Wednesday, March 20, 2013

Funding Accounts

So I requested from both Prosper and Lending Club a transfer from my bank account yesterday (03/19/2013). As of 7am this morning I am seeing a hold for the ACH Debits on my online banking. Will update again once those funds are in my P2P Investing accounts. ACH transfers generally take 3 to 5 days to happen, but I have seen them as quick as 2 days.

So while I have been waiting for my accounts to fund I did take a look at the platforms. I am not so excited about how you can search for notes on Lending Club. There is an external site which has more filters, and when you click on a loan number it does load it in Lending Club, i just wonder if I start to do more consistent transactions if this will start to be a pain. I am looking forward to some "live" interactions with the site. I plan to do an "unboxing" recording of my first real transactions and will post a video.


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