Rocketing credit score

Monday, June 2nd, 2008

In March of this year, I shared how our credit score plummeted from 748 to 618 last year. This last month, I paid off the three largest balance transfers that we made during our bank bonus, credit card bonus and stoozing spree. We had borrowed between $11,000 to $13,000 from each ...

Hedging with Lending Club I

Thursday, February 14th, 2008

This post is part of a series on how to increase your return on balance transfer arbitrage by using Lending Club. Balance transfer arbitrage is the practice of acquiring large sums of money from a credit card at 0% interest, depositing the cash in the bank and then profiting from ...

Intro: Hedging with Lending Club

Thursday, February 7th, 2008

I made my second set of loans at Lending Club last week. I plan to lend $50 to $100 every month for the rest of the year. Each month, I will use a different set of criteria in order to spread out my risk and optimize my rate of return. ...