The good news is I saw my total had dropped, I thought it was bad , but then i saw that 8 people had paid off their loans and I had recieved the money.
The bad news is I have to start new loans in order to get the interest to keep coming in.
I also am sad to say i have 5 borrowers that are 4 months late.
I am happy though in that it does not put me in the red.
My yield had been 18%, but with the 5 loans, if they default. I will be at 16.7% according to my account stats.
I am not getting rich quick, but i am making much more money than the bank could ever give.
Overall I am happy and it has motivated me to open 2 new web businesses.
I will publish those shortly.
Keep making good financial sense.
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