I haven't had any loans written off (yet) but expecting a few will, hopefully less than the forecast rate...
I have noticed Harmoney have let some suspicious loans slip through with false information. As an example, I spotted was a borrower who was making 46k per month... Harmoney shortly noticed these irregularities and removed them from the marketplace. There is some value in performing your own 'filtering' when picking loans to fund.
This is one that was 'pending approval' but somehow ended up on the marketplace. Note the massive reported monthly income.
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