Ryan’s Initial Portfolio (June, 2013)

I began my investment into Lending Club in March 2013. At that time I had anticipated funding my account with $2500 to take advantage of the refer a friend credit (which I highly recommend).  I have started to set up automatic payments of $50 per month and may continue to increase my contributions.  I currently have two portfolios, one to track riskier notes and the other to track mostly A,B and C grade notes.  It will be interesting to compare both of our portfolios and see where the most cents can be made.

My current breakout is as follows as of June 5th, 2013:
Available Cash: $0.39
In Funding Notes: $75.00
Outstanding Principal: $1,212.91
Accrued Interest: $10.29
Account Total: $1,298.59

My Payments as of June 5th, 2013:
Principal: $62.09
Interest: $14.19
Total Payments: $76.28

Net Annualized Return: 11.41%

My Notes at-a-Glance:
In Funding: 3
Issued & Current: 50
Fully Paid: 1 (Someone paid off their grade E loan (21.49% interest rate) after one payment)
Late 16 – 30 Days: 0
Late 31 – 120 Days: 0
Default: 0
Charged Off: 0

All of my notes are at $25.

A Notes: 10
B Notes: 29
C Notes: 8
D Notes: 3
E Notes: 0

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