Prosper Closes 100 Million is P2P Loans
November 15th, 2007 | Prosper.com
This is a major milestone for p2p lending… I can’t wait to see what the next 100MM brings.
From the marketplace data in the public xml data file (after I imported into ProProsper)…
| Date: |
|
| Principal Closed: |
|
| # Registrations: |
|
| # Lenders: |
|
| # Groups: |
|
| Historical Interest Rates |
| Credit Grade |
Group Member |
Average Rate Less Than 5K |
Average Rate 5K to 10K |
Average Greater Than 10K |
| NC |
0 |
|
|
|
| HR |
0 |
0.23706 |
0.15465 |
|
| E |
0 |
0.25773 |
0.04000 |
|
| D |
0 |
0.20430 |
0.22453 |
0.11575 |
| C |
0 |
0.15986 |
0.17901 |
0.21070 |
| B |
0 |
0.12858 |
0.13581 |
0.16370 |
| A |
0 |
0.10615 |
0.11453 |
0.13910 |
| AA |
0 |
0.07777 |
0.09706 |
0.12682 |
| NC |
1 |
|
|
|
| HR |
1 |
0.22707 |
0.15550 |
|
| E |
1 |
0.23389 |
|
|
| D |
1 |
0.19329 |
0.19891 |
0.17540 |
| C |
1 |
0.15327 |
0.18556 |
0.19803 |
| B |
1 |
0.11401 |
0.13296 |
0.15779 |
| A |
1 |
0.07346 |
0.10295 |
0.12796 |
| AA |
1 |
0.07938 |
0.08100 |
0.14180 |
Related Posts -
Prosper in May Set a New Monthly Loan Origination Volume High Water Mark (sql to produce statistics at the end of post) In May, Prosper originated more loan volume than in any previous month roughly 9.6M loans the vast majority were credit grades AA-C. This is great news for Prosper on 2 fronts: total volume and loan quality. Here is the breakdown... May...... - Prosper.com Crosses 50 Million Dollars in Loans It took from 2/27/06 until 04/05/2007. Just over one month to go from 40 to 50 million. The pace is still quickening.  Date: Principal Closed: # Loans: # Registrations: # Lenders: # Borrowers: # Groups: # GLs: Historical Interest Rates Credit Grade Group Member Average Rate Less Than 5K......
- What is my Internal Rate Of Return on Prosper? Why do I want to calculate my Internal Rate of Return (IRR)? To make sure it is higher than my cost of money - ergo a good investment. I claim that my cost of money is 5% which I can earn in an Internet savings account. So my IRR needs......
- Listings, Unique Bidders, Loans, Average Interest Rate, and Total Amount Lent Some of these are leading indicators and some are trailing. Do you see a pattern? Month # Listings # Unique Bidders # Loans Average Interest Rate Total Lent 11/2005  39 12  13  10.56%  $47,800 12/2005  20 17  9  7.57%  $30,887 1/2006  48 21  8  8.23%  $45,120 2/2006  832 266  75  11.45%  $457,934......
- My Prosper Internal Rate of Return Update (End of Jly 07) = 0.57% This is a RateLadder only IRR update. (An IRR lender âgameâ update is in the works.) I saw a big spike in loan 1 month late or more. Here is my permanent tracking page: http://rateladder.com/my-prosper-irr/ My Prosper IRR is defined as: Monthly cash flows with one extra month using the......
Related Websites - I Want My Ex Boyfriend To Com Back To Me What Can I Do To Make Him Come Back? I Want My Ex Boyfriend To Com Back To Me Well i was dating this person his name is alex im 18 and his 20 we have been dating for like 2 weeks and we were cool he had came to my house and he met my family and everything......
- The Rule of 72, 114, and 144 This is a guest post by Dax Desai. I write at a self-named blog about daytrading, financial planning, and small business issues, and whatever invades my mind at the moment. I was interested in doing a guest post at this blog and when I saw he was going on vacation......
- Downsizing to a Condominium - Is it Too Soon? When baby boomers consider downsizing, moving to a condo is often high on the list of options. We have certainly thought about a condo as one future housing option. Thus, I have made it a habit to keep tabs on condo prices in our area. Starting 3-4 years ago, there......
- Could Lebron average a Triple-Double, for an entire season, in Mike D'aintoni's system? Some people believe Lebron will go to the Knicks in 2010. I'm not saying he will, but this is a "what if?" Lebron already puts up freakish numbers, in a pretty slow offensive system. If you put him in a system where it's "7 seconds or less" could he average......
- GoDaddy.com Coupon Codes - June 2009 GoDaddy.com offers a complete line of Web-related products, from domain name registration and transfers to Web hosting and e-mail accounts. Here's a list of GoDaddy Coupons for June 2009: Non-Expiring GoDaddy Coupons promo10 – 10% off your entire order promo15 - Save 15% on your order of $75 or more......
Online Stores
If you liked this article, vote for it on del.icio.us and stumbleupon.
Categories:
Tags:
4 comments ↓
Great and 99 million is currently in default status due to bankruptcy or identity theft.
Matt I approved your comment because I felt it warranted a rebuttal.
99MM is a blatantly incorrect figure. The true amount of that 100MM that is one month late or worse is is 11.2MM in origination volume. Note that the actual principal balance will be less.
Prosper repurchases all loans that are proven identity theft. Prosper repurchased one of my loans: http://www.rateladder.com/2007/10/26/prosper-repurchases-a-loan/
[...] are due to open their sites for business shortly. Seven competitors in a market space that, while growing in loan volume, is possibly not growing fast enough to support that many [...]
[...] [...]
Leave a Comment