Tuesday, May 28, 2013

monthly update

Net annualized return: 10.89%
Lending Club average net annualized return: 9.40%

My default rate: 3.71%
Lending Club default rate: 3.28%

My late rate: 2.10%
Lending Club late rate: 1.15%

2 comments:

  1. Hi Lenny,

    This is Stuart, Sebastian's dad. Been following your blog and thanks for sharing. Interesting to have a higher default and late rate than average, yet achieve a higher return rate.

    How do you calculate your returns? As reported by LC? On a note by note basis?

    Be well,
    -Stuart

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    Replies
    1. I am using the return rate reported by LC. I am a bit concerned about my late and default rates lately. They have been climbing badly. I want to know why this is happening, but I haven't been able to find a pattern yet.

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