Harmoney

[Saamee]

Maybe the new fee structure a few months back from harmoney is dragging rar down too.

Personally I never accepted the new T & C's with the 1st Fee change.... Not invested new $$'s here for what... 18 months now..... ( Got you PM ok will do )

[Saamee]

Personally I never accepted the new T & C's with the 1st Fee change.... Not invested new $$'s here for what... 18 months now..... ( Got you PM ok will do )

Latest RAR

RAR.jpg

[permutation]

Anybody else find there RAR graph has been steadily trending down lately?
I have invested since Oct 2015 and I thought RAR should have stabilized by now however it isn't.

I started March 2015, had a period of falling RAR while shaking off most of the E and F defaults.
Have re concentrated my lending to a very narrow range in the mid grades several months ago and my latest RAR has increased to 14.51%

I have had an all-time loan total of over 1550 and 29 Charge-offs. Approx. 46% of my loans have been repaid but I actively pursue new loans with the spare cash.

Attachment 9316

[Timmay]

Hi all, first post here. I've opened an account as in the last few years I've got more serious about making my money work for me and being able to retire at 55 (my goal) which is 24 years away for me. Below is my RAR, circa $2000 invested initially all interest reinvested with top ups to nearest 25$, now about $3k --- no arrears or write offs. I'm looking at branching out into shares and other P2P platforms. My goal is 10-12% returns due to the time I have available.

20171206_111008.jpg

[RMJH]

MY RAR is declining - down about 50 pips even with a slight increase in risk profile (no longer investing in As). Fees are up and rates down but also my charge-offs are climbing. As I posted a while back, according to Zopa in the UK these have been at historical lows in the last few years and are expected to increase in that market. It appears that Harmoney see it differently over here and reduced rates following a period of lower than expected charge-offs. I'm picking returns will continue to reduce but accept that we had it very good for a while with low fees and low charge-offs.

[alistar_mid]

Rar.jpg

heres mine

spikes at beginning are cause I invested another $50k 3 months in

rare stabilized slowly going down if anything, but like a lot of people my defaults are E's and F's, and I'm making sure my reinvestments are B,C,D avoiding the E's and F's

[Entrep]

Anyone know what this article is all about? https://www.nbr.co.nz/article/joke%E...ng-cs-p-210923

[777]

Anyone know what this article is all about? https://www.nbr.co.nz/article/joke%E...ng-cs-p-210923

Behind pay wall.

[alistar_mid]

Behind pay wall.

yes, give us some screen grabs

[Cool Bear]

I always thought that my writeoffs (or charge off) as a percentage of gross interest is very high at 21.1% (20.8% after recoveries). That was because my spreadsheet estimated it as just below 10% based on Harmoney's figures. However, I just noted that based on Harmoney statistics today - total charge off $19,076,967 and total interest paid $86,179,074 (10 Dec), the actual overall ratio is a very high 22.14%. So mine is actually below the average!!