https://forum.lendacademy.com/index.php?topic=616.msg2587#msg88888888Quote"> from: flojoflojo on January 09, 2013, 01:12:13 PM
- Welcome to P2P Lending / NFT Lending Forum.
ETH.LOAN
P2P Lending / NFT Lending Forum
Peer-to-Peer Lending / NFT Lending Forum
News:
This was the original Lend Academy peer-to-peer lending forum, since forensically restored by deBanked and now reintroduced to eth.loan.
To restore access to your user account, email [email protected]. We apologize for errors you may experience during the recovery.
| NEW LOANS: | | machamp.eth 1.500 Ξ  | | seadra.eth 1.500 Ξ | | 804.eth 3.000 Ξ | | ALL |
This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.
#107
Investors - LC / Deposits via Credit Card?
December 31, 1969, 06:00:00 PM
https://forum.lendacademy.com/index.php?topic=615.msg2581#msg88888888Quote"> from: sk24iam on January 09, 2013, 11:12:11 AM
#108
Investors - LC / High demand for D-G grades
December 31, 1969, 06:00:00 PM
https://forum.lendacademy.com/index.php?topic=613.msg2553#msg88888888Quote"> from: Lloigor on January 08, 2013, 09:01:20 PM
#109
Investors - LC / Borrowers with >$20,000/month Income
December 31, 1969, 06:00:00 PM
https://forum.lendacademy.com/index.php?topic=609.msg2494#msg88888888Quote"> from: viking on January 06, 2013, 06:47:19 PM
#110
Investors - LC / Effect of Payment Plan on 60 month note
December 31, 1969, 06:00:00 PM
https://forum.lendacademy.com/index.php?topic=607.msg2453#msg88888888Quote"> from: Grant on January 05, 2013, 02:44:10 PM
#111
Investors - LC / Recovery rates broken down by credit grade?
December 31, 1969, 06:00:00 PM
https://forum.lendacademy.com/index.php?topic=605.msg2426#msg88888888Quote"> from: rev on January 04, 2013, 06:04:47 PM
#112
General P2P Lending Discussion / can LC & P manipulate data to show borrower is late or in default even if not?
January 03, 2013, 11:00:00 PM
https://forum.lendacademy.com/index.php?topic=604.msg2377#msg88888888Quote"> from: ybsad on January 04, 2013, 12:25:28 AM
#113
Investors - LC / LC Advisors
December 31, 2012, 11:00:00 PM
I just saw some posts about LC Advisors, and it has sparked my curiosity more and more...
Does LC Advisors have any specific investment strategies or is it assumed they invest about $3-4k in every loan on the platform for their broad credit fund?
Any other comments or insight on LC Advisors in general?
Does LC Advisors have any specific investment strategies or is it assumed they invest about $3-4k in every loan on the platform for their broad credit fund?
Any other comments or insight on LC Advisors in general?
#114
Suggestions / Verification questions
December 31, 1969, 06:00:00 PM
https://forum.lendacademy.com/index.php?topic=591.msg2295#msg88888888Quote"> from: ppan on December 31, 2012, 08:41:15 PM
#115
Investors - LC / Chances of collecting when borrower has died
December 31, 1969, 06:00:00 PM
https://forum.lendacademy.com/index.php?topic=508.msg2267#msg88888888Quote"> from: rawraw on December 31, 2012, 07:16:42 AM
#116
Investors - LC / Collections & Transparency
December 31, 1969, 06:00:00 PM
https://forum.lendacademy.com/index.php?topic=574.msg2188#msg88888888Quote"> from: rev on December 29, 2012, 02:20:37 PM
#117
Investors - LC / Collections & Transparency
December 25, 2012, 11:00:00 PM
One aspect of both Prosper and Lending Club that has always angered me in terms of transparency is the collections/recovery of defaulted loans. As I'm sure many of you will agree, you would like to see everything going on with your non-performing loans.
In past, I was particularly impressed by the no-longer SVP of Legal and Collections, Jack Cohen. While I always understood that there are limitations on information that can be disclosed to investors on late loans, he was always eager and willing to take my calls (anytime) to address questions on specific loans and provide general information on his team, and collections processes. After a recent attempt to collect further information from the new collections manager, she continually insisted on transferring me to investor services without answers to any questions. I feel strongly that there should be more information available to investors on detailed collections processes, and recovery statistics (beyond the one chart that is not up-to-date).
Another flash from the past were the regular investor webinars to keep us up-to-date on different topics going on inside Lending Club and some how-to invest guides. Due to changes in personnel, combined with a plentiful supply of investor dollars, there is no need to divulge resources in this area. I would love to see these webinars return on different topics.
Finally, I am curious as to whether or not anyone has seen any cases of legal action against a borrower. I have never seen such an occurance with my notes. At the same time, I'm not sure if litigation is always noted in the collection logs or if a recovery payment would simply show up. The recovery payments also should be more apparent to investors and have an impact on the loan itself itself (otherwise recovery payments cannot be accounted for in response to defaults, as currently they don't impact principal balances in note detail).
I would like to hear others thoughts on these collections/transparency issues!
In past, I was particularly impressed by the no-longer SVP of Legal and Collections, Jack Cohen. While I always understood that there are limitations on information that can be disclosed to investors on late loans, he was always eager and willing to take my calls (anytime) to address questions on specific loans and provide general information on his team, and collections processes. After a recent attempt to collect further information from the new collections manager, she continually insisted on transferring me to investor services without answers to any questions. I feel strongly that there should be more information available to investors on detailed collections processes, and recovery statistics (beyond the one chart that is not up-to-date).
Another flash from the past were the regular investor webinars to keep us up-to-date on different topics going on inside Lending Club and some how-to invest guides. Due to changes in personnel, combined with a plentiful supply of investor dollars, there is no need to divulge resources in this area. I would love to see these webinars return on different topics.
Finally, I am curious as to whether or not anyone has seen any cases of legal action against a borrower. I have never seen such an occurance with my notes. At the same time, I'm not sure if litigation is always noted in the collection logs or if a recovery payment would simply show up. The recovery payments also should be more apparent to investors and have an impact on the loan itself itself (otherwise recovery payments cannot be accounted for in response to defaults, as currently they don't impact principal balances in note detail).
I would like to hear others thoughts on these collections/transparency issues!
#118
General P2P Lending Discussion / Background of P2P Investors
December 18, 2012, 11:00:00 PM
https://forum.lendacademy.com/index.php/topic,551.msg1866.html?PHPSESSID=41d02855f1e3e051bbef717cab2da1f8#msg88888888Quote"> from: Wrats6 on December 19, 2012, 05:40:52 PM
#119
Investors - LC / Still having trouble with Foliofn
December 09, 2012, 11:00:00 PM
https://forum.lendacademy.com/index.php?topic=519.msg1644#msg1644">Quote"> from: yojoakak on December 06, 2012, 02:28:11 PM