Using Machine Learning to Recommend Investments in P2P Lending

Introducing PeerVest: A free ML app to help you pick the best loan pool on a risk-reward basis

Problem

Peer-to-peer lending marketplaces like LendingClub and Prosper Marketplace are driven by what is essentially a brokers fee for connecting investors and borrowers. They are incentivized to increase the sheer number of transactions taking place on their platforms. Driven by ease-of-use, their off-the-shelf credit risk assessments…