star dust
Member of DD Central
Posts: 2,998
Likes: 3,531
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Post by star dust on Jan 20, 2018 6:53:14 GMT
To be honest, l've had it at 250,250,50 for most of the time since they changed the auto lending system a few months ago . The max l usually get at that setting is £5 per loan and the odd higher amount for bespoke business loans which l'm not that keen on. Even setting it now at £1k the most l get for the provision/gold trust loans is a few pounds higher. Not sure how effective putting the auto lend settings higher makes to amount lent out. Increasing the targets may make little difference if you don't actually have the cash in your account, or do you leave £1k in your account each day? Your allocation will be a combination of your targets and your cash balance - see this post by dan1 for a very educated guess on the allocation formula. I think I should be claiming the hard done by randomless prize for yesterday, only got three loans (I note one was likely random allocation and I didn't get any), total lent £21 target for gold trust loans £100, cash in account £350 .
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Post by beeje13 on Jan 20, 2018 7:08:02 GMT
£10, £10, £0. 😂😂
£20.32 lent yesterday over 4 loans.
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jcb208
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Post by jcb208 on Jan 20, 2018 7:49:07 GMT
I managed £67 over 4 loans yesterday but am quite new to unbolted so possibly that is why
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n
Member of DD Central
Yet another Nick
Posts: 879
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Post by n on Jan 20, 2018 10:47:14 GMT
£68 over 3 loans. 1000/1000/200. £855 on account. (£92 repaid from 3 loans).
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registerme
Member of DD Central
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Post by registerme on Jan 20, 2018 19:14:19 GMT
£68 over 3 loans. 1000/1000/200. £855 on account. (£92 repaid from 3 loans). £21 (rounded up) over three loans, none of which were Willy Wonka golden tickets. 100/100/50. ~£1200 on account. Nothing repaid. Anybody want to take a stab at reverse engineering the algorithm?
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Post by df on Jan 20, 2018 19:52:16 GMT
£68 over 3 loans. 1000/1000/200. £855 on account. (£92 repaid from 3 loans). £21 (rounded up) over three loans, none of which were Willy Wonka golden tickets. 100/100/50. ~£1200 on account. Nothing repaid. Anybody want to take a stab at reverse engineering the algorithm? £20 over 3 loans. 600/650/40. £80 on account. £20 repaid from 3 loans. Very interesting to compare
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star dust
Member of DD Central
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Post by star dust on Jan 20, 2018 22:34:10 GMT
Anybody want to take a stab at reverse engineering the algorithm? I'm not sure that's necessary, I think dan1 's theory holds true Here's my guess... Some prerequisites first: Lenders Maximum = minimum of AutoLend setting and available cash balance - calculated for each lender Total Lender Funds = sum of Lenders Maximum Initial Allocation = number of investors x £5 If Loan Value < Initial Allocation then operate random allocation system, otherwise.... Lender Allocation = £5 + (Lenders Maximum - £5) * (Loan Value - Initial Allocation) / (Total Lender Funds - Initial Allocation) Just for fun - the four lowish value loans were: 1 | £4,371.50
| 0.65%
| 2 | £5,153.98
| 0.65% | 3
| £2,132.70
| 0.65% | 4 - assumed random £5 allocation
| £1,197.82
| 0.85% |
and I think dan1 's formula explains our allocations - I've highlighted the ' Lender's Maximum' that would've applied to each loan (which would've been slightly variable with repayments and loan allocations), and I've included my rough guess' at money on account for those who didn't give it. Thanks all for sharing. User
| Allocation*
| PF target
| GT target
| Business target
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| On Account
| My Guess
| df
| £21
| £600
| £650
| £40
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| £80
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| registerme
| £21
| £100
| £100
| £50
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| £1200
| -
| sannytwist
| £20
| £1000
| £1000
| £20
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| ?
| <100
| n
| £68
| £1000
| £1000
| £200
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| £855
| -
| hantsowl
| £27.31
| £200
| £200
| £15
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| ~£500
| -
| archie
| £36.79
| £350
| £350
| £75
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| £1353
| -
| beeje13
| £15.32
| £10
| £10
| £0
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| £32.88
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| star dust
| £21
| £500
| £100
| £50
|
| £350
| -
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* £5 deducted from total where 4 loans allocated registerme - you need to up your targets if you want to avoid that cash-drag Edit: Table updated with additional information supplied subsequently - thanks
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Post by beeje13 on Jan 20, 2018 22:49:42 GMT
£32.88 on account by close of play yesterday. No repayments.
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hantsowl
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Post by hantsowl on Jan 20, 2018 23:58:02 GMT
I tend to keep ~£500 on account most of the time.
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archie
Posts: 1,838
Likes: 1,842
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Post by archie on Jan 21, 2018 7:07:42 GMT
My allocations were :-
Loan 2DFDC4492: £14.38 Loan 2DFDC4497: £16.04 Loan 2DFDC4498: £6.37 Loan 2DFDC449A: £5.00
I had £1353 in the account prior to the run. No repayments that day.
I usually add £1000 whenever the balance drops below £500.
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IFISAcava
Member of DD Central
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Post by IFISAcava on Jan 21, 2018 8:54:15 GMT
Works for me - I had more than n's applicable maximum using the formula (lesser of per loan maximum and available balance) and got proportionally more than n.
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registerme
Member of DD Central
Posts: 6,204
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Post by registerme on Jan 21, 2018 11:10:42 GMT
registerme - you need to up your targets if you want to avoid that cash-drag Cash drag bothers me less than simply getting invested, but yes, I was considering that anyway, I've been on the platform long enough now that I am getting more comfortable with it .
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Post by df on Jan 22, 2018 20:55:47 GMT
Anybody want to take a stab at reverse engineering the algorithm? I'm not sure that's necessary, I think dan1 's theory holds true Here's my guess... Some prerequisites first: Lenders Maximum = minimum of AutoLend setting and available cash balance - calculated for each lender Total Lender Funds = sum of Lenders Maximum Initial Allocation = number of investors x £5 If Loan Value < Initial Allocation then operate random allocation system, otherwise.... Lender Allocation = £5 + (Lenders Maximum - £5) * (Loan Value - Initial Allocation) / (Total Lender Funds - Initial Allocation) Just for fun - the four lowish value loans were: 1 | £4,371.50
| 0.65%
| 2 | £5,153.98
| 0.65% | 3
| £2,132.70
| 0.65% | 4 - assumed random £5 allocation
| £1,197.82
| 0.85% |
and I think dan1 's formula explains our allocations - I've highlighted the ' Lender's Maximum' that would've applied to each loan (which would've been slightly variable with repayments and loan allocations), and I've included my rough guess' at money on account for those who didn't give it. Thanks all for sharing. User
| Allocation*
| PF target
| GT target
| Business target
|
| On Account
| My Guess
| df
| £21
| £600
| £650
| £40
|
| £80
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| registerme
| £21
| £100
| £100
| £50
|
| £1200
| -
| sannytwist
| £20
| £1000
| £1000
| £20
|
| ?
| <100
| n
| £68
| £1000
| £1000
| £200
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| £855
| -
| hantsowl
| £27.31
| £200
| £200
| £15
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| ~£500
| -
| archie
| £36.79
| £350
| £350
| £75
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| £1353
| -
| beeje13
| £15.32
| £10
| £10
| £0
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| £32.88
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| star dust
| £21
| £500
| £100
| £50
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| £350
| -
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* £5 deducted from total where 4 loans allocated registerme - you need to up your targets if you want to avoid that cash-drag Edit: Table updated with additional information supplied subsequently - thanks This sample proves that dan1 educated guess is correct, I had no doubt A simplified formula is: up your target + up your idle funds = greater allocations. Unlike for many other platforms, I'd like to increase my holding in UB, but having a constant idle 1k instead of £100 in order to triple your daily allocation doesn't look as an efficient strategy.
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star dust
Member of DD Central
Posts: 2,998
Likes: 3,531
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Post by star dust on Jan 22, 2018 21:53:09 GMT
This sample proves that dan1 educated guess is correct, I had no doubt A simplified formula is: up your target + up your idle funds = greater allocations. Unlike for many other platforms, I'd like to increase my holding in UB, but having a constant idle 1k instead of £100 in order to triple your daily allocation doesn't look as an efficient strategy. In terms of efficiency looks like beeje13 did best with 47% of idle funds invested or 62% if you include the lucky random. So small is beautiful at Unbolted, but would be BH's have to put up with inefficient lending, and hope for a few lucky strikes in the occasional larger loans I guess - it's tough out there
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Post by beeje13 on Jan 22, 2018 22:05:16 GMT
Aye, UB is perfect for me. In fact it's made me question why I bother with other P2P sites, especially the higher risk ones.
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