{"id":188,"date":"2021-12-29T14:49:29","date_gmt":"2021-12-29T21:49:29","guid":{"rendered":"https:\/\/leonardhendricks.com\/?p=188"},"modified":"2023-10-09T08:32:45","modified_gmt":"2023-10-09T14:32:45","slug":"gopeer-2","status":"publish","type":"post","link":"https:\/\/leonardhendricks.com\/index.php\/2021\/12\/29\/gopeer-2\/","title":{"rendered":"Go Peer After a Year"},"content":{"rendered":"\n<p>I have been auto-investing a little bit each month on the <a href=\"https:\/\/gopeer.ca\/\" target=\"_blank\" rel=\"noreferrer noopener\">goPeer<\/a> Peer to Peer (P2P) lending platform for the past year and a bit.  This post is to provide some real world results of their platform. <\/p>\n\n\n\n<p>Overall the investing process is very straight forward with auto-invest.  I had set it to invest the same amount on loans graded C- or higher a year ago.<\/p>\n\n\n\n<p>Looking at my results for the year below I was concerned as my delinquent amounts are nearly as much as my total earnings. <\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"995\" height=\"598\" src=\"https:\/\/leonardhendricks.com\/wp-content\/uploads\/2021\/12\/EQ-Bank-Screenshot-2021-12-29-142744.png\" alt=\"\" class=\"wp-image-189\" srcset=\"https:\/\/leonardhendricks.com\/wp-content\/uploads\/2021\/12\/EQ-Bank-Screenshot-2021-12-29-142744.png 995w, https:\/\/leonardhendricks.com\/wp-content\/uploads\/2021\/12\/EQ-Bank-Screenshot-2021-12-29-142744-300x180.png 300w, https:\/\/leonardhendricks.com\/wp-content\/uploads\/2021\/12\/EQ-Bank-Screenshot-2021-12-29-142744-768x462.png 768w\" sizes=\"auto, (max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><figcaption>Results after a year or so<\/figcaption><\/figure>\n\n\n\n<p>This is obviously not great, so I did another level of investigation looking at the amounts in Delinquent status.  Mostly they are late but at least one is classified as in default (but not charged off I guess).  Interesting 100% of my Delinquent loans are rated at C-.  Given this I changed my auto-invest to be C or higher.  <\/p>\n\n\n\n<p>Overall the experience has been pretty good, and I plan to continue making regular monthly contributions so see things improve over the coming year.  The rates are very strong even on B and C loans, and I would rather take a little less interest and get paid back! <\/p>\n\n\n\n<p>If you are interested in anything leave a comments, and it would be great if you used my <a href=\"https:\/\/gopeer.ca\/refer\/?referral=67316836&amp;referrer=Susan\" target=\"_blank\" rel=\"noreferrer noopener\">referral code<\/a> so we can both get $30.  You just have to open an account and invest $1000.  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>I have been auto-investing a little bit each month on the goPeer Peer to Peer (P2P) lending platform for the past year and a bit. This post is to provide some real world results of their platform. Overall the investing process is very straight forward with auto-invest. I had set it to invest the same &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/leonardhendricks.com\/index.php\/2021\/12\/29\/gopeer-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Go Peer After a Year&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,26],"tags":[],"class_list":["post-188","post","type-post","status-publish","format-standard","hentry","category-banking","category-gopeer"],"_links":{"self":[{"href":"https:\/\/leonardhendricks.com\/index.php\/wp-json\/wp\/v2\/posts\/188","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/leonardhendricks.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/leonardhendricks.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/leonardhendricks.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/leonardhendricks.com\/index.php\/wp-json\/wp\/v2\/comments?post=188"}],"version-history":[{"count":1,"href":"https:\/\/leonardhendricks.com\/index.php\/wp-json\/wp\/v2\/posts\/188\/revisions"}],"predecessor-version":[{"id":190,"href":"https:\/\/leonardhendricks.com\/index.php\/wp-json\/wp\/v2\/posts\/188\/revisions\/190"}],"wp:attachment":[{"href":"https:\/\/leonardhendricks.com\/index.php\/wp-json\/wp\/v2\/media?parent=188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/leonardhendricks.com\/index.php\/wp-json\/wp\/v2\/categories?post=188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/leonardhendricks.com\/index.php\/wp-json\/wp\/v2\/tags?post=188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}