Harmoney

[joker]

No jump for me. My recoveries are currently sitting at 1.25% of charged off principal.

How is everyone else looking?

Big jump in recoveries in the last week or so.

Charge-offs = 11.6% of gross interest
Recoveries = 6.6% of charge-offs

I haven't invested for over 2 months and am winding down my loan book with Harmoney completely due to the lack of loans, the poor quality of many borrowers, the questionable loan details that Harmoney provides and the time and effort necessary to find loans and vet them for investing. The returns are not worth the effort.