New Loan Funded #6205 — $50 @ 19.1% | P2P Lending, Peer to Peer Lending, People to People Lending

A new loan funded this afternoon (Debt Consolidation – Pay off cards to raise credit score (Loan #6205) — $24,000 at 19.10%). I participated via my standing order: High DTI — AF. Which is this loan was funded as a high debt to income ratio and was an auto-funding loan. The borrow had C credit and 37% 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 $3,000 across 48 loans with an weighted average interest rate of 15.91%.

Here is the listing:

New Loan 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?

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