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re: Lending Club Strategies
Posted on 3/26/15 at 6:59 am to TheHiddenFlask
Posted on 3/26/15 at 6:59 am to TheHiddenFlask
I was looking at this pretty seriously a couple of months ago and it seemed that institutions were buying up most of the 'good' loans with automated systems before they hit the street. I contacted a couple of those and was thinking about putting money with them, but both show reduced yields in the last 6 months due to so much many buyers getting into the game.
Are you still able to find significant quantities of good loans to buy?
Are you still able to find significant quantities of good loans to buy?
Posted on 3/26/15 at 7:08 am to Ole War Skule
Institutional buyer platforms don't have access to the same loans as those that are posted on the individual investor site.
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