I know it's kind of irrelevant right now, but some of the recent borrower defaults spurred me on to think of this.
Perhaps if we collect, without too many comments, so that the listings and words of borrowers speak for themselves, some of the "deserving" listings that were championed by lenders and where eventually the borrowers defaulted, new lenders will learn from our mistakes.
I know, for instance, that I specifically
cautioned DroolingElmo about the HockeyFamily loan for Christmas presents.
So, without much comment, I present to you a listing of loans, not all made with my heart, that either paid off or defaulted.
- Loans that paid
- Loans that are still payingtouch wood
- Loans that defaulted
1 This loan has a cautionary element to it. The borrower came back, borrowed $23,500 and eventually filed Ch7 BK.
2&deity knows, I didn't think this one would actually pay off.
3I actually championed this one on the old forums, based on a belief that the significant cash flow improvement would aid her in paying off the loan.
4Who could resist the tug at the heartstrings of saving that baby from having to get up at 4 am every morning? It was a heck of a lot more appealing than Christmas gifts to the HockeyFamily.
5Agin, who could resist the appeal of helping an invalid with a penchant for NASCAR races, trapped in a broken country house with no transport?
6Widowed bail bondwoman, wanting to bring her family and grandchildren closer to home - who wouldn't trust someone like that?
7Last I looked the eBay business was still there, probably just not making enough to pay lenders.
8In all fairness, it was an early Portfolio Plan that bid on this.