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Post by kl on Dec 6, 2019 9:39:44 GMT
I had a look at my completed loans on PeerBerry (My investments, Finished Investments, Download selected investments).
On the web site, Term is shown as Late or a number, which I interpret as being repaid early.
In the download file, Term is always a number either positive or negative.
From my over 1500 completed loans less than 30 where repaid by the deadline and almost 600 after -60 days (buyback I guess).
Is this performance expected/acceptable?
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benaj
Member of DD Central
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Post by benaj on Dec 6, 2019 11:29:07 GMT
I am satisfied the loan performance so far. My XIRR (after 60 days) is similar to other reviewers performance.
My small sample of 16 short term loans repayment, average repayment time is 29.5 days. 4 repaid after 31 days and 2 repaid before 21 days. The longest repayment time is 57 days.
Actual NAR of a 12% loan contract is 12.84%
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