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My reasoning for jumping onboard is auto bid being turned on for everyone in September, before that you could pick and choose which loans to buy and sell, you could play a time consuming game and make a lot more than those that chose auto bid. That caused a fair amount of outrage as you can imagine and lead to a fair few people pulling out, I gave it a few months to recover.
None of that is a good reason to throw money at strangers but so far I'm liking the level of detail they give you, I know who I've lent every penny to and who doesn't pay, even the reason they want the loan. Seems a bit much now that I can't pick and choose but hey!
This isn't Bitcoin, not expecting massive gains but if I get 5% and I don't have to do anything much then that's a win and I'll up my investment.
09 January 2018, 11:01 AM
