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Author Topic: loan count  (Read 635 times)
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KyRoamer
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« on: October 02, 2011, 01:35:08 PM »

Teams track loans made. If I make a $100 loan does it count as one or as four? If I make two separate $25 loans to same borrower, do they count as one or two loans?

I'd like my team credited with one loan per $25 advanced. Maybe call it loan equivalents. anyone else care?
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YowieFreak
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« Reply To This #1 on: October 02, 2011, 02:50:04 PM »

Teams track loans made. If I make a $100 loan does it count as one or as four? If I make two separate $25 loans to same borrower, do they count as one or two loans?

A single $100 loan made by a Lender is accredited to the team as a single loan of $100.  Two separate $25 loans by the same Lender to the same Borrower is accredited to the team as a single loan of $50.  (And also appears that way in the Lender's portfolio.)

Quote
I'd like my team credited with one loan per $25 advanced. Maybe call it loan equivalents. anyone else care?

The "Total Amount Loaned" shown on the team pages is exactly 25 times what you describe as "loan equivalents".
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KyRoamer
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« Reply To This #2 on: October 10, 2011, 05:51:47 PM »

A single $100 loan made by a Lender is accredited to the team as a single loan of $100.  Two separate $25 loans by the same Lender to the same Borrower is accredited to the team as a single loan of $50.  (And also appears that way in the Lender's portfolio.)

The "Total Amount Loaned" shown on the team pages is exactly 25 times what you describe as "loan equivalents".

Right, but that takes doing math. The actual loan count is really meaningless. Loan equivalents would be more meaningful. Just my opinion - there seems no huge groundswell of support.

I'm saving my good ideas for my interview with Apple for the Steve Jobs position. Cheesy
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