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How can Prosper improve for investors

Started by Peter, June 02, 2012, 11:00:00 PM

Previous topic - Next topic

Peter

I am working on a blog post about changes I would like to see at Lending Club and Prosper. We have a thread going here about Lending Club but I wanted to open it up for a discussion on Prosper.

Let me know what you think are the main points you would like Prosper to address.
Publisher of the Lend Academy blog

See my returns here: http://www.lendacademy.com/returns

WES

Prosper needs to update Debt Sales data. They don't show any historical data past 2007:
Dec 2007
701 loans sold   
12.5%: Homeowners
9.6%: Non-homeowners with AA and A credit grades
9.1%: Non-homeowners with B, C, and D credit grades
7.3%: Non-homeowners with E and HR credit grades
4.8%: Non-homeowners with NC credit grades
3.5%: Texas residents
Aug 2007
309 loans sold   
23.0%: Weighted average price for AA and A credit grades
13.3%: Weighted average price for B, C, and D credit grades
8.1%: Weighted average price for E and HR credit grades
May 2007
294 loans sold   
16 - 19%: Homeowners
2.4 - 3.3%: Non-homeowners
Dec 2006
51 loans sold   
27 - 30%: Homeowners with any credit grade
15 - 18%: Non-homeowners with a credit grade of D and above
3.0 - 3.7%: Non-homeowners with a credit grade of E and HR

TravelingPennies

Thanks Wes. I will add that to the list for my blog post.

pioneer11

It might be because they have not had a debt sale since then.

Xenon481

Prosper stopped performing debt sales after December 2007 in direct violation of their legal agreements with lenders.




NEW LOANS:   | 804.eth 2.500 Ξ | remoraid.eth 0.299 Ξ | remoraid.eth 0.299 Ξ | ALL