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re: Lending Club Question

Posted on 12/22/15 at 9:37 pm to
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 12/22/15 at 9:37 pm to
The notes are not nearly as risky as you would think.
Posted by TJG210
New Orleans
Member since Aug 2006
28366 posts
Posted on 12/22/15 at 9:47 pm to
Understood, but if you invest solely in the lower grade of notes then you will probably have a higher amount of write offs than in a normal account.
I've been involved for roughly a year and have only have had 1 note written off, but I'm probably 30%A, 40%B, 20%C, 10%D
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