After I calculated my Prosper IRR, I was curious about how I'm doing in the other major lending site I'm invested in. I just spent 5 minutes calculating my LendingClub IRR. It's considerably simpler than Prosper, since I've only transferred in $500 and made only a few outbound transfers. Additionally, I've not had to do any adjustments for late loans or defaults.
Amazingly, my LendingClub IRR is a whopping 17.83%.
Monday, April 28, 2008
My LendingClub IRR
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