How easy is it to access platform data?
Peer-to-peer lending platforms provide plenty of data to help potential clients decide whether to invest but platforms have different terms and methods for how this information is presented.
You can usually access details on loan book size, interest earned and predicted and actual default rates from P2P lenders to assess how comfortable you are with using a certain platform.
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Here is how to find the key statistics from five of the largest retail-focused P2P lenders.
Folk2Folk
Business lender Folk2Folk displays the total value of loans funded on its homepage.
It then takes one click on the invest tab and another on a section called defaults.
This will take you to a page where you can see Folk2Folk’s latest data on defaults.
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Users can also download its most recent and previous outcomes statements that detail expected and actual default rate of all loans the firm has originated by risk category, a summary of the assumptions used in determining expected future default rates and the actual return against any target rate offered.
CrowdProperty
Property lender CrowdProperty shows how much has been lent and the number of homes funded on its homepage.
It has a dedicated statistics page that is one click away from its homepage under the learn section.
This page shows detailed statistics by year including the total originated, the average size and number of loans as well as the rates and anticipated and actual losses.
Kuflink
Bridging and development lender Kuflink has a statistics page that can be accessed from its homepage.
Users can see details such as the total amount invested, capital repaid and the platform’s track record including the amount lent back to 2016, the typical property values and interest rates and default rates and predictions.
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Invest & Fund
Property lender Invest & Fund displays how much it has lent and repaid to investors on its homepage as well as the average loan yield, number of homes funded and the capital and interest paid back.
There is a section called meeting our regulatory requirements that can be accessed from the homepage.
It shows the platform’s loanbook performance from 2022 back to 2016 and includes the value of loans funded, projected and actual default rates.
Proplend
Commercial property lender Proplend shows its average returns from loans on its homepage.
Users need to click on the platform statistics heading to see further data.
This page shows the value of property and loans funded, the average loan to value and the performance of the loanbook including arrears and losses dating back to 2014.