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re: Lending Club Strategies

Posted on 3/26/15 at 11:42 am to TJG210
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
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Posted on 3/26/15 at 11:42 am to TJG210
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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Posted by TJG210
New Orleans
Member since Aug 2006
28398 posts
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Posted on 4/2/15 at 1:24 am to TheHiddenFlask
What do you generally do when you get someone who is in the grace period or late? Is it best just to cut bait and sell the note for whatever you can get for it?
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