How do I decide which Notes to buy?

The decision to buy a Note and which Note you buy should be based on your own investment strategy and personal circumstances. Neither Folio Investing nor Lending Club provides investment advice and recommends that you consult your financial advisor if you have questions about whether to purchase a Note.

Information regarding the loan status, term remaining, Borrower payment history, and the Borrower’s most recent credit score, as well as other factors, may impact the way that you value and decide whether to purchase the corresponding Note.  
Buyers should be aware that some sellers list Notes for an Asking Price that is greater than the total outstanding principal and accrued interest, or that have a status of “Past Due.”  Prior to submitting any purchase order, Buyers should understand how these and other factors affect the expected yield to maturity of any Note.

If you want to buy a Note corresponding to a loan that is past-due, you may be interested in historical information about loan status migration provided by Lending Club, which can help you understand how the status of loans has changed historically over time. Please click here to access this information. Please keep in mind that past performance is not a guarantee of future results and that actual loan status migration may vary significantly from historical migration.