Quote Originally Posted by Darchie View Post
Loan investments $106,075.00.
Charged-off principal 1,951.80.
Have 490 loans paid off ... and 117 in arrears...
with dashboard showing arrears as $229.40 but it's hardly a figure that can be relied upon.
Have 1636 active loans
All loans 2179
Have certainly changed where i take notes.
Am thinking it could well be far too easy for people that have no good intensions of repaying loans, to obtain money through harmoney . ..
But there's still a lot in this mix that are plugging along nicely with regular payments.
Darchie
Thats about a 1.8% default rate based on your charge offs. WHat loan grades do you typically invest in as that is high compared to the predicted figures on Harmoney. Unless of course your portfolio is mostly higher risk grades.