I found your application very helpful and would like to use it while investing in some peer-to-peer lending platforms as Mintos. But couldn’t find information regarding loan defaults regulation. Could you please explain how Portfolio Performance application take into account defaulted loans (it means that whole principal wasn’t paid back even though we receive some interests) and whether it effects return rate in your application? It seemed to me you assume that all principal will be paid in any case, so they do not actually appear in calculation. At the same time I understand that it can’t go without any trace and you’ve surely included the defaulted loans’ effect on return rate but I don’t get how.
I will be very grateful if you could clarify me this question.