Alternate to Dream Achiever service

Paths to Achieve your Dream Congratulations on taking the first path towards achieving your financial dreams, you are choosing a perfect asset class for growing your wealth. Loans not only provide diversification from the stocks but they are a fixed income assets. Being a fixed income asset you can be way more confident  about the returns that you will get…

Step 3 – Modeling and Comparing Performance

Croudify Model outperforms any Lending Club model by 2% (+40% net)   This is the last blog in this series. The 1st blog was written  here and the 2nd blog is here. In this blog we will talk about our modeling approach and compare the performance of the model to the average returns for various ratings on the Lending Club platform. For our…

Why build a Proprietary Default Model ?

Default Modeling has been the backbone for all credit decisions in the Banking industry for nearly five decades. The models can vary from as rudimentary as simple bucketing to sophisticated models that use derived risk factors, Markov chains and Machine Learning. At Croudify Ratings when we started looking at the risk ratings available at various platforms we soon realized that we…

Simplified Secondary Market Investing on Lending Club

Investors in P2P loans have long wished to get some guidance on pricing and risk when trading on secondary markets like folioFn (or private platforms for whole loans). Till date the only thing they could do was ad-hoc analysis basis on some factors but it made most uncomfortable. The questions like how is this the right price ? Will prepayment of this performing…