When I initially posted my Lending Club review last December, I promised I would give periodic updates. That time has come. I’ll let my screenshot speak for my results:
As you can see my performance has increased from 10.45% to now an annual return of 11.27%. Some highlights in my investing for the past three months:
- I sold one note on FOLIOfn because their credit score lowered significantly, and I was concerned they were going to either become a late payer or default.
- I now have 38 notes total. One paid in full early. No defaults or late payments.
- I just added an additional $1k this month and plan on investing in more notes
Come June, I’ll be investing in Lending Club for one year. So far I’ve had great results and been happy with experience.