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The Money Mustache Community
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Interesting Lending Tree Loan
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Topic: Interesting Lending Tree Loan (Read 2485 times)
jonmchan
5 O'Clock Shadow
Posts: 8
Interesting Lending Tree Loan
«
on:
August 16, 2013, 10:24:58 PM »
I found this interesting lending tree loan today:
https://www.lendingclub.com/browse/loanDetailFull.action?loan_id=6826688
For those that can log in, this guy reportedly makes some 225,000/yr or 18333/month and has a revolving credit balance of $222,217.00! Certainly this guy does not know how to save! Usually I would find people who make much less money on lending tree and not a higher income bracket person like this... Would you invest into his $35,000 loan? No delinquencies and no public records, but a huge credit balance that I wonder is a mistake! Thoughts appreciated!
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frugalman
Stubble
Posts: 176
Re: Interesting Lending Tree Loan
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Reply #1 on:
August 17, 2013, 06:29:08 AM »
I would not invest into this loan. You're looking for normal, not outliers..
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The Money Mustache Community
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Interesting Lending Tree Loan