FIsave, I have been investing with Harmoney for about 18 months, but 3/4 of my funds went in about 8 months ago. These are my statistics top row is A's, second row B's etc. Net interest being gross less fees and charge-offs:
spread of net interest |
spread of investments |
Difference |
14% |
20% |
-6% |
33% |
40% |
-7% |
16% |
15% |
1% |
14% |
10% |
4% |
16% |
10% |
6% |
6% |
5% |
1% |
|
|
Probably too early to tell yet since write-offs are apparently loaded towards the first 18 moths of a loan, but looking like F's aren't worth the risk, A's and B's under perform in a buoyant economy (but what would happen in a recession?) and E's give the best return. But still early days yet for my statistics.