One of my winnings bids had a listing cancelled during the prefunding review (thank you prosper!!).  So I now have enough money to bid on another loan.  

The loan it found was non auto-funding C Credit — 35% DTI — $23,000 @ 23% currently.  I bid at 21.55% and there 3 days, 7 hours, and 52 minutes remaining.  Here is the listing analysis for C Grade, 30-40% DTI, $15,000 to $25,000 loan amount.  I will perform a full review if I end up with the loan.

Number of Loans	Average Amount Borrowed	Weighted Average	Standard Deviation
9	$19,115.14	18.63%	1.7%

 

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...
• 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...
• Analyze a Loan Using Crystal Report and Data Export Since starting this blog I have reviewed several loans.  Since then I have developed a basic crystal report to analyze a loan (DTI, Amount, Credit, and Lender Rate)...
• New Loan Funded — Secure Borrower needs funds to complete rental houses — $25,000 at 12.00% — AA Credit — DTI 25% A new loan funded (Secure Borrower needs funds to complete rental houses — $25,000 at 12.00%).  I participated via my standing order: Mid DTI —...

If you liked this article, vote for it on del.icio.us and stumbleupon.


Categories:

Loan Review, Prosper.com, Strategy

Tags:

azerbaijan, mozambique