Newsletter vom 12.02.2014

stern · Anmeldedatum: 24.11.2012 Beiträge: 582

New functionality

You can now download all loan data and use it to create your own customized statistics or run your own analysis.
The data will be updated monthly.

Upcoming changes

We are launching our loan offer in Slovakia on Monday, 17.02.2014.

In addition, we are developing a mobile app that will be targeted at investors, and there is a range of ideas we are working on that may be used to advance our website and its performance.

A new credit scoring model is being developed by a team of statisticians, and it will be used as a model to improve pricing and risk management.

Risk management

Our current credit policy has been in place since March 2013. We have not made changes in the policy over the past year in order to collect sufficient data before taking new decisions. The performance of our portfolio has been exceptional. The first loans issued in Finland were of a lower quality, however we immediately added a number of additional automated checks to reduce potential fraud (July default rate in Finland was 17.3% on 141,000 euro of funded loans, compared to 3.6% on 170,200 euro in August). All the other months loan performance in Finland and Spain is comparable to the performance we delivered in Estonia. As described above, you are now able to download a monthly snapshot of your loan data here. We will now be looking to add new products and implement a number of changes to our portfolio in order to make more loans available on the market. We will implement the following changes on the 20th of February:

- We will open the market for young professionals with stable incomes. Therefore borrowers under the age of 25 will be able to borrow up to 5 times their monthly net income from the current level of €3,000. Other age groups will still be able to borrow up to 10 times their monthly income or €10,000 maximum.

- We will adjust our policy to match substantially higher net incomes in Finland. The maximum loan amount for Finnish borrowers will increase from €6,000 to €10,000 in credit group B and from €3,000 to €10,000 in credit group C.

- We will exclude debt-to-income ratio (DTI) from credit decisions. All applications that meet every other criteria will be approved regardless if the DTI is above or below 59%. Our data shows that the DTI does not influence the credit risk. You can read more about DTI effects on loan performance from our investment guide.

- Investment profiles will be changed to cover only two DTI ranges. We will only have two options to choose from as our data shows that DTI levels up to the current maximum do not affect the credit risk. All current investment profiles will be configured to cover DTI ranges from 0 to 59% and a new option will be added to exclude DTI completely from investment profiles.

- We will add a new product for active investors. We will be offering a new higher interest product with a faster underwriting process. The underwriting will still be as thorough as the current process, however the expenses will not be verified based on the bank statements and instead will be self-reported or retrieved through the credit bureaus. This product is not available for investment profiles and no automatic bids are allowed with all investments coming from manual investing. These applications will be announced separately.

Changes within isePankur

We have reached 2 important milestones: we have paid out 1M euro in interest to investors and issued 10M euro in loans to borrowers.

Claus Lehmann · Site Admin Anmeldedatum: 31.08.2007 Beiträge: 18086

Ich hätte jetzt vor allem diese Teil fett hervorgehoben:

All current investment profiles will be configured to cover DTI ranges from 0 to 59% and a new option will be added to exclude DTI completely from investment profiles.

Heisst nämlich dass alle etwas machen müssen, oder ihre Anlagestrategie ändert sich automatisch
_________________
Meine Investments (aktualisiert 12/24):
Laufend: Bondora*, Estateguru*, Indemo*, Inrento*, Mintos*, Crowdestate* (Rest), October* (Rest), Linked Finance* (Rest), Plenti (Rest), Ventus Energy*, Seedrs*, Crowdcube, Housers* (Rest),
Beendet: Smava, Auxmoney, MyC4, Zidisha, Crosslend, Lendico, Omarahee, Lendy, Ablrate, Bondmason, Finbee*, Assetz Capital, Bulkestate, Fellow Finance, Investly*, Iuvo*, Landex, Lendermarket*, Lenndy, Moneything,
Neofinance*, Reinvest24, Robocash*, Viainvest*, Viventor, Zlty Melon

bigbear · Anmeldedatum: 14.06.2013 Beiträge: 873 Wohnort: Baden-Württemberg

aber was machen? DTI ist eines meiner wichtigsten Kriterien! Habe schon meinen Protest an Isepankur* gemailt!

stern · Anmeldedatum: 24.11.2012 Beiträge: 582

Claus Lehmann · Site Admin Anmeldedatum: 31.08.2007 Beiträge: 18086

Wenn Du das Kriterium weiter aktiv nutzen willst bleibt m.E. derzeit nur
Profile pausieren und entweder
a) manuell bieten
oder
b) auf dem Resale neue Kredite kaufen nach Deinen Kriterien

Ich weiß, beides nicht sehr komfortabel.

Alternativ vielleicht noch
c) Profile laufen lassen, aber die erworbenem mit schlechtem DTI driekt mit 2-3% Aufschlag auf dem Zweitmarkt anbieten
_________________
Meine Investments (aktualisiert 12/24):
Laufend: Bondora*, Estateguru*, Indemo*, Inrento*, Mintos*, Crowdestate* (Rest), October* (Rest), Linked Finance* (Rest), Plenti (Rest), Ventus Energy*, Seedrs*, Crowdcube, Housers* (Rest),
Beendet: Smava, Auxmoney, MyC4, Zidisha, Crosslend, Lendico, Omarahee, Lendy, Ablrate, Bondmason, Finbee*, Assetz Capital, Bulkestate, Fellow Finance, Investly*, Iuvo*, Landex, Lendermarket*, Lenndy, Moneything,
Neofinance*, Reinvest24, Robocash*, Viainvest*, Viventor, Zlty Melon

Haimi · Anmeldedatum: 05.07.2013 Beiträge: 251

stern · Anmeldedatum: 24.11.2012 Beiträge: 582

bigbear · Anmeldedatum: 14.06.2013 Beiträge: 873 Wohnort: Baden-Württemberg

Hier gilt für mich der alte Spruch:" Ich glaube nur der Statistik, die ich selber gefälscht habe!" - wobei ich auf keinen Fall unterstellen möchte, dass die Daten falsch sind. Ich finde nur, es sollte weiterhin jedem selbst überlassen bleiben, welchen Kriterien er für seine Anlage Priorität einräumt - auf die Gefahr hin, dass er Kriterien "falsch" gewichtet.

Claus Lehmann · Site Admin Anmeldedatum: 31.08.2007 Beiträge: 18086

fehd · Anmeldedatum: 08.02.2014 Beiträge: 41

Haimi · Anmeldedatum: 05.07.2013 Beiträge: 251

Informativer Link. Verstehe bloß nicht warum Leute die mehr Geld zur freien Verfügung eine höhere Ausfallrate haben. Ist doch irgendwie unlogisch!?

Den einzigen Grund, welcher mir einfällt, ist das Kreditnehmer mit einem hohen DTI bei Ausfall seines Kredites keine neuen Kredit erhält bei Isepankur* noch anderswo...

Bin trotzdem für die alten Einstellungsmöglichkeiten des DTIs!
_________________
Bondora:
393 Kreditanteile, Verzug: 49, Inkasso: 7, Beendet: 52

Summe Kreditbeträge:5897,06€
"Laufende"-Investitionen: 4627,87€

Stand: 11.07.2014

stern · Anmeldedatum: 24.11.2012 Beiträge: 582

CWollenhaupt · Anmeldedatum: 21.09.2013 Beiträge: 83

scrooge · Anmeldedatum: 15.05.2009 Beiträge: 2189 Wohnort: Hamburg

bigbear · Anmeldedatum: 14.06.2013 Beiträge: 873 Wohnort: Baden-Württemberg