Previously I wrote about 3 features I wish prosper standing orders implemented and my new prosper standing order  lending strategy.  Having watched closely for a week or so I have decided that I need finer grained control.

I have 20 standing orders (4 sets of 5).  Each set is tired on DTI.  The sets are exclusive based on loan amount and non auto funding or auto funding.

The control that I would like now is priority amongst all my standing orders and then one step further based on my discretionary grouping.  Each standing order has a priority for loans matching the criteria, but I would like to prioritize my sets of standing orders and the standing orders within the sets.  If my priorities are equal then whichever Prosper wants can fire first.

Right now my standing orders fire more or less randomly based on available loans.  It might be indeterminate, but I bet it is actually based on standing order creation date or the primary key column in the database.

I would like the auto funding sets to have priority over the non auto funding sets (so much so that I am considering getting rid of non auto funding orders all together — read this for more background: Auto-funding vs Non-auto-funding).

Then within all the auto funding sets I would like to give the loan with the highest increase over my maximum bid to have top priority.  Within the non auto funding sets I would like the loan closest to auction completion to have top priority. 

Now that would be sweet.

 

Related posts:

• My Standing Order Basics I have 10 standing orders in 2 groups. Group 1: Auto Funding (AF) Group 2: Non Auto Funding (NAF) I needed to split into 2...
• 3 Standing Order Features Prosper Needs — Time Remaining Criteria and more I fund loans exclusively through standing orders. (At the moment very tight standing orders.) I like the options and flow of the current standing orders...
• New Standing Order Prosper Lending Strategy After some initial flirting with manual bidding I have moved exclusively to standing orders for all my prosper loans.  As I am now in a...
• Standing Orders vs Manual Bids Think the best long term solution is Standing Orders.  Standing Orders remove any emotion from the decisions as to which loan to invest. You can...
• Auto-funding vs Non-auto-funding AF vs NAF I have already blogged my affinity for standing orders over manual orders.    Given the choice and the current standing order options...

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