Harmoney

[whitt]

And on the opposite side of reality LC continues to offer a faultless service, although there are very few loans to invest in,

[Saamee]

And on the opposite side of reality LC continues to offer a faultless service, although there are very few loans to invest in,

Have invested in 3 already today and 2 yesterday!

[kiwi_on_OE]

And on the opposite side of reality LC continues to offer a faultless service, although there are very few loans to invest in,

To be a little bit of a devil's advocate. LC isn't faultless. There was the example a few days ago that their start and end dates are inaccurate. I also think they get away with stuff because they provide so little information compared to Harmoney. Whereas Harmoney have a fair bit of info, so it's sometimes obvious when they have stuffed up. Of course Harmoney do stuff up more than they should.

[RMJH]

Have invested in 3 already today and 2 yesterday!

I have never really considered the others. How long do you think it would take to build a diversified portfolio of say 300 loans? cheers R

[Saamee]

I have never really considered the others. How long do you think it would take to build a diversified portfolio of say 300 loans? cheers R

Have been investing with LC for just over 10 months now and have a total of 210 Open and Closed loans.

Mixed with Squirrel and Old Harmoney loans.... Although the rate that they churn and Re-write it only takes a little over 6 months to get 50% of your funding back!!

Below is the breakdown of where my funding is placed today ( over 15 month total investing and readjusting >

persent.PNG

By the way no written off Capital over at LC ( yet ) a few arrears here and there but so far always got made good.

Squirrel has their 'Slush Fund' so even if a loan is written off it is still paid out to Investors!

Happy Days....

[Investor]

How is everyone structuring their loan risk grades for their portfolio? Most people I have come across seem to prefer going with loans around the D grade mostly for a higher return, assuming there is no large economic event. At the moment I'm considering structuring mine as 40% A, 30% B, 20% C and 10% D. (Currently it is mostly A/B with some C) I prefer to not lend at such high interest rates and also am happy with a stable RAR of around 12%.

Any comments on this grade structure or how you are structuring your portfolio?

[permutation]

How is every-one enjoying or (not) Auto-Lending.
I like it, investing when I'm out doing other things.

[CR111]

How is everyone structuring their loan risk grades for their portfolio? Most people I have come across seem to prefer going with loans around the D grade mostly for a higher return, assuming there is no large economic event. At the moment I'm considering structuring mine as 40% A, 30% B, 20% C and 10% D. (Currently it is mostly A/B with some C) I prefer to not lend at such high interest rates and also am happy with a stable RAR of around 12%.

Any comments on this grade structure or how you are structuring your portfolio?

I'm aiming for mine to be B - 10% ,C - 40% , D - 40% , E - 7.5% , F - 2.5%

That is spread out over a large number of loans. So far the RAR has stayed very stable.

[RMJH]

How is everyone structuring their loan risk grades for their portfolio? Most people I have come across seem to prefer going with loans around the D grade mostly for a higher return, assuming there is no large economic event. At the moment I'm considering structuring mine as 40% A, 30% B, 20% C and 10% D. (Currently it is mostly A/B with some C) I prefer to not lend at such high interest rates and also am happy with a stable RAR of around 12%.

Any comments on this grade structure or how you are structuring your portfolio?

I have averaged 13.6% over the last 18 months with a portfolio broadly evenly split A,B,C, and D. This is slightly above the platform rate though I built a lot of my volume during the period when fees were low. However, I can't see that a diversified portfolio of E's and F's would be much more profitable and therefore, for me, they are not worth the risk.

[RMJH]

How is every-one enjoying or (not) Auto-Lending.
I like it, investing when I'm out doing other things.

I'm a fan but would prefer a complete set of filters eg Defaults and Enquiries. I still read a few of the stories to get a feeling of the general level of quality of applications though of course this is a bit hit and miss. I am sticking with the old lending limits for now.