This month had a major event that I think will make it hard for the various ROI sites to even track accruately anymore… The “New Agency Test” aka Prosper is suing borrowers.
For me (I opted into the pool) I had my 6 loans immidiately defaulted at $0 value. Over time as the loan pool progresses I hope recover at least the JDB price of ~10% and hopefully much more… How will the 3rd party sites track this event? On any given loan there will be lenders that opted in and lenders that opted out.
Regardless I was expecting a drop this month…
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[...] Another Wordpress Theme OverhaulThe Complete Guide To Prosper.comQuicken ROI Update = 8.11%RateLadder IRR/ROI 3/08 Update — (2.11%) to 13.06%Prosper and Lending Club on CBS News NationwideCan Prosper Pay Interest?Prosper API Developer Email [...]
[...] to last month with the initiation of the lawsuits… This was a quiet month. My worst number Model [...]
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