[PhilGD]

I'm a big fan of the Lending Robot app for iOS and I check it regularly. One feature I like about the app is the forward-looking return, which I assume is calculated using a proprietary Lending Robot model.

As of yesterday, the forward looking return on my account was 10.88%. Today I logged on and the number was down to 8.96%. I was surprised to see such a large variance between one day and the next. Any idea what might be going on? My ANAR reported by lending club has not changed significantly recently. The LR app shows that I've had 4 notes become late and 2 charged off since my last visit. The size of my portfolio is approx 1,000 notes.

[TravelingPennies]

I checked again last night and the forward-looking return is back above 10%. Perhaps this was a temporary fluke?

[Emmanuel]

Well diagnosed, it was a fluke on our part, as we're improving the way we calculate expected returns.

Sorry for the scare!