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Post by newlender on Oct 30, 2018 5:44:43 GMT
I have 25 non-safeguarded defaults in my ISA. 13 of them are C1 borrowers, so >50%. Is anyone else seeing this phenomenon?
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aju
Member of DD Central
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Post by aju on Oct 30, 2018 6:51:43 GMT
Isa has 50% exactly of 32 total defaults
Seems there 13 of 31 collections and 5 of 12 arrangments too!
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benaj
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Post by benaj on Oct 30, 2018 7:36:55 GMT
I have 25 non-safeguarded defaults in my ISA. 13 of them are C1 borrowers, so >50%. Is anyone else seeing this phenomenon? Without knowing the expected default in your portfolio, I can't say whether 50% of your current defaults is relatively high in the short term. www.zopa.com/lending/risk-marketsAs today, after selling all my active loans in Zopa plus, I have 32 defaults, and 8 of them are C1, within the expected region, as I was expecting 10. p2pindependentforum.com/post/257237/thread
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Post by newlender on Oct 30, 2018 9:24:46 GMT
One explanation might be that C1 is present in both Core and Z+ - my portfolio is 90%/10% but of course that's not relevant; I originally thought it might give me more protection, hence my original post.
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benaj
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Post by benaj on Oct 30, 2018 11:44:28 GMT
Well, I share my A-C defaults in my Zopa Plus.
A* = 0
A1 = 2
A2 = 2
B = 2
C1 = 8
So, A*-B defaults is 6 while C1 defaults is 8, hence C1 defaults > 50% is expected if you have very few or zero D/E market exposure.
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jeremy12
Member of DD Central
Everything's frozen
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Post by jeremy12 on Oct 30, 2018 12:34:21 GMT
That looks about the right spread based on credit profile
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paulo
New Member
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Post by paulo on Nov 2, 2018 10:59:36 GMT
I have 25 non-safeguarded defaults in my ISA. 13 of them are C1 borrowers, so >50%. Is anyone else seeing this phenomenon? tnks for prompt to update. posted here & wrote to Zopa in sept 17 when concerned several new ISA C1's already in Collections. No satis.explan. - so decided not to invest further & still wondered if some should have rightly been D's? Now have 15 Defaults + 5 Collects (actually pending Defaults) & 1 Arrange`t : of which 13/21 are C1's ie 62% Shared evenly in Core & Plus - although investment spread 1/3rd former v 2/3rd latter. Repeatedly return to net interest of £170 approx & just hope that repeated assurance of improvement from 18mths / jan 19 onward is a reality?? 0therwise it will be a min. £290 loss ie 5.82% with some repayment to offset further loss. However... 14 / 21 are 4 & 5 yr loans : so its going tobe a long road to recovery!! wish u luck.
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