Author Topic: Best Filter for Notes on Prosper  (Read 1317 times)

reidy83

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Best Filter for Notes on Prosper
« on: December 16, 2016, 06:28:40 PM »
All:

I'm curious to find out from the faithful what is the number one criteria or filter that you use for Prosper and LC.

I used to use a number of filters and programs to see which would yield the best results. I have hit or missed on a bunch of them but nothing has been consistent except for one. In the past two years, my one and only filter that I have been using is "Previous Prosper loans". I look at borrowers that have successfully paid their loan off and do not have one currently and my results have steadily increased. In fact, my portfolio has gone up almost a full percentage point while my LC returns have dropped a full point over the same time horizon. I have been clamoring for this same type of filter at LC but I'm not getting to the right people or they are just not interested in adding this filter.

I know there are folks who frequent this site who may be able to do some backtesting to validate what I have experiencing. If the results are higher than a typical investor then hopefully we can get a few more people to reach out to LC and see if they can add this filter.

Thanks


neals384

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Re: Best Filter for Notes on Prosper
« Reply #1 on: January 31, 2017, 11:58:56 PM »
A search through Peter's old blog posts wil turn up more than one extolling the virtue of repeat borrowers.