New Chart: Lender Demand
I’m working on a new chart, lender demand. The way I determine lender demand is by the average days it takes for loans to fund. I have drawn the conclusion that lower funding time indicates
Month: September 2011
Stocks Vs. P2P Lending: Size
P2P lending platforms have made about 650 million dollars in loans. But I believe a more accurate comparison would be the amount of outstanding principal. After all, we don’t measure the stock market by how much cash has flowed through it. Lending Club: $249,717,298.43 outstanding
Using Variance and R-value to Determine ROI Impact
If a loan filter doesn’t have a significant impact on ROI, but reduces the number of loans you can invest in, it would make sense to avoid that filter. Likewise, you want your loan selection strategy to have filters that have a large impact on
Introducing SMAP – Secondary Market Alternate Portal
The SMAP (Secondary Market Alternate Portal) allows investors to see Lending Club notes from FolioFn in a new light. The Folio platform as-is, is not very useful. It’s slow, and does not have many search options. Anyone who has used it for more than a
What is the “Loan is being issued” Status on Lending Club?
My daily import scripts detected a new status that they have never encountered before: Loan is being issued Lending Club does not publish a detailed API like Prosper does so I didn’t know about this status, and in fact it may even be new (See
Looking for ROI Trends by Loan Description
While browsing Lending Tuber a while back I noticed a post in which a gentleman talked about research his company was doing. He mentioned the use of keywords in the loan description to asses risk, thus impact on ROI. I sent an email out to
Should You Avoid Borrowers Based on State?
Over the weekend I added a new table to the Lending Club ROI overview, the borrower state. In the past this is something I never considered a factor. I knew Lending Club included this in its loan filtering, but I simply looked at it as
Prosper vs. Lending Club Data
Import Process Importing Prosper XML data into Nickel Steamroller has been completed. The data will be updated daily at around 7am CST. Prosper allows two options for data export, full and differential. The full public download is over 500 megabytes (include the private and we are
In-Funding Loan ROI Estimate
Nickel Steamroller now has estimated ROI included on the In-funding loan application. This was an interesting challenge, and is by no means complete… It’s only a beginning. Consider this situation: Two loans, identical for every
Introducing Nickel Steamroller Labs
There is a new link on the main site navigation, Lab. Labs serves as an entry point to software created for developers and investors to help integrate data from P2P lending platforms into custom applications.
