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December 2019 and Full Year 2019 – Net Return Performance Update

Understanding the return you’re receiving, compared to the platform average net return and the general health of the full loan book helps you to appreciate our performance in the context of other p2p lending platforms and other forms of investment.


Before we get to the figures some notes on the methodology:

This data is generated from algorithms that look at a set of standard rules to classify payments as interest, capital or recoveries as well as loans as performing, defaulting or bad debt. This is subject to change, so it may not always match our manual changes to loan status or repayments. This helps to keep the data impartial and consistent, unaffected by human bias or expectation.

We treat all the users as one ‘Superuser’ that all transactions from public loans are applied to, we exclude private loans and treat refactored loans as a single loan.


We funded £26,790 in 1 new public loan during December, totalling £1,701,700 over 31 loans in 2019.

This brings the total public loans made via rebuildingsociety.com to 261 and total lending to £14,964,020.

We had 1 new default and no refactors in December, totalling £24,316. The total for 2019 is 11 defaults totalling £243,683.

Lenders affected by the defaults will have been notified by email and will receive regular updates on the progress of the debt recovery process.

The total capital still out on all loan’s totals £3,129,226, only 3.90% of this is currently in default.

During the month, we received £75,635 in capital repayments, £44,241 in interest payments and the net recoveries position was £26,036 loss to bad debt.

For the year those figures are £1,284,494 capital repaid, £511,804 in interest and a net recoveries position of £76,399 in bad debt loss.

This led to an overall profit for the users of £9,875 or an annualised return rate of 3.79%, this is a reasonable month in terms of profit when compared with our average.

The final overall profit for the users in 2019 is £293,069.

We keep a rolling 12 month return figure to track profits over the last year, this months performance brings that return up to 10.76% return for the year. This makes this the most profitable lending year since 2014! (2014: 11.96% return)

We also track the net return rate for the lifetime of the company, as you can imagine this figure remains fairly consistent and currently sits at 6.40% net return.

This has been an excellent year for lenders returns, while we have had 3 months that contained a loss from defaults the large profit from recoveries this year and the general high rate of income have offset this to result in a high lender return. We hope that these changes are partially from our improved underwriting process and as such likely to continue into 2020, we hope you will all continue to join us on this journey!

Please note

This material contains certain data and analysis that has been prepared by rebuildingsociety.com Ltd. The Information is provided is corrected as at the date published or shown on the graphs, and may be subject to updates and revision, and may change materially without notice. Subject to applicable regulations, no person is under any obligation to update or revise the information, our stats page is updated on daily basis.

Past performance is not indicative of future performance. Capital at risk. Find Out More about the risks of lending.

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