Entries from June 2006 ↓
June 26th, 2006 — P2P Lending from cellardoor @ Prosperl.icio.us
I frequently hear people discussing the inadequate diversification of various lenders’ Prosper portfolios.
Here’s the thing — other than for tax/mental bucketing/liquidity reasons, who the heck should care if your Prosper portfolio is inadequately …
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Continue reading → Appropriate levels of diversification for Prosper.com lenders
June 25th, 2006 — P2P Lending from cellardoor @ Prosperl.icio.us
A post from traveler505 on the Prosper.com forums recently caught my eye:
A BK followed by current delinquencies is absolutely a red flag, unless the “now delinq” can be shown to be a reporting error. It is not uncommon for an account that was includ…
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Continue reading → How I Look at Current Delinquencies, from traveler505
June 22nd, 2006 — borrower, creatinglistings from SeattleEditor @ SeattleEditor's Prosper Blog
Creating a Loan ListingI found that creating a borrower listing on Prosper.com was amazingly simple and have detailed the process and some advice I’ve gleaned from what I’ve seen on Prosper so far. [Edit - check Prosper’s Discussion Forums for a …
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Continue reading → The Nitty Gritty Details
June 20th, 2006 — P2P Lending from cellardoor @ Prosperl.icio.us
Making it more clear that I’m quoting a user with the handle of nonattender who posted something interesting on forums, and that I’m not implying that I’m writing a letter to prosper as a nonattender/someone dropping out from the prosper game. 
I f…
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Continue reading → Nonattender’s letter to prosper
June 16th, 2006 — borrower, creatinglistings from SeattleEditor @ SeattleEditor's Prosper Blog
The Question of Who?After due consideration of the merits of trying to take out a Prosper
loan, we had to make a few more decisions before putting up a loan listing.
The first decision was who to put the loan listing under. At first glanc…
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Continue reading → Becoming a Borrower
June 15th, 2006 — borrower, creatinglistings from SeattleEditor @ SeattleEditor's Prosper Blog
Should I Become a Borrower?
While talking to my Partner about my Prosper account, telling her about the
payment coming in, a new thought occurred. Should we think about using
Prosper’s borrower services for our own family?
Previously, I had only …
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Continue reading → Changing Focus
June 14th, 2006 — P2P Lending from SeattleEditor @ SeattleEditor's Prosper Blog
First Statement Arrives
Yesterday, I received my first Prosper lender statement - detailing that
the first payment on the loan on which I bidded has been paid. My Prosper
account now has a positive balance of $1.85 - the amount I’ve earned back fr…
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Continue reading → Payment Made on Loan #1
June 9th, 2006 — P2P Lending from cellardoor @ Prosperl.icio.us
This is intended as a supplement to “Everything You Ever Wanted to Know about Group Rewards, But Were Afraid to Ask — The Long Version.”
First off, “group rewards” are better termed “leader fees.” Even in a 100% shared group, all that happens is tha…
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Continue reading → Be aware of how much group rewards/leader fees cost over 3 years!
June 7th, 2006 — P2P Lending from Odyssey77 @ Craigslisters group on Prosper.com
What to include in the Forums to advertise your listingDetail current come $_____.___Current budget1)2)3) etc.Net monthly available cash after expenses $____.___Items paid with Prosper loan1)2)3) etcPost (projected budget after consolidation)1) Prospe…
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Continue reading → What to include in the Forums to advertise your listing