As described in part 1, any future of boosting returns through finding higher performing loans lies in investing via algorithms. And while most of us are not statistical wunderkinds who can construct these formulas ourselves, there are a number of third-party services that can do this for us.

One such service is LendingRobot, based here in Seattle. Simply stated, LendingRobot is a low-cost automated tool for Lending Club and Prosper investors. It can invest on your behalf far more quickly and efficiently than if you would invest on your own.

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