Even the average returns from p2p investing are appealing to many investors, especially in a low interest rate environment. However, one of the great things about investing in peer to peer lending is the availability of historical data. If you’re a self directed investor there are a few simple filters that could potentially outperform average returns over time. In this post, we’ll outline simple filters for both Lending Club and Prosper.
We are backtesting data on each platform using the beta version of NSR Platform’s new code base (version 3.0), which will officially launch in the first quarter of 2016. These filters are an update from our 2012 post and take into consideration recent loan performance. It’s important to note that Lending Club and Prosper adjusts interest rates over time so while these strategies have performed well in the past, this may not be the case in the future. [Read more…]