Prosper.com Crosses 40 Million Dollars in Loans

Today is the day of stats… I find the marketplace info today truly astounding.  It took less than 2 months (1/10/07 to 2/27/07) to go from 30 million to 40 million.  The pace is quickening.

Here is the maketplace data from today’s data dump.

Date:
Principal Closed:
# Loans:
# Registrations:
# Lenders:
# Borrowers:
# Groups:
# GLs:
Historical Interest Rates
Credit Grade Group Member Average Rate Less Than 5K Average Rate 5K to 10K Average Greater Than 10K
NC 0 0.26400    
HR 0 0.25335   0.28500
E 0 0.25377 0.26171 0.25250
D 0 0.19429 0.19352 0.23690
C 0 0.14227 0.16358 0.19863
B 0 0.10419 0.13231 0.16566
A 0 0.10894 0.10455 0.12847
AA 0 0.07882 0.08875 0.11755
NC 1 0.17676    
HR 1 0.23094 0.26483  
E 1 0.20858 0.23026 0.24231
D 1 0.16565 0.19311 0.21678
C 1 0.13870 0.15279 0.18348
B 1 0.11248 0.12341 0.14930
A 1 0.08614 0.09782 0.12923
AA 1 0.07750 0.09311 0.12228
If you liked this article, vote for it on del.icio.us and stumbleupon.


Categories:

Prosper.com, Statistics



3 comments ↓
#1 Mike on 03.02.07 at 8:44 pm

Are those rates lender rates or borrower rates? It matters to make judgments on the group’s effectiveness.

Mike

#2 Kevin on 03.02.07 at 9:10 pm

I don’t know for sure as I didn’t generate these stats. They came directly from the data dump. I was going to look up the answer in the data dump documentation, but Prosper is down for maintenance right now.

#3 Mike on 03.05.07 at 1:28 pm

It looks like the historical table matches up with trailing 30-days lender rates.

Mike

Leave a Comment

Email Updates