A common subject our community members talk about is: how many loans does a lender need to be diversified? As far as a number is concerned, based on my review of marketplace data I believe that that a minimum of 100 equal sized loans achieves effective diversification. In fact, I believe there are still diversification [...]
Related StoresOptimal number and size of loans - other factors to consider - for diversification
October 8th, 2008 — , Lend To Others, Misc, P2P Lending, Prosper, Prosper Lenders, peer to peer lending, personal loans from Kirk Inglis @ Prosper Blog: Prosper, the online marketplace for people-to-people lending
Why People with Excellent Credit Borrow on Prosper
June 13th, 2008 — , Get A Loan, Prosper from Kirk Inglis @ Prosper Blog: Prosper, the online marketplace for people-to-people lending
Individuals with good credit have a variety of alternatives when they need to borrow money. Traditional banks have spent untold millions of dollars on brand advertising reinforcing the notion that borrowing from a bank somehow bestows prestige on quality borrowers. But, does membership really have its privileges? Smart borrowers know there are two things they [...]
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Prosper’s Abundance of Performance Data: An Asset to Borrowers and Lenders
December 12th, 2007 — Market Survey, Prosper Borrowers, Prosper Lenders from Kirk Inglis @ Prosper Blog: Prosper, the online marketplace for people-to-people lending
Kirk Inglis, Chief Financial Officer of Prosper. Quote: “The $100 million milestone is a reminder that Prosper’s rich and unique set of historical performance data has the potential to benefit both lenders and borrowers. The free flow of information is the cornerstone of any successful marketplace and Prosper is committed to making its marketplace data [...]
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