Each our portfolio strategies outperforms the Lending Club and Prosper ROI. Below are the numbers gathered as of December 31, 2016.
Flux Robot Overall: 8.68% ROI
Lending Club: 6.96% ROI
Prosper: 5.70% ROI
Below is some of the statistics that we've reviewed to determine our different portfolios.
Everyone has a reason to take a loan. Some loans, like small business loans, have a 12% loss rate. Most loans are to consolidate debt, or to pay off credit cards.
The more frequently an inquiry is requested by a financial body, the higher the potential loss rate for that loan. A majority of loans have 0 inquiries in the past 6 months.
The grading system is similar to any other loan company where they compare various factors such as FICO score. The two most common grades are B and C.
Most completed loans are fully paid off before their loan repayment period ends. A majority of the time, these loans are paid off within the first 12 months.
Flux Robot is an automated investing platform for Lending Club. We have years of research in determining which loans are most likely to be paid off, while delivering the highest return rates as possible.