Market Resources for Retail Investors

Peer lenders are more transparent (and probably more honest) than any financial services industry companies thanks to the access to their data. Sometimes that data is in a raw form and needs to be cleaned up before we slice and dice it. There are a couple great tools that you can sign up for free that come right to your email to see how the industry is doing.

Peer IQ

Do you get the PeerIQ Monthly Performance Monitor? (this link is the June 17 report) It's a great resource to learn about the industry. June's includes info on Lending Club's increase in rates on E, F and G loans, for instance, as well as the increase in delinquencies on the 2016 vintage (loans originated and funded in that year). Prosper's 2016 vintage is suffering a little as well.

This kind of analysis is awesome for retail investors like us who use Lending Club and Prosper (both are new investor affiliate links where you can open your account for free) often for our investment dollars.

Orchard Weekly Snapshot

Another great resource for us is the Orchard Weekly Snapshot (here's this week's) and it comes right to your email. This report includes some cool things like indices, equity prices for the companies like Lending Club that are publicly traded and even some UK and US funds.

Orchard includes some relative industry news including the fact that Amazon lends to its merchants and has lent over $1 billion dollars in the last 12 months. Three securitizations are listed including one by our friends at Commonbond and one at Prosper, both of which came off successfully. I reported on the Prosper securitization a couple weeks ago.

As a vital link between funds, accredited investors, institutions and peer lending platforms, Orchard is in a unique position when it comes to their access to information. Much of this is true first source data while the rest is analysis and cleaning up of it like we get from PeerIQ.

These are both resources that you should be using to help you make good investment decisions on these platforms.

About the author

Stu Stu Lustman, the author of this post, is a Credit Analyst by trade trying to bring Commercial Credit Analysis techniques to the world of Peer to Peer Lending. Check me out on Twitter, LinkedIn and Google+

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