Here's the last loan request I bid on at Lending Club. It's a retired Army E-8 (Master Sergent) who now works civil service as a GS-12 in the civil service. His military pension is safe and his civil service job is safe. Also, the borrower makes a reference about going to Iraq each year. Civil service contractors in Iraq have what is typically the safest jobs available.
Bid at own risk.
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1 comment:
I agree. I've done well by going after the least risk borrowers. The lower interest rates end up being higher as you avoid defaults.
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