Retireme99 wrote his own intro:

I started lending in May 2006… let the money sit for awhile to see how it worked… then got back into it more actively recently.  Looking at my results I have been happy that only two loans have gone 1+ months late.  I have another couple lurking which worries me.

Plus I am the creator of the wonderful plug-in for Internet Explorer that greatly enhances the user experience of the Prosper website.

RateLadder_com just started using the plug-in 2 days ago.  So far, I like it a lot.  I will have a post on the plug-in in the near future.  Here is a link to the plug-in: http://retireme99.blogspot.com/

 

Retireme99
Date	Model IRR	Best IRR	Avg IRR
2/20/07	10.16%	14.88%	12.54%

Date	Cash Flow	Reason
5/23/06	($500.00)	Transfer To Prosper
6/1/06	($750.00)	Transfer To Prosper
12/6/06	($6,000.00)	Transfer To Prosper
1/6/07	($1,000.00)	Transfer To Prosper
2/17/07	$8,576.87	Current Account Value
2/17/07	($100.88)	1 Month or More Late

 

Net Actual Cash Flow	Current Account Value	Net Income Before Defaults	Net Income as % Actual Cash Flow
($8,250.00)	$8,576.87	$326.87	3.96%

 

Here is the “Game” definition: Prosper Lender IRR “Game”

Here is the a sample spreadsheet: Prosper IRR Spreadsheet.

The “Game”’s tracking page is at Prosper.com IRR Lender “Game” Tracking Page

If you your like to be included in the game please send your results with permission to publish and a short writeup… I can be reached by email at kevin (at) rateladder [dot] com.

Related Posts

• Are 2nd time Borrowers a Better Risk? There is speculation that second time borrowers on Prosper represent a better risk.  They have already paid off one loan and hence have shown credit worthiness.  I am not sure I buy this, but I can play along... How many 2nd time loans are there currently?  71. How many are......
• Prosper IRR Lender “Game” September 07 Update It is time for the end of September 2007 update of the IRR Lender “Game.” This month was just a regular month. A Collections guru was hired and I did have a collections paymnet at the last second that saved me from a negative model IRR. Hopefully, a sign of......
• Prosper IRR Lender “Game” Apr 07 Update It is time for the April 2007 update of the IRR Lender “Game.”  This is going to be more about accomplishments during the last month rather than pure calculations.  So without further ado:   Highest IRR Model: LazyMan 5.07%  Largest IRR Model Improvement: leporello by going from (3.10%) to 0.18% he improved 3.28%.  Lowest IRR Model: Pensioner......
• Prosper IRR Lender “Game” August 07 Update It is time for the end of August 2007 update of the IRR Lender “Game.” This month saw another debt sale.  Debt sale events typically cause the highest IRR to go down (less absolute potential as loans were sold for a fraction of there worth) and the model IRR to go up (the......
• Prosper IRR Lender “Game” Jun 07 Update It is time for the June 2007 update of the IRR Lender “Game.” Since the last update there has been a delinquent debt sale.  This is a major event for our IRR game and it remove assumptions about defaulted debt by solidifying losses and increasing the cash position.  This will cause the......

Related Websites

• Borrowing to lend on Prosper.com I've seen a couple of listings on Prosper.com for people borrowing solely for the purpose of lending it on Prosper.com! Didn't take too long for creditworthy people to realize that they could borrow a few thousand dollars at 7% to 8% and lend it to less creditworthy individuals (according to......
• Keeping your Prosper.com money working Several people responded to my post on a Prosper.com vs ING return, in which I pitted a 4.25% online savings account return against lending the same amount at 8% on Prosper.com. The 4.25% online savings account outperformed the 8% loan over three years, because the interest in the savings account......
• Twitter Weekly Updates for 2009-07-05 MapMyFitness.com: Completed Bike. 275 (kcal). 6.14 mi.. 00:25:19 # Completed General Road Cycling. Distance 6.14 mi. # Mapped Champaign to Urbana (6.14 mi.) # MapMyFitness.com: Completed rhythmbox'n. 326 (kcal). 00:30:00 # Completed General Road Cycling. 109 (kcal) Distance 2.35 mi. Duration 00:10:00 # Mapped County Market (2.35 mi.) #......
• Cherry Island Golf Course, Elverta, CA Cherry Island Golf Course is located in: Elverta, CA Phone: 916-991-7293 Website: http://www.empiregolf.com/empire/cherryisland Course History: Robert Muir Graves, one of the most celebrated course archtitects today designed this course in 1990. It has become an area favorite with most golfers and offers just the right level of challenging play for......
• Vinter's Golf Club, Yountville, CA Vinter's Golf Club is Located in Yountville, CA Phone: (707) 944-1992 Website: http://www.vintersgolfclub.com Course History: This is one of the most popular courses in Napa Valley and with good reason. This is a pleasant nine hole course that is still challenging without sacrificing fun. It became an instant favorite......

Online Stores

• Cash Registers Banks, Registers Vending Collectibles
• Plug In Under Cabinet Lighting Lighting Fixtures Home Lighting

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


Categories:

Prosper Lender IRR "Game", Prosper.com

Tags:

azerbaijan, mozambique