December 31st, 2007 — , P2P Lending, Prosper, Prosper Lenders, Prosper.com, p2p loans, prosper lending, prosperlenders.com from nonattender @ Prosper Lending Resources
Prosper has recently done something *wonderful* for current and future Prosper Lenders. But I bet you don’t know what it is - or, if you do, why it’s so unbelievably important.Since it’s garnered very little attention in the P2P Lending Community thus…
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Continue reading → Notes on Prosper Lending: Interest Rate & Bidding Guidance
March 28th, 2007 — , Prosper, Prosper Lenders, Prosper.com, prosper lending, prosper loan, prosper loans from nonattender @ Prosper Lending Resources
One of the most often misunderstood issues I see popping up on the official forums with some frequency is that of reinvestment risk. To be absolutely clear, the kind of “reinvestment risk” that I’m referring to here is that which is taken on when good…
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Continue reading → Notes on Prosper Lending: Reinvestment Risk
March 27th, 2007 — , Prosper, Prosper Lenders, Prosper.com, prosper lending, prosper loans from nonattender @ Prosper Lending Resources
Prosper.com uses a proprietary & predictive credit scoring model called Experian ScoreX PLUS(sm) to calculate borrower credit scores. Prosper then assigns a letter grade based upon specific score ranges.While the score ranges may look similar to FICO(t…
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Continue reading → Notes on Prosper Lending: ScoreX Plus
March 26th, 2007 — , Prosper, Prosper Lenders, Prosper.com, prosper lending, prosper loan, prosper loans, prosperlenders.com from nonattender @ Prosper Lending Resources
Prosper loans are an entirely new asset class.There is, quite simply, no (truly) analogous (or available) existing historical performance data to look to for guidance - even when it comes to lending purely “by the numbers”.History is being made each da…
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Continue reading → Notes on Prosper Lending: Default Projections