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re: Lending Club Strategies

Posted on 3/26/15 at 10:11 am to
Posted by TJG210
New Orleans
Member since Aug 2006
28351 posts
Posted on 3/26/15 at 10:11 am to
quote:

Institutional buyer platforms don't have access to the same loans as those that are posted on the individual investor site.

There are two different sites? How do loans get routed? Do the smaller ones go to the individual investor site, larger ones to the institutional?
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 3/26/15 at 11:42 am to
Just a random mix.

They did it to avoid the hedge funds with algorithms gobbling up the best loans and leaving the consumer side with the scraps.
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