Another week for Lending Club stats:
2174.14 2239.41 (+60 deposit)
Notes Issued & Current:
Late 16 – 30 Days: 0
Late 31 – 120 Days: 0
Charged Off: 0
Expected Monthly Payments (Principal + Interest):
Nothing fancy for Lending Club Week 11. Except for a note in grace period. The borrower applied for a funeral loan with only 14 more payments left. However, the downward trend of the borrower’s credit score may indicate an unfortunate hiccup. While the outstanding principal (for this particular note) is a “mere” $10.74, I would rather not see that thrown away.
Should I sell this note in the secondary market?
Important Note: I’m not a financial adviser. Consult your own financial adviser before making any investment decisions.