The Peer Street experiment is coming to an end. I ...

The Peer Street experiment is coming to an end. I tested the waters with 7 investments.

5 of the 7 loans I invested in were delinquent or in default at one time.
I still have one outstanding loan that is in default.
One loan investment actually ended up a short sale, leading to an overall loss of the entire investment.
With one remaining loan investment it is unlikely I will break even.

I do not recommend Peer Street. There is no liquidity, loans are frequently not paid at maturity and the underwriting allows for large losses to investors. Peer Street made money just fine as they get paid regardless for managing the account and have no incentive to tighten underwriting.