Tuesday, April 27, 2010

My latest Lending Club investment loan has been issued

Overnight my latest Lending Club investment loan reached 100% funding and was issued. I now have no loan orders outstanding. This loan was funded with cash flow (interest and return of principle) from my existing portfolio of loans.  Within a week or so my account will accumulate enough additional cash from interest and return of principle to fund yet another loan.

This is still just an experiment for me (less than a year) since I have no prior experience with this type of investment, but so far in has been very encouraging.-- Jack Krupansky


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