A new loan funded this afternoon (Engagement Ring (Loan #6141) — $23,000 at 27%). I participated via my standing order: Any DTI — AF. Which is this loan was funded as any debt to income ratio and was an auto-funding loan. The borrow had C credit and 16% DTI.
As a reminder my standing orders only find loans with 0 current delinquencies, 10 or less delinquencies in the last 7 years, and 2 or less public records in the last 10.
With this loan I have $2,950 across 47 loans with an weighted average interest rate of 15.85%.
Here is the credit of the borrower and the listing:
For the readers that believe in reading the actual description without modification:
I think this is another fine example of a quality standing order borrower and interest rate. What do you think?
- New Loan Funded #6028 — $2900 in 46 loansA new loan funded this afternoon (Business Consolidation Loan (Loan #6028) — $25,000 10.38%). I participated via my standing order: Low DTI — NAF. Which is this loan…
- New Loan Funded #5989 — $2850 in 45 loansA new loan funded this afternoon (#5989 — PAYING OFF CREDIT CARDS AND HOME IMPROVEMENT — $22,000 14.55%). I participated via my standing order: High DTI…
- Review of Late Loan #1In a previous post I talked about the consequences to my first late borrower: One Loan Late. Not supposed to happen to AA. What does that…
- Late Loan #1, in Process of PayingThe loan discussed in previous posts is in the process of paying: One Loan Late. Not supposed to happen to AA. What does that mean? and Review…
If you liked this article, vote for it on del.icio.us and stumbleupon.