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- Lending Club - Time to panic? - forum. mrmoneymustache. com
Lending Club - Time to panic? Two weeks ago I started selling off my LC loans I am probably 80-90% into cash by now The returns have just not been worth keeping the account open and the larger worry of something else going to zero All my loans are in a IRA account, does anyone know what the fees will be to transfer the balance to my Schwab IRA? I fear that I will be left with 5 32$ in the
- Lending Club - Time to panic? - Mr. Money Mustache
Lending Club - Time to panic? I'm really debating this both as an investor and as someone interested in their stock I hate accounting irregularities, but if its earnings are accurate, they'll make about 0 27 share this year Financials trade between a 12 and 20x multiple and this one might be able to grow a little more At a 15 PE, the stock is worth about 4 05 The drop is from reeling back
- LENDING CLUB SUCKS!
« on: October 29, 2014, 03:53:25 PM » i hate to say it but i wont make another loan at lending club if you browse notes you will now see the city the borrower lives in has now been replaced with just the first 3 digits of the zip code i very often would google the city the borrower would come from and see what housing costs, whats the property tax on average and other information lending
- Lending Club Default Grace Period Questions
Lending Club Default Grace Period Questions I'm also new to lending club (started August 2015 with $2500) I have my automated defaults set at 5%C, 15%D, 50%E, 20%F, 10%G I do not discriminate based on what the loan is for In just a few short months, I have had 2 notes go into the grace period, 1 F ($75) and 1 G ($150) The F person must have taken a separate loan out and fully paid off my
- Peer to Peer Lending (Investors) - forum. mrmoneymustache. com
Lending Club notes could only be sold on PortfolioFn as of a year ago (probably still true) And the loans for sale on PortfolioFn were much lower quality (higher default risk) than the average Lending Club loan of the same category If you go with Lending Club, consider it a very high risk loan program without liquidity that charges 1 00% per
- Filing taxes for Prosper and Lending Club. 1099-B confusion!
I have similar docs for Lending Club I have done the 1099-OIDs in the past, so I think I'm good there I'm using H R Block online Premium software (fyi) I don't know why these P2P lending taxes are so confusing to me! Is my understanding correct here: On one 1099-B under 1d- Proceeds it says $1 14 Under 1e- Cost or other basis it says $808 80
- Lending Club taxes - Form 1099-OID
Lending Club taxes - Form 1099-OID Thanks for the detailed explanation, Cathy, and for the other responses as well If I understand correctly, I can report the amount shown on the OID form along with bank interest in Schedule B, Part 1 Logged Print Pages: 1 « previous next » The Money Mustache Community » Learning, Sharing, and Teaching » Investor Alley » Lending Club taxes - Form
- High Yield Savings Account - forum. mrmoneymustache. com
Hi all! I was hoping somebody with recent experience could tell me what they've used for high yield savings accounts I'm currently looking at Lending Club, and just making sure I have deposits of $250 month to get their premium rate Thanks!
- LendingClub CEO fired
http: forum mrmoneymustache com welcome-to-the-forum lending-club-concerns http: forum mrmoneymustache com investor-alley lending-club-time-to-panic http: forum mrmoneymustache com investor-alley lendingclub-crashing-down http: forum mrmoneymustache com investor-alley victim-of-leding-club-facilitate-fraud-or-just-really-bad-timing
- Peer to Peer Investing in Maryland - forum. mrmoneymustache. com
I am really interested in peer-to-peer lending options like Prosper or Lending Club, but unfortunately, neither of those is available in MD
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