P2P Lending / NFT Lending Forum

Lending Club Discussion => Investors - LC => Topic started by: Rob L on December 12, 2017, 11:00:00 PM

Title: The G5 Top of The Line Super AI Underwriting Model ??
Post by: Rob L on December 12, 2017, 11:00:00 PM
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.
Title: The G5 Top of The Line Super AI Underwriting Model ??
Post by: jheizer on December 12, 2017, 11:00:00 PM
My opinion is: n/a
Title: The G5 Top of The Line Super AI Underwriting Model ??
Post by: jd on December 16, 2017, 11:00:00 PM
I'd never get that loan. They make 12K but are looking to borrow 9.7K.  Feels like trouble.

Title: The G5 Top of The Line Super AI Underwriting Model ??
Post by: Peter on December 17, 2017, 11:00:00 PM
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).
Title: The G5 Top of The Line Super AI Underwriting Model ??
Post by: jrr6415sun on December 17, 2017, 11:00:00 PM
when their job is n/a what does that mean? They are unemployed, or too lazy to fill out the application?
Title: The G5 Top of The Line Super AI Underwriting Model ??
Post by: lascott on December 17, 2017, 11:00:00 PM
from: jrr6415sun on December 18, 2017, 02:35:16 AM
Title: The G5 Top of The Line Super AI Underwriting Model ??
Post by: TravelingPennies on December 17, 2017, 11:00:00 PM
from: lascott on December 18, 2017, 03:36:24 AM
Title: The G5 Top of The Line Super AI Underwriting Model ??
Post by: TravelingPennies on December 17, 2017, 11:00:00 PM
from: nonattender on December 18, 2017, 02:16:31 AM