monthly savings? $500!
Invest the savings into new LendingClub.com investments which are…
I could plaster ads all over the place h… →
I could plaster ads all over the place here, but I don’t. Help keep this site free by helping me get free storage space when you sign up for a FREE DropBox account! 2GB of free storage! Screw…
Now earning 10.17% across 55 notes @Lend… →
Now earning 10.17% across 55 notes @LendingClub. Where will 2010 take your P2P portfolio?Posted in status Tagged: 2010, investing, lendingclub, p2p lending, peer lending
I just purchased an A3 rated note on a c… →
I just purchased an A3 rated note on a credit card consolidation request @LendingClub. CC Utilization was around the same amount of the loan request, plus the credit score had the telltale drop…
A look inside Lending Club… I sure hop… →
A look inside Lending Club… I sure hope that’s the morning routine for the collections department! Drop and give me fifty!
Posted in status Tagged: collections, lending club, push-ups
How is your LendingClub portfolio finish… →
How is your LendingClub portfolio finishing out the year? Are you up, down, left, right? I’m at 5.55% as of today (combined legacy and TLVC portfolios). Goal for 2010 is 8.2% or better! What’s…
2010 financial resolutions… What do yo… →
2010 financial resolutions… What do you have up your sleeve for 2010? Debt consolidation, debt freedom, saving x amount of cash, investing in x investment, etc?Posted in status Tagged: 2010…
T-Mobile made a boo-boo on our bill this… →
T-Mobile made a boo-boo on our bill this month, but 10 minutes online removed the $70 charge, which wasn’t ours in the first place, it was their fault for modifying our plan w/o permission. Push…
Merry Christmas to all! Even if you don… →
Merry Christmas to all! Even if you don’t celebrate it (I don’t) it’s still a day to rest and reflect on life, love, finances and more! So have a good one with those you love!Posted in status…
What do you want from #Santa Claus this … →
What do you want from #Santa Claus this year? Merry Christmas to all and to all a good night!Posted in status Tagged: santa claus, wishlist
Less than 10% of all loans @LendingClub … →
Less than 10% of all loans @LendingClub are for small business needs. Don’t you know you can get great rates with superb terms on a loan to buy equipment, inventory, expansion opportunities and…
earning 0.07% on your PayPal Money Marke… →
earning 0.07% on your PayPal Money Market account? Why?! Earn upwards of 9%+ at LendingClub.com with initial deposits up to $5,000!
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For all of you new @LendingClub I recomm… →
For all of you new @LendingClub I recommend watching some of the webinars LendingClub has available to for you to expand your knowledge base. You can NEVER have too much education when it comes…
LendingClub.com has a B+ from the BBB…… →
LendingClub.com has a B+ from the BBB… http://sanjose.bbb.org/Business-Report/Lending-Club-Corporation-237780
How about Prosper.com? D+… OUCH! …
Lending Club’s annualized default rate … →
Lending Club’s annualized default rate has dropped to 2.88%… Beat that Prosper.com!:pPosted in status Tagged: default rates, lending club, notes, p2p lending, peer lending
Kiva.org scored an A- with the BBB… ht… →
Kiva.org scored an A- with the BBB… http://www.bbb.org/greater-san-francisco/business-reviews/loans/kiva-microfunds-in-san-francisco-ca-193147Posted in status Tagged: BBB, kiva, ratings, trust…
I’m earning 10.21% across 53 notes @Len… →
I’m earning 10.21% across 53 notes @LendingClub as of today! Why haven’t you started investing?
They’ll give you $40 just to try it out… Free money to get your feet wet!
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Don’t forget that you can seed up to $5… →
Don’t forget that you can seed up to $5,000 from your PayPal account (earning what fraction of a percent right now?) to start your initial Lending Club account funding! What the heck are you…
@SunFinancial: Update on his LendingClub… →
@SunFinancial: Update on his LendingClub portfolio performance w/observations…
http://www.thesunsfinancialdiary.com/investing/lending-club-investment-update/Posted in status Tagged: lending…
just purchased an A5 rated note @Lending… →
just purchased an A5 rated note @LendingClub for a credit card re-fi loan. Income was verified by LC. Solid repayment history on this aged note (8 months old).Posted in status Tagged: credit card…
@fcn writes about ‘The Cost of Inactive… →
@fcn writes about ‘The Cost of Inactive Money’ and the effects it has on his Lending Club portfolio. He provides some great insight into why this affects the account so much early on, but not so…
What sort of annual return have you had … →
What sort of annual return have you had in 2009 at LendingClub.com or Prosper.com?
Negative annualized return @ Prosper.com for me (>9%) and a positive return @ LendingClub.com of 5.51%…
I didn’t win the Facebook contest held … →
I didn’t win the Facebook contest held by LendingClub.com (because they love me too much?), but lots of people did! Did you win one?
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just added a link to ‘The Green Room’ … →
just added a link to ‘The Green Room’ to my blog… http://blog.greensherpa.com/ Check it out please as I think it has potential to change your life this next year!Posted in status Tagged: link…
“Friends don’t let friends leave their… →
“Friends don’t let friends leave their money in the banks with 2% CD.”
Scott Langmack to Rob Garcia @ Lending ClubPosted in quote Tagged: lending club, personal finance, quote
I now have 53 active notes totaling a va… →
I now have 53 active notes totaling a value of $1,126.33 within the TLVC portfolio @LendingClub! Whoohoo!Posted in status Tagged: lending club, Portfolio Update
1,000 hits… thank you!:-) →
1,000 hits… thank you!:-)Posted in status Tagged: blog stats, thank you
Right now I’m going to let money cycle … →
Right now I’m going to let money cycle inside my Lending Club account for the build-up of the TLVC portfolio. January is going to be an unusual month as expenses aren’t entirely predictable…
Sitting back on the fence with FolioFN….. →
Sitting back on the fence with FolioFN… If I had some information about any revisions to either interface or policies on notes that are listed with ‘payment in process’ (which always get canceled…
I’d like to live as a poor man with lot… →
I’d like to live as a poor man with lots of money.
Pablo PicassoPosted in quote Tagged: money, peer lending, quotes
Loves Lending Club, Hates FolioFN… Doe… →
Loves Lending Club, Hates FolioFN… Does it all average out?Posted in status Tagged: foliofn, investing, lending club, love vs. hate, money
Place your bets on the death date of Pro… →
Place your bets on the death date of Prosper.com…
Winner gets a Lending Club shirt from me (XL size)!
Enter in the comments your prediction on the RIP date…Posted in status Tagged: contest,…
just purchased ‘parent private’ (Loan … →
just purchased ‘parent private’ (Loan id: 407411) note for a 1%+ discount. Fear in the lender’s heart leads to my rebound back into the marketplace with a fresh kill.Posted in status Tagged:…
oh yeah, almost forgot… That note was … →
oh yeah, almost forgot… That note was a C3 @ 13.16% interest. Original note total was $4k. Borrower’s employment history was a little iffy for me at <1yr, but other credit attributes looked good.Posted in status Tagged: lending club, note details
Through planning and setting a budget th… →
Through planning and setting a budget the Mrs. and I, initial estimate, saved over $900 on our moving expenses from cheaper, nicer desk chairs to a smaller, decent knife set block, a cafe-like…
I’m likely going to cycle money out of … →
I’m likely going to cycle money out of Lending Club until Arizona is on the approved list of States. I can’t stand FolioFN at this point. Their note search, customer service and policies suck for…
Move is nearing completion. Been thinkin… →
Move is nearing completion. Been thinking about financial things all the while. Hope the weekend is treating you all well!Posted in status Tagged: finances, moving, peer lending
is extremely saddened that @robgarciasj … →
Rob doesn’t know how to write about moving without making it sound like he is leaving Lending Club… lol.Posted in status Tagged: end of an era, lending club, miss you
Decided to let the notes come out natura… →
Decided to let the notes come out naturally, over time with payments… This way I have some historical performance data to work with.Posted in status Tagged: foliofn sucks, lendingclub, withdrawal…
another canceled note purchase? It wasn… →
another canceled note purchase? It wasn’t even pending payment… WTF?!Posted in status Tagged: foliofn, lendingclub, note purchase
I’ve made my decision… Will start thi… →
I’ve made my decision… Will start this adventure again once LC is available in Arizona. Until then… take care!Posted in status Tagged: foliofn sucks, lendingclub, notes, selling
to sell or not to sell all of my notes i… →
to sell or not to sell all of my notes in frustration… tired of missing good opportunities because there is no posting criteria for notes (like pending payment, etc).Posted in status Tagged:…