LendingClub update 

I’m down to 8 notes. 

  • 4 are issued & current 
  • 3 are 16 to 30 days late 
  • 1 is 31 to 120 days late

Total Value $192.04
Adjusted Principal Value $131.54

4 notes were fully paid through the experiment.  


Today, 1 note was charged off by LendingClub due to prolonged inactivity. I think that was a full (if not nearly) $25 loss. I know that can be considered a write-off for taxes as a business loss. 


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