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Old 10-26-2010, 01:08 PM
Mama Zappa is offline
Charter Member
Join Date: Feb 2003
Posts: 12,498
Originally Posted by Mama Zappa View Post
I'd bet it is.

At my credit union right now, I could get a car loan for 2.99 % and a 36 month signature loan for 10.75% (a 1 year loan would be less than 7%).
Updating my own comment: They're about a point lower (in the A-class range anyway) than similar-grade loans already in my portfolio.

I've got a total of 28 loans, most for 25 dollars but a handful for 50. One is fully paid. One hasn't had a payment since May 28 and is in collections. One just funded (an A2, at under 6%). One is under a "payment plan" which seems to be adjusting the due date by a few days but otherwise is keeping current. One has prepaid all but about 5 dollars of my 25 bucks.