September 22nd, 2007 — Features, Lending Club, Press, Tech Series, datasets, direction, expose, exposing, opening, sparked, transparency, unfamiliar from Joaquin Delgado @ Better Rates. Together.
Going beyond Facebook has sparked quite a lot of press and the interest of more users, most of whom are unfamiliar with P2P Lending. Along with the opening of our website, we have also received several requests to expose raw data and performance statistics about loans and lenders. We believe this is very important [...]
Related Websites - The WealthBoy Strict ROI for Prosper Lenders WealthBoy, whom I met at Prosper Days, has just released The WealthBoy Strict ROI for Prosper Lenders -- an open source, sql based ROI calculation for Prosper Lenders. His calculation makes use of the public and private data files from Prosper. He was inspired by his Prosper Blog post: The Rule......
- Big Prosper Changes -- 2nd Loans, Authenticated API, 0% on AA, 36% Max Rate, and Portfolio Plans Big changes for Prosper today in new release... Borrowers can now have second loans Authenticated API for access to extended credit and a lender's loans for lenders 0% servicing fee on AA credit In states where rates aren't capped the new maximum is 36% Portfolio Plans might be the biggest change of......
Continue reading → Opening up Lending Club
July 7th, 2007 — Lending Club, Scale, Series, Tech Series, aggressive, conservative, intend, invited, lendingmatch™, lingering from Joaquin Delgado @ Lending Club
In this second edition of our technical series I will try to answer some of the questions lingering from the previous posting as I explain further how we generate portfolio recommendations.
When using LendingMatch™, lenders are invited to input the amount they intend to lend and the level of risk they are willing to take on [...]
Related Websites - Loan Credit Distribution is an Important Part of Diversification at Prosper Everyone has heard that you should diversify your investment portfolio. This includes both types (for example stocks, bonds, cash, loans) and kinds ( for example Mid-cap, International, Tech, Municipal, and Credit Grades.) Diversifying your portfolio in Prosper is similar to your larger portfolio. First you must ask and truthfully answer......
- Prosper Diversification Diversification is essential to success on Prosper. There are many kinds of diversification: multiple loans, geographic, loan use... While the most important kind of diversification is accomplished via as many as loans as possible (no more than 2% of your portfolio in a single loan), the type of diversification that......
Continue reading → Tech Series 2: Determining the Optimal Mix of Loan Grades in LendingMatch™ Portfolio Recommendation
