As p2p investors we are funding loans all the time but we never know much about the people we are investing in. I want to try and change that a little. So, in this latest edition of the Lend Academy podcast we going over to the other side of the p2p lending equation as I talk with a borrower.
In this episode you will hear about the experience from Ivy K. a recent borrower at Lending Club:
- Why she decided to get a p2p loan.
- The challenges she had in getting a loan.
- The big difference between the interest rate quotes she received.
- What happened to her credit score after taking out a Lending Club loan.
- How she was able to pay off her loan early.
- The only debt that she will take on from now on.
- What she wants to do once she is debt free.
You can subscribe to the Lend Academy Podcast via iTunes or Stitcher. There is an audio player directly below or you can download the MP3 file here.
Podcast: Play in new window | Download | Embed
Subscribe: Apple Podcasts | Android | RSS
Thank you Peter, good interview! I wish all our borrowers would be like her!
Here’s a challenge for you – next podcast, interview someone who defaulted.
Ha! That would be a challenge…but I will keep my ears open. You never know.
Peter, I have listened to all of your podcasts as soon as you release them, however this is the first one that I found myself having a hard time hearing/understanding the person you interviewed. It was as if the call quality was different for this person than the previous people?
Thought you would want to know,
Chris
Thanks Chris. I appreciate you letting me know. Yes, this interviewee was on a cell phone that did not get great reception so it was fairly poor sound quality. Others have used microphone/headsets hooked up to a computer via Skype which gives great quality. I will keep it in mind for future podcasts.
My experience of this podcast was similar to Chris’s. The audio of the interviewee was so garbled, I gave up listening after a couple of minutes. Your side of the conversation came through loud and clear.
Thanks Dan, I will be more careful about this in future.