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Author Topic: The G5 Top of The Line Super AI Underwriting Model ??

R
  • Posts: 484
The G5 Top of The Line Super AI Underwriting Model ??
OP: December 13, 2017, 12:00:00 AM
Even though I no longer invest in LC notes I continue to run my auto-invest program.
I tell it to invest nothing but it provides me with its score for each A-C loan versus LC's interest rate and PD.
For example LC scores this loan (Loan ID: 125714162) as a B1, 9.44% APR.
See: https://www.lendingclub.com/browse/loanDetail.action?loan_id=125714162&previous=browsehttps://www.lendingclub.com/browse/loanDetail.action?loan_id=125714162&previous=browse
Very curious so I'd love to hear from others regarding their valuation of the loan. Hey, it's only 54% funded so there's still time if you're a buyer.
I see stuff like this every day.
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j
  • Posts: 143
The G5 Top of The Line Super AI Underwriting Model ??
#1: December 13, 2017, 12:00:00 AM
My opinion is: n/a
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j

jd

  • Posts: 22
The G5 Top of The Line Super AI Underwriting Model ??
#2: December 17, 2017, 12:00:00 AM
I'd never get that loan. They make 12K but are looking to borrow 9.7K.  Feels like trouble.

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  • *****
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  • Sr. Member
  • Posts: 368
The G5 Top of The Line Super AI Underwriting Model ??
#3: December 18, 2017, 12:00:00 AM
Some notes for RobL (who has become feisty):

- The G5 Super AI Underwriter was fired after it passed its turing test and demanded non-stock-based-compensation.
- It was replaced by the Quantum Blockchain AI Underwriter, which has a better poker face (and assigns two grades).
- LC is now working with Tesla on a joint 5G IoT Machine Learning initiative for auto loans (for new, 'self-buying' cars).
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j
  • Posts: 15
The G5 Top of The Line Super AI Underwriting Model ??
#4: December 18, 2017, 12:00:00 AM
when their job is n/a what does that mean? They are unemployed, or too lazy to fill out the application?
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