Another listing on which I was a winning bidder was cancelled during the pre-funding verification. While, I am trying to get money into play, I always appreciate Prosper’s due diligence in this area.
Consequently, I now have $100 available to bid on loans. My standing orders fired as soon as the money was available and I am in a sweet non-auto-funding loan. C credit, 39% DTI, 23% Lender Rate. I will complete a full analysis if this listing turns to a loan. The other $50 is still in a non-auto-funding loan.
I will be away on a business trip next week. I think I will get a chance to blog from my hotel, but I wont have a chance to work on the reporting section of RateLadder.com. The loan rate analyzer works, but if more than 5 people are using at a time it wont work. If anyone knows of an unused and unwanted Crystal Enterprise 8 1 processor license that the owners wanted to sell please contact me kevin [at] rateladder [dot] com.
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New Loan Funded — Blessings are coming — $10,000 at 26% — D Credit — DTI 84% A new loan funded (Blessings are coming â $10,000 at 26%). I participated via a manual bid the loan was Autofunding. The borrower had D credit and 84% DTI and is a homeowner. As a reminder my standing orders (and manual bids) only find loans with 0 current delinquencies, 10 or less delinquencies in...... -
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