January 2020 – 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 £54,500 in a new public loan.

This brings the total public loans made via rebuildingsociety.com to 262 and total lending to £15,018,520.

We had 2 new defaults and no refactors in this month, totalling £83,632.

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 £2,8488,706, only 4.87% of this is currently in default.

During the month, we received £281,508 in capital repayments, £47,675 in interest payments and the net recoveries position was £57,291 loss to bad debt.

This led to an overall loss for the users of £13,274 or an annualised loss rate of 5.59%, this is an poor month in terms of profit when compared with our average.

However, we keep a rolling 12 month return figure to track profits over the last year, this months performance brings that return down to 6.01%.

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 6.26% net return per year.

This month has contained multiple defaults which led to an overall loss for the month. These loss making months do happen, but they are infrequent, and lenders profits in other months keep them in an overall profitable return position. We have no loans that could possibly default next month due to lateness, as such we would expect the February return to be strong and in the double digits.

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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