A new loan funded (Consolidating — $25,000 at 23.00%).  I participated via my old standing order: High DTI — AF.  Which is this loan was funded as a high debt to income ratio and was an auto-funding loan.  The borrow had C credit and 39% DTI.  As a reminder my standing orders only find loans with 0 current delinquencies, 10 or less delinquencies in the last 7 years, and 2 or less public records in the last 10.

With this loan I have $3,400 across 55 loans ($61.82 per loan) with an weighted average interest rate of 16.14% and an account value of $3,453.56. Each loan on average is 1.8% of my portfolio.

Here is the listing:

For the readers that believe in reading the actual description without modification:

I am a professional who would like to consolidate debt, I sincerely appreciate the help.

Here is a graph of all loans on Prosper with C credit and a DTI of 39% +/-5% and Loan Amount $20,000 +/-$5,000:

Number of Loans	Average Amount Borrowed	Weighted Average	Standard Deviation
6	$18939.83	19.76%	2.06%

21.82% equals weighted average plus 1 standard deviation . This is a great loan rate.  I love standing orders.

What do you think?

 

 

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Loan Review, Prosper.com