With the release of the monthly statements I can update my Prosper Quicken ROI (Lending Club where is my statement?).
So first let me say that I was expecting to have to default over $300 in principal last month do to the New Agency Test to which I opted in. Prosper has not yet marked those loan defaulted and as such my Quicken ROI was fairly uneventful this month with a normal month increase.
My Quicken ROI went from 10.59% on 1/1/2008 with an average loan age of 213 days to 11.22% on 2/1/2008 with an average loan age of 236 days. This is a fairly typical jump in my Quicken ROI on uneventful months. I am expecting some excitement this month. Prosper Days is just around the corner.
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