tag:blogger.com,1999:blog-6878884597386050425.post4099393021159721452..comments2024-01-20T19:06:24.811-06:00Comments on My Dividend Pipeline: Lending Club is a no-go in TexasMy Dividend Pipelinehttp://www.blogger.com/profile/00105884431032493602noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6878884597386050425.post-69698725677315622812016-02-28T01:30:01.695-06:002016-02-28T01:30:01.695-06:00This comment has been removed by a blog administrator.AKONhttps://www.blogger.com/profile/05721945446767980951noreply@blogger.comtag:blogger.com,1999:blog-6878884597386050425.post-51133119489301495812015-01-02T15:33:55.179-06:002015-01-02T15:33:55.179-06:00AAI,
I may look into buying some existing loans i...AAI,<br /><br />I may look into buying some existing loans in the secondary market, but I would rather just stick with the original loans through LC. Hopefully in the next year Texans will be allowed to fund new loans.<br /><br />MDPMy Dividend Pipelinehttps://www.blogger.com/profile/00105884431032493602noreply@blogger.comtag:blogger.com,1999:blog-6878884597386050425.post-11138787642292723172015-01-01T16:46:12.112-06:002015-01-01T16:46:12.112-06:00MDP,
I haven't really posted about it yet bec...MDP,<br /><br />I haven't really posted about it yet because my account is small, but I have a lending club account and I live in Texas. I have to purchase the loans on the secondary market that you mention. The screening isn't as good as the normal process but I haven't had a single default in over a year. I'm also targeting the high yielders and riskier buys but I screen out certain things. My account currently says my adjusted net annualized return is 17.5% with 44 notes traded so far. My balance is only $1800 so it's still a small sample but so far so good. I wouldn't completely write them off. <br /><br />Cheers!All About Interesthttps://www.blogger.com/profile/13412467028446944315noreply@blogger.comtag:blogger.com,1999:blog-6878884597386050425.post-32153563475284469762014-12-27T10:22:28.741-06:002014-12-27T10:22:28.741-06:00W2R,
Don't worry, I am still interested in P2...W2R,<br /><br />Don't worry, I am still interested in P2P lending. I just wish Texans weren't restricted from investing in these loan opportunities. Thanks for bringing up the point about LC being a public company now. I never thought about how that may remove some of the state regulations across the country. It will being interesting to see how things develop in the coming years.<br /><br />MDPMy Dividend Pipelinehttps://www.blogger.com/profile/00105884431032493602noreply@blogger.comtag:blogger.com,1999:blog-6878884597386050425.post-28609545776731532152014-12-26T18:22:05.893-06:002014-12-26T18:22:05.893-06:00Don't write off P2P loans just yet... Since Le...Don't write off P2P loans just yet... Since Lending Club is now public, they will likely look to open investing to all 50 states under the 'Blue Sky Exemption'. While I don't know all of the details associated with this, I'd imagine that at some point in the next year or two Texas investors will be allowed to invest directly instead of purchasing notes off the secondary market.writing2realityhttp://www.writeyourownreality.comnoreply@blogger.com