I have my own API that I wrote last year that uses about 20 criteria for choosing a loan. These criteria were chosen to try to find borrowers with good payment history and solid (and higher) income. I made an attempt to backtest the criteria, but in the end I think most are fairly common sense. Since the criteria are very restrictive, I will on average only 1-5 loans purchased per day. However, since it runs more or less constantly, I don't really have to think much about it.
What's the span of loan interest rates (constant over time where letter grades are not) in which you have invested? - I have only invested in loans with expected returns over 4.3%. I don't know the breakdown off the top of my head, but the distribution of loans is probably centered around a B/C loan.
What are the percentages of 36 and 60 month loans you own?For quite a while I ignored term, but since April I have wanted to slow the growth in the account, so I only purchase 3 year loans. This gives me slightly better liquidity and monthly cash flow should I need it.
How are you measuring >10% returns? I haven't donw any fancy analysis. My Annualizsed Net Returns is 11.34% and Seasoned is 10.98%. Lending Robot tells me my expected is 9.67%. My back of the envelope calculations that I did at the end of June tell me that I have made over 5% on my average balance in the first half of the year
How much difference did you see on your web account summary page in "Annualized Net Returns" before and after Prosper fixed the bug they found in their computation of this metric?I don't recall a difference, but I had just started seeing that metric a couple of months prior, so I really hadn't paid too much attention
Finally, what were your thoughts when Prosper took away your ability liquidate your portfolio via FolioFn?Not something I ever looked into. Of course I would prefer to be able to liquidate, but my preferred use of the platform is to create a constant cashflow
Since my average note is only 5-6 months old, my experience certainly could change as they mature. Right now though, I am very happy with the platform.