I’m away on holiday, so this this month I won’t be able to do my usual monthly analysis of P2P income (I scheduled this post ahead). The process is unfortunately quite manual, and I have to log into every platform to get a manual snapshot of loans + accrued interest. As I am a spreadsheet geek this is not an overly tedious exercise for me, but I imagine many P2P users would love to see a startup come and offer an easier solution.
Over January I made very few changes to my portfolio, so the returns/ breakdown is still similar to the December report. I had no additional defaults, but a few of my Funding Secure loans over-ran their repayment dates. These loans are now renewing, so I will get the repayment soon. One of these I had bought as a late term loan on the secondary market at a discount so it would have been quite dissapointing for it to have defaulted!
Governments & P2P Lending
I wrote a recent guest post for the ViaInvest blog on some of the ways governments are encouraging peer-to-peer lending platforms. You can read it here.
I’ve also just about finished a detailed review/ some tips on Property Moose, which I’ll finish soon after I get back.