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Post by rahafoorum on May 15, 2016 10:48:33 GMT
Obviously you are right, thank you for pointing this out! I've now updated filter to exclude Rescheduled loans completely. I don't know if there is any way to check payment morale of rescheduled loans. I think documentation in API is missing these details (as how are data fields treated on reschedule). Usernames will be updated of course... Perhaps you could add mark-up percentage as well?
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carlos
I'm short Bondora and long p2p.
Posts: 104 
Likes: 21
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Post by carlos on Jun 3, 2016 11:36:12 GMT
There is now new feature on BondPicking.com - Benchmark of different grades and countries.
http://Web-Site up for sale, link disabled/benchmark.php
It is basically scatterplot of past transactions plotting each Markup (y-axis) and XIRR (x-axis) pair. Using form select you can compare loans (called by their LoanNumber) and also view subset of loans filtered by Rating and Country.
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carlos
I'm short Bondora and long p2p.
Posts: 104
Likes: 21
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Post by carlos on Jun 4, 2016 10:34:54 GMT
Perhaps you could add mark-up percentage as well? Don't you think mark-up is overrated as a factor? I mean yes there is small possibility of early repayment, but its probably single digits % risk for whole loan lifetime. Leaving aside early repayment I think its just XIRR that matters. Much better would be if Bondora allowed to price in exact XIRR IMHO. It would allow more flexible pricing. Currently prices "stick" to psychological barriers and round numbers (5, 10% etc.)
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Post by rahafoorum on Jun 4, 2016 20:40:32 GMT
Don't you think mark-up is overrated as a factor? I mean yes there is small possibility of early repayment, but its probably single digits % risk for whole loan lifetime. Leaving aside early repayment I think its just XIRR that matters. Not really. Yes, there's risk of early repayment, but there's also risk of default and tax considerations in instances where you're not allowed to discount this cost of purchase from tax (like private individuals in Estonia). In addition, the XIRR is relatively meaningless for overdue/defaulted loans for making investment decisions. For example, if it goes over 1 day, XIRR drops by that payment, while actually 1 day overdue means practically nothing in terms of whether the loan goes into payment difficulties or not. Although I personally don't care about purchasing at all at the moment, since I'm exiting, but even if I wasn't, I'd still not buy because DCA fees are not accounted for properly and I don't really like buying air. The mark-up has even more meaning for sales, like I am doing. Though it's probably too much work for me to actually bother looking at the figures for each loan, since it's not worth the time spent 
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