Here is Prosper’s Lending Tips Tutorial.
What do you think? Where could they make improvements? Where did they get it just right?
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Prosper Launches Referral Program Rewards Existing Members for New Borrowers and New Lenders Prosper.com just launched a referral program rewarding existing members for referring new borrowers and new lenders. New lenders are also rewarded for being referred with a $25 bonus. This replaces the Group Leader match rewards, but not the payment rewards. New borrowers brought to Prosper are are worth 0.5% of the loan value...... - Prosper IRR Lender “Game” Feb 07 Update It is time for the February 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: RateLadder_com 12.86% Largest IRR Model Improvement: Leporello by going from (10.04%) to (5.45%) he improved 4.59%. Lowest IRR......
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Prosper Thanks RateLadder For Help to 100MM I received a marketing email today from Prosper regarding the 100MM in loan volume. Titled: You Couldn't Have Done It Without You. How corney is that? Essentially thanking every lender for their part is reaching 100MM in loan volume. Here is the rest of the letter... Prosper is pleased to...... -
LazyMan and the Early Days of Prosper Lending Lazy man gives a frank and honest assessment of his early days lending on Prosper: Prosper Mistakes I've Made. Personally I took a far more conservative path to my lending strategy and I have done far better with my early loans. I am not saying that I was any smarter...... - Prosper Collections Test In Progress I had noticed several days ago that several (6 out of 15 in collections to be exact) of my delinquent loans had a new agency with the name "NEW AGENCY TEST"... Today I received the following email from Prosper... Prosper is committed to improving our collections on delinquent loans. To......
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