Pricing

Annual Subscription Fee
0.25%

Liquid P2P charges users a subscription fee calculated at an annual rate of 0.25% of your Liquid Notes.

This includes only the portion of your principal invested on your behalf by Liquid P2P. It excludes pending amounts, available cash, loans in default, or any remaining principal invested outside of Liquid P2P.

More on fees and billing

Liquidation Costs

Liquid P2P will apply the following fees, adjustments, and discounts depending on the automated liquidation method user selects. These costs are separate from any outside fees charged by Lending Club and Folio Investing.

Liquid Match Fee
1% fee for any note sold through a standard Liquid Match transaction. Billed to monthly statement when applicable.

Liquid Match +Plus Fee
2% fee for any note sold through the Liquid Reserve Pool. Billed to monthly statement when applicable.

Fair Price Adjustment
When trading notes between users, we calculate a fair price to ensure both sides of the transaction get the same yield to maturity. If interest rates have gone up, this adjusment (which usually amounts to a few cents) contributes to the overall cost of liquidation.

Reserve Discount
As an incentive for users to contribute funds to the Liquid Reserve Pool, we discount any notes liquidated through the reserve by 1.5%. When applicable, this discount contributes to the overall cost of liquidation.

More on liquidation options

Get started today: Free 90-day trial
Full access to our automated investing features. No credit card required.