Comments on: Hedging with Lending Club I http://www.rocketfinance.net/2008/02/14/hedging-with-lending-club-i/ Finance is not rocket science, unless it is government finance. Sat, 05 Jun 2010 22:48:26 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Another alternate stream of income | rocket financehttp://www.rocketfinance.net/2008/02/14/hedging-with-lending-club-i/#comment-1603 Another alternate stream of income | rocket finance Wed, 12 Mar 2008 13:55:43 +0000 http://www.rocketfinance.net/2008/02/14/hedging-with-lending-club-i/#comment-1603 [...] Hedging with Lending Club I [...] [...] Hedging with Lending Club I [...]

]]> By: rocketchttp://www.rocketfinance.net/2008/02/14/hedging-with-lending-club-i/#comment-1402 rocketc Sun, 17 Feb 2008 14:35:03 +0000 http://www.rocketfinance.net/2008/02/14/hedging-with-lending-club-i/#comment-1402 True. . . your mileage may vary and there are risks. True. . . your mileage may vary and there are risks.

]]> By: Tomhttp://www.rocketfinance.net/2008/02/14/hedging-with-lending-club-i/#comment-1399 Tom Sun, 17 Feb 2008 14:00:20 +0000 http://www.rocketfinance.net/2008/02/14/hedging-with-lending-club-i/#comment-1399 You may want to look at Matt's article about borrowing to lend on Prosper. http://prosperlending.blogspot.com/2007/07/borrowing-money-to-lend-on-prosper-wise.html The situation you propose is a little bit different but many of the same things apply. There is money to be made but the risks, I think, are pretty high for the limited return. You may want to look at Matt’s article about borrowing to lend on Prosper.

http://prosperlending.blogspot.com/2007/07/borrowing-money-to-lend-on-prosper-wise.html

The situation you propose is a little bit different but many of the same things apply. There is money to be made but the risks, I think, are pretty high for the limited return.

]]> By: rocketchttp://www.rocketfinance.net/2008/02/14/hedging-with-lending-club-i/#comment-1382 rocketc Sat, 16 Feb 2008 14:44:39 +0000 http://www.rocketfinance.net/2008/02/14/hedging-with-lending-club-i/#comment-1382 $40K is usually the result of several cards. My total bt amount is close to 70K. I know of several people who have succeeded in getting well over $100K. I is a science. :) $40K is usually the result of several cards. My total bt amount is close to 70K. I know of several people who have succeeded in getting well over $100K. I is a science. :)

]]> By: Odnalhttp://www.rocketfinance.net/2008/02/14/hedging-with-lending-club-i/#comment-1355 Odnal Fri, 15 Feb 2008 12:41:05 +0000 http://www.rocketfinance.net/2008/02/14/hedging-with-lending-club-i/#comment-1355 Are you serious that a credit card company will give you a $40k balance transfer? That seems like an absurd amount. I was thinking that the limit tended to be in the $5-10k range. Are you serious that a credit card company will give you a $40k balance transfer? That seems like an absurd amount. I was thinking that the limit tended to be in the $5-10k range.

]]> By: rocketchttp://www.rocketfinance.net/2008/02/14/hedging-with-lending-club-i/#comment-1338 rocketc Thu, 14 Feb 2008 14:57:18 +0000 http://www.rocketfinance.net/2008/02/14/hedging-with-lending-club-i/#comment-1338 Thank you for pointing this out - You are correct. I am forwarding an idea, proceed at your own risk. :) I did not choose this particular strategy. The strategy that I am using will be shared next week. Thank you for pointing this out – You are correct. I am forwarding an idea, proceed at your own risk. :) I did not choose this particular strategy. The strategy that I am using will be shared next week.

]]> By: lulugal11http://www.rocketfinance.net/2008/02/14/hedging-with-lending-club-i/#comment-1336 lulugal11 Thu, 14 Feb 2008 14:48:10 +0000 http://www.rocketfinance.net/2008/02/14/hedging-with-lending-club-i/#comment-1336 This is assuming your borrowers on lending club pay back and pay on time. While lending club does have a very low rate of low payments and non payments you still need to make your readers aware of the possibility of a loan defaulting. This is assuming your borrowers on lending club pay back and pay on time. While lending club does have a very low rate of low payments and non payments you still need to make your readers aware of the possibility of a loan defaulting.

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