Your level of distressed loans relative to all interest

90% for me. That would roughly halve if I get half the Exeter capital back. I started Mid 2015 and sold my last saleable holdings around April 2018.

The same point I raised... the suggestion part-way down the thread was to use "cannot be put up for sale" as the dividing line between "distressed" and "not [yet] distressed", but it's unclear what definition some other contributors are using, making it hard to be sure that we're comparing like with like.

I'm sure a lot of people are.

'Distressed' is not the same thing as 'not likely to pay back 100%'. It just means that the risk profile of the loan has changed adversely from what was originally stated.

If you want to take a different interpretation that is fine, just apply it in the same way to other platforms and see your results. Comparing to other people is not as meaningful as to your own portfolio.

On these measures Lendy is the worst platform for me by a long way. Other platforms such as Funding Secure/Funding Circle/Assetz have even more incompetent defaults, but on these platforms the amount of deals there has balanced it out. I am fairly certain this will be the case for the rest of you with 200%+ ratios.

That seems to me to be the biggest problem with Lendy. Around a year ago, some of the very big projects they have done have started to go sour and there has been very little to balance it out. The people with foresight sold ahead of the curve, but a large amount of people were stuck.

We all would have been in a better position had there been numerous smaller projects to balance out the bad ones.

I can't see why the origination has been so poor over the last year. By all accounts Funding Secure have many times less the resources of Lendy but they are pushing out loans. Assetz and Kuflink also have plenty of business.

As 70% of my loan 'value' is IA and the other 30% has too long a queue to attempt to sell I'd say 100% of my capital is distressed. I'll be lucky if I draw £100 in interest this month, that's about 2.5%

Snap! ganymede, you are right on the money.

My outstanding loans / all interest and bonuses received is 93%, so I'm won't be making an overall loss on Lendy. I feel sorry for the people here who ended up with 200 or 300% ratios. However, as others here have said, there's Collateral too, and when you bring them into the picture, it looks rather worrying. I'm still not sure that I'm going to have made any profit at all from P2P after 2.5 years investing.