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Has anyone messed with Lending Robot? It's free if you're managing less than $5k with it. The automated rules make it seem like you can set some pretty strict standards (though there's nothing for "borrow uses complete sentences, punctuation and proper grammar").
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Aug 11, 2015 18:39
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Keisari posted:Why not just continue to hand-pick the notes but put more per note? How much does diversifying into an extra note after 100 really reduce your risk? Would probably save you time on bookkeeping too! Now if we presume that p2p loan market isn't efficient, hand-picking reduces your default-rate-to-interest ratio and ergo you could probably earn more return on your capital. How much time does it take to do by hand? I'm taking a timid start at this with $2,000.
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Aug 13, 2015 15:40
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So with the latest news on Lending Club and trouble with the SEC, is anyone worried about the investors on the P2P lending side or just investors who got boned in the stock market?
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May 13, 2016 21:13
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