Are we going to see 10%+ loans in the near future?

£8.26 here too - fully-diversified penny jar here we come!

I'm not surprised that there has been no answer to this rather combative set of questions. Any one who attempts to take a less than critical line in explaining the mechanics of that platform is liable to be accused of being an AC stooge. But here goes
Once upon a time AC would announce a loan was coming up so lenders could transfer money on to the platform in readiness, as it was first come first served in those days. There was no QAA so money sat waiting idly while documents were prepared and (sometimes) lenders undertook their own due diligence. This caused much frustration as the delay was either too long or too short; depending on lenders speed of reaction in moving their money and lodging their bid. The loans were often small compared to some more recent offerings and people were often disappointed in their allocation. Underwriters were used to ensure the loan was successfully launched on the day, and, naturally, suspicion and envy was occasionally expressed about their privileged position.
Fast forward to today: AC announce loans are coming well in advance of the launch in response to complaints about a lack of time to move funds. Even better; there is an account provided; paying a competitive rate where lenders' money can luxuriate until needed. Underwriting is provided at no cost to the platform or lenders by many depositors who are happy just to earn 3.75% and have no intention of competing for a share of the loan. The loan is initially underwritten by the QAA and then distributed in an orderly fashion to those who make a bid and have money available. The fact that the initial share can be so small is a measure of the demand that this model has created.
The only thing that hasn't changed is the queue of lenders who want to tell AC how they really should be running the platform. I've always thought that this freely given feedback is great for the platform, as without these active lenders it doesn't deserve to be called p2p. I think AC have changed their operations taking into account the feedback/complaints received, when it fitted their business plan, and will no doubt continue to do so in the future.
I do still have money in the older loans, none at the new lower rates, and I do have a modest share holding in the company.

About a year ago, I also started to pull money from AC as old MLIA 12% loans repaid, having been with AC since the early days.  I withdrew so much that at one point I was at 25% of my peak AC holding.  But I have since started shifting money back into AC (back up to about 40% peak, and climbing), and specifically onto 7-8% loans and also into the QAA and 30DAA.  I've done this because I get the sense that more and more risk has to be taken by lenders to get 10%+ return, compared to even 12 months ago.  You only have to look at AC borrowers who are refinancing with AC from 10% down to 8% to see this.  It is not merely "smart" borrowers being canny with AC - it's where the credit market has shifted.  In many loans @ 10%+, the risk/reward just seems out of kilter to me, now.

Further to that, whilst I might have a lot of confidence in AC recoveries (even if they may take years), I am not so confident other platforms can achieve the same levels.