Options Grow For Investors To Lend Online – More Sites Join Prosper.com In Luring the Risk-Tolerant; Hammered by Late Payments…
Here is the segment on ProProsper:
Over a dozen independent Web sites, mostly geared to Prosper lenders, have emerged in recent months to help lenders make better investing decisions. ProProsper.com, for example, helps lenders determine what the market rate would be for a particular loan, while Wiseclerk.com provides a “loan aging” tool that tracks historical default rates of Prosper loans. Eric’s Credit Community (www.ericscc.com) maintains a list of the 10 largest lenders on Prosper (some of whom have close to $700,000 invested) and offers tools that can help users track the moves of other lenders.
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Two Millionaires Keep 5 Star Group Rating with Community Payments Groups on Prosper are in theory meant to help borrowers through education and lenders through lower default rates. I have explored these aspects of groups before: Why Would a Borrower Join a Group? and Why Would a Lender Join a Group?. In this post we will examine the group Two Millionaires....... -
Prime Borrowing on Prosper Hits Record Levels -- Febuary Marketplace Survey SAN FRANCISCO--(BUSINESS WIRE)--March 11, 2008--Spurred by the credit crunch, attractive rates, and lender demand for conservative assets, Prosper (www.prosper.com), America's largest people-to-people lending marketplace with over 600,000 members and $120 million in funded loans, reported that the number of prime borrowers (720+ credit scores) creating listings and obtaining loans continues...... -
Prosper People-to-People Lending Market Survey San Francisco â October 9, 2007 â Prosper (www.prosper.com), Americaâs largest people-to-people lending marketplace, today released its September People-to-People Lending Market Survey. Prosperâs People-to-People Lending Market Survey provides key statistics and a market commentary by Chris Larsen, Chief Executive Officer and Co-Founder of Prosper.  Prosperâs People-to-People Lending Market Survey...... -
Default Rate: It's Not Just If a Loan Defaults, But When I had a very interesting email exchange with RGF. (I emailed him after using his forum posts in articles last week). Here is a portion of that email exchange on default rates over time and their affect on yield. RGF: Default rate: It's not just if a loan defaults, but......
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1 comment so far ↓
Congrats on the highlight!
Mike
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