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Have your losses been increasing?

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bluestar148:
I start out at 10%. Then I drop by $1 a day until sold.

havastat:

--- Quote from: bluestar148 on July 08, 2016, 04:19:14 pm ---I start out at 10%. Then I drop by $1 a day until sold.

--- End quote ---

What discount does it tend to sell at? Has it been less recently than previously?

bluestar148:
Percentage wise I am not sure. They usually get picked up in the $10 - $5 range.

havastat:
The Wall Street Journal reports that loan losses have been going up, particularly among higher-credit-risk borrowers.

https://www.google.com/amp/www.wsj.com/amp/articles/lendingclubs-newest-problem-its-borrowers-1468265212?#

havastat:
Lobby.

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