My strategy so far on lending club has just been to diversify widely, and it has worked out pretty well so far. Plus it has the added benefit of being easy to implement. It would be interesting to see if someone could make a loan recommendation application from this kind of data.
I'm not sure what data is exactly available but it would be especially interesting to see default rates across the different major loan categories: major purchase, debt consolidation, wedding expenses and small business loans.
I'm not sure what data is exactly available but it would be especially interesting to see default rates across the different major loan categories: major purchase, debt consolidation, wedding expenses and small business loans.
very cool!