If you are like me and follow more than one strategy for picking loans, it really helps to categorize your loans on Lending Club into named portfolios. The biggest advantage being that Lending Club will independently report how each portfolio is performing. If you aren't familiar with this feature, look carefully at the page displayed after placing an order for a loan. There is a box that allows you to categorize the loans just

I am happy to announce that the Smart Peer Lending Loan Recommendations Newsletter is now available. Each morning our loan recommendations engine scans the new loans open for new investment on Lending Club and passes them through our proprietary selection criteria. Loans that pass are emailed out to subscribers in a format that makes investing simple and fast. Its the same information presented on our Recommendations pages. But each Newsletter includes

After a significant amount of research, development and testing, results of the default prediction algorithm are now publicly available in the form of Lending Club loan recommendations. This post will discuss how the recommendations are constructed and how I use them to keep my portfolio fully invested with the best loans available. Recommendation Pages Visiting the Tools page on this site ( Smart Peer Lending Tools

In my last post of this series ( Improving Investment Returns Using Default Prediction ) we saw how a very simple strategy (investing in every high interest rate loan) combined with our default prediction algorithm yields pretty good returns. But how does this compare to a more sophisticated strategy crafted through a lot of tuning and back testing? This post will look at one specific example. Used on

In the last post of this series ( Improving Investment Returns Using Default Prediction ) we saw how a very simple strategy (investing in every high interest rate loan) combined with our default prediction algorithm yields pretty good returns. But how does this compare to a more sophisticated strategy guided by common sense and manual tuning? This post will investigate one specific example. The Challenger