Lending Club Investment Strategy

- Income Verified?: ALWAYS select YES here
- Inquires in the last 6 months: 0
- Home Ownership: Own or Mortgage
- Delinquencies (in the last 2 years): 0
- Monthly Income: $6500 or more (updated 11/3/17)
- Do not invest in the state of Nevada
- Invest in B,C,D,E,F,G graded loans (updated 11/3/17)
- Reinvest loan payments
A few items to note in regards to the Lending Club Investor Portfolio presented here…
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- Investing in loans that are income VERIFIED is one of the most under-looked strategies at Lending Club
- Avoid Arizona, California, Florida, and Nevada as they are notorious for high default rates (3 of these 4 are the top 3 in Bankrate’s article “Top 10 states for auto loan delinquencies“)
- Try to invest in only E, F, and G loans but consider B, C & D if you’re having trouble getting enough E-G loans
- Spread loans out over amounts of $25, $50, or $100 depending on how much you have to invest (investors with $100,000 or more to lend out can afford to make larger loans of $100), but most Lending Club investors should stick with $25 loans
Do you have any questions about the Capitalist Review Lending Club Investor Portfolio strategy? Please use the Capitalist Review “contact page” to reach out or simply leave a comment below.
Like this strategy? You should! Do us a favor and sign up for Lending Club here 🙂
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