RateLadder had 1 loan in the recent debt sale.
CreditGrade: AA
Homeowner: Yes
Verified Account: Yes
Debt to Income Ratio: 25%
Very Clean Extended Credit
Sale date: Aug-24-2007
Sale reason: Delinquency
Principal balance before sale: $143.87
Loan value before sale: $152.68
Proceeds from sale and forfeited group rewards: $36.63
$36.63 / $143.87 = 25.46% of principal
LazyMan had 2 loans:
CreditGrade: C
Homeowner: Yes
Verified Account: Unknown
Debt to Income Ratio: Unknown
Extended Credit Unknown
Sale date: Aug-24-2007
Sale reason: Delinquency
Principal balance before sale: $43.26
Loan value before sale: $49.27
Proceeds from sale and forfeited group rewards: $4.06
$4.06 / $43.26 = 15.95% of principal
CreditGrade: D
Homeowner: Yes
Verified Account: Unknown
Debt to Income Ratio: Unknown
Extended Credit Unknown
Sale date: Aug-24-2007
Sale reason: Delinquency
Principal balance before sale: $45.60
Loan value before sale: $54.84
Proceeds from sale and forfeited group rewards: $3.83
$3.83 / $45.60 = 8.4% of principal
Related Posts -
Adam Nash Merged with RateLadder to form the Ideal Quicken Solution (without Prosper integration)  I have found what I think is the most complete solution to the Quicken and Prosper dilemma, but that doesn't mean it is the best solution... Let me start with the negative and work to the positive... The problem with his solution is that it is too much work... I...... -
New Loan Funded — cash for small business — $25,000 at 14.5% — AA Credit — DTI 1422125% A new loan funded (cash for small business â $25,000 at 14.5%). I participated via a manual bid the loan was Autofunding. The borrower had AA credit and 1422125% DTI (undocumentable income). As a reminder my standing orders (and manual bids) only find loans with 0 current delinquencies, 10 or less delinquencies...... -
New Loan Funded — Clearing a personal credit card used for business purchases — $9,500 at 18% — A Credit — DTI 46% A new loan funded (Clearing a personal credit card used for business purchases â $9,500 at 18%). I participated via an automatic bid Low AMT -- Extreme DTI -- Autofunding. Which means this funded at less than 15K less than 60% DTI and was autofunding.  The borrower had A credit and...... -
New Loan Funded — really want to get out of debt — $25,000 at 25.00% — C Credit — DTI 131% A new loan funded (really want to get out of debt â $25,000 at 25.00%). I participated via my standing order: Any DTI â AF. Which is this loan was funded as a any debt to income ratio and was an auto-funding loan. The borrow had C credit and 131% DTI. ...... - Best of RateLadder 4th Quarter 2007 This is a time of year reflection and goal setting for the year to come. I think it has been a very interesting and prosperous year. Here are some of my best and/or most popular posts from the 4th quarter of 2007⦠October 2007: Prosper Files S1 With SEC Prosper Repurchases......
Related Websites - Should I Do A Debt Consolidation Loan? Important Things To Consider Before You Do. I get a lot of searches on this site from people looking for information about debt consolidation. Why do people want to consolidate their credit card debts, student loans, and medical debt all into one payment? Because oftentimes they think it is a magic wand of sorts - that it......
-
When Applying for a Mortgage don't Forget to Calculate your Debt to Income Ratio A buddy of mine is attempting to buy his first home, and learned a very valuable lesson that no one learns about until they attempt to buy their first house. It is a lesson that most people do not think until their mortgage broker tells them the bad news.  I bet...... -
What You Need to Know Before Going Into Debt Let’s face it, if you want to get ahead in today’s world, you’re going to need to go into debt, at least a little. The key is managing your debt properly and avoiding common traps. Not all debt is bad, even if we have been trained to think that it...... -
Government Making Home Affordable Refinance And Loan Modification Program: Do I Qualify? The last few days I've been hearing an awful lot about the Government's new "Making Home Affordable" program, which has been set up to help people refinance existing mortgages, or do a loan modification to help them to stay in their house. The government's website explains what the program...... - Reader Question: Is It A Good Idea To Get A 401k Loan To Pay Off Debt? I had a question posed to me this week about 401k loans, and whether they were a good idea. The person said they were considering using a 401k loan to pay off some higher interest credit card debt. The rationale behind doing this was that they'd rather pay themselves interest......
- National Guard Militaria Date Unknown Militaria Collectibles
- Militaria Date Unknown Militaria Collectibles
- Air Force Militaria Date Unknown Militaria Collectibles
- Coast Guard Militaria Date Unknown Militaria Collectibles
- Marine Corps Militaria Date Unknown Militaria Collectibles
Categories:
Prosper.com, Statistics
Tags:
1 comment so far ↓
Thanks for posting. Any luck finding some non-homeowners to validate Prosper’s statement that it wasn’t a factor?
Mike
Leave a Comment