I had a similar, yet different situation in early 2012 when using AQI's to get my IRA invested. Since you can set the sort order within a Saved Search, and AQIs are based on Saved Search results, I assumed the AQI would invest in the loans near the 'top' of my sort first. I started with very broad Saved Search critera, sorted for highest credit score (1st sort) and lowest inquiries (2nd sort) with few other criteria. I ended up stuck with MANY loans I would not have invested in with low credit scores and high inquiries... many of which have just recently been charged-off. These loans were within my Saved Search results, but near the bottom of the list.
The developer I spoke with at Prosper found it to be an "interesting idea" that AQI's should consider the sort order and said he'd put it on the list of considerations for a code release. I never followed up to hear if it actually made it into production code. It seemed like an obvious system design to me, but was new hat to him. Granted, no where doea the Prosper site claime that AQI's consider (or do not consider) the sort order.
In the end, the developer and I had good conversation and he was very open to ideas. ...but... I was still surprised some of my 'ideas' were not already baked into the system design. At that point I decided to no longer rely on AQIs and began venturing into building NumberWhale and a stats program to analyze and invest without 'blindly trusting' Prosper's system. I thought I would make them availalble for public use, but in the end decided to have them as personal use tools.
...didn't mean to go on a tangent... but I'd be curious to hear what Prosper says in response. It would be nice if they provided a code release blog so we investors knew across time when and what features are implemented. I might even begin using AQIs again if they did that.
The developer I spoke with at Prosper found it to be an "interesting idea" that AQI's should consider the sort order and said he'd put it on the list of considerations for a code release. I never followed up to hear if it actually made it into production code. It seemed like an obvious system design to me, but was new hat to him. Granted, no where doea the Prosper site claime that AQI's consider (or do not consider) the sort order.
In the end, the developer and I had good conversation and he was very open to ideas. ...but... I was still surprised some of my 'ideas' were not already baked into the system design. At that point I decided to no longer rely on AQIs and began venturing into building NumberWhale and a stats program to analyze and invest without 'blindly trusting' Prosper's system. I thought I would make them availalble for public use, but in the end decided to have them as personal use tools.
...didn't mean to go on a tangent... but I'd be curious to hear what Prosper says in response. It would be nice if they provided a code release blog so we investors knew across time when and what features are implemented. I might even begin using AQIs again if they did that.