Tuesday, June 9, 2009

Lending Club: How do you compare?

Back in May, Lending Club announced a tool in development which would allow lenders to view their performance and compare it to other members. Over the weekend they rolled the feature out for all members. Here are some screen shots:


The Net Annualized Return measure used by Lending Club is calculated daily as a weighted average return on invested capital and is based on actual payments received to date.

I rank in the bottom 13% of all investors, primarily because I am very risk adverse, but my performance is still a respectable 7.39%. How do you compare?

3 comments:

F said...

8.45%... Based on performance over the past 1.5 years with them I will be adding new cash soon.

LendingKing said...

I have 2 accounts, the regular one, which is 1.5 yrs old, is at 6.64%. The new one, an IRA, is a few months old at 13.43%. Overall, very happy with the results. I'm adding $500 a month to grow my investment.

JessicaW said...

I'm sittin' pretty at 10.15%! :)