May 28th, 2006 — P2P Lending from cellardoor @ Prosperl.icio.us
As listings improve, and borrowers provide detailed budgets, lenders naturally begin to wonder about expenditures and over-optimism — can one, after all, get by w/just $75 on gas in LA?
My small contribution to the cause, and tackling the issue of gr…
Continue reading → Contemplating borrower budgets using objective metrics
May 23rd, 2006 — P2P Lending from cellardoor @ Prosperl.icio.us
…’nuff said. (Subtract off 0.25%, of course, for the infernal bank draft option…)
Also, advanced search now allows for almost every imaginable combination of criteria — and even cooler — every advanced search criterion is now applicable to stand…
May 20th, 2006 — P2P Lending from cellardoor @ Prosperl.icio.us
Wall Street Journal article viewable here.
If you want to engage in some good old fashioned pumping (but no dumping), click on the email button on the upper right hand side to send it to someone.
This helps the article move up the list of “top/most e…
Continue reading → Prosper makes the Wall Street Journal, and salon.com!
May 17th, 2006 — P2P Lending from cellardoor @ Prosperl.icio.us
Many Prosper users have long wished for an eBay-style Q&A on each loan page, where lenders could ask borrowers questions about their loans.I provide an open source solution to the problem athttp://prosperlenders.wikispaces.com/where further details are…
Related StoresMay 16th, 2006 — borrower, creatinglistings from SeattleEditor @ SeattleEditor's Prosper Blog
Choosing What to Borrow For
After making the decision to try out being a borrower on Prosper, we
poured through our budget to see if it was a good financial deciscion - and if
so, how a Prosper loan could be used to improve both our finances and o…
May 7th, 2006 — P2P Lending from cellardoor @ Prosperl.icio.us
As Prosper expands, and more and more new lenders and borrowers sign up and start posting on Prosper forums, more social friction inevitably ensues. My role on Prosper is almost entirely that of a lender (and all-purpose gadfly on forums and blogs), …
Related StoresMay 4th, 2006 — P2P Lending from cellardoor @ Prosperl.icio.us
Please, please first read (or skim) my 4 posts on “What an X% default rate should mean to me” — which cover Prosper.com loans from the perspective of lenders
Default Rates, Part I
Default Rates, Part II
Default Rates, Part III
Default Rates, Par…
Related StoresContinue reading → A horribly oversimplified Excel model for modelling defaults
May 3rd, 2006 — P2P Lending from cellardoor @ Prosperl.icio.us
Courtesy of economics_phd on Prosper forums — I consider this one of the most original hacks I’ve seen thus far:
Here’s my first contribution to “Prosper.com for Dummies,” by cellardoor and atlantageek.
Suppose you’re an E borrower who wants to borro…
May 3rd, 2006 — P2P Lending from cellardoor @ Prosperl.icio.us
Someone recently proposed that we remove higher risk borrowers from Prosper altogether. I disagree (see Excel file at end of post as well).Instead:1)Consider further segmentation of the HR bucket2)Eventually, raise rate caps3)But first, increase overa…
Related StoresMay 3rd, 2006 — lender, supportedloans from SeattleEditor @ SeattleEditor's Prosper Blog
A Good Pick?
Congratulations to amylweb! The loan listing I bid on has now been
fully funded. This means that the borrower is going to get their loan from the
Prosper.com lenders, including myself. The funds were withdrawn immediately from
my Pr…
May 1st, 2006 — P2P Lending from cellardoor @ Prosperl.icio.us
Hmm…interesting post by Jon Witchel (or some other Jon employed by Prosper), Prosper’s CTO, on forums, which officially confirms that Prosper.com has purchased a late loan from lenders. Based on private comments from other lenders, the purchase was …
Related Stores
 |
| Learn to refinance your mortgage the right way at Finweb. Understanding the Forex trading market is easy when you have the right informational resource. Starting your own business? Look into getting a credit card for businesses. |
|
| Learn to refinance your mortgage the right way at Finweb. Understanding the Forex trading market is easy when you have the right informational resource. Starting your own business? Look into getting a credit card for businesses. |
© P2P No Bank
