What are my investment options if I use Auto-Lend?
There are 4 Plans available through Auto-Lend:
- Balanced: This plan will purchase notes from all loan grades.
- Conservative: This plan will purchase notes from businesses rated with the following loan grades: A+, A, B+, B.
- Aggressive: This plan will purchase notes from businesses rated with the following loan grades: C+, C, D+, D, E+, E.
- Custom: Lenders can setup Plans to lend different amounts to different loan grades.
By creating a custom Auto-Lend plan, lenders have the ability to decide whether they would like Auto-Lend to invest exclusively in Standard Loans, Express Loans, or both. Lenders that activated Auto-Lend prior to March 25, 2019 will have Express Loans disabled by default. In order to start lending to Express Loans, please follow our step-by-step guide here.