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GREAT BRITAIN 1876 News band wrapper halfpenny green

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White House News Photographer Bag great for Inaugural

White House News Photographer Bag great for Inaugural

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Roundup: Improving Your Credit Score and Wall Street

This week focuses heavily on improving your credit score.  Credit Karma got some great news which you can learn below. Don’t forget to check out the other categories.
National Credit News:

FT writes US injection lifts confidence.
Forbes says Fed: [...]

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Prosper in May Set a New Monthly Loan Origination Volume High Water Mark

(sql to produce statistics at the end of post) 
In May, Prosper originated more loan volume than in any previous month roughly 9.6M loans the vast majority were credit grades AA-C.  This is great news for Prosper on 2 fronts: total volume and loan quality. Here is the breakdown…

May 2008 Prosper Origiantions

Credit Grade
Loans
Amount
Amt / Loan
% total

AA
223
$2,003,970
$8,986
20.9%

A
225
$1,924,277
$8,552
20.0%

B
270
$2,084,555
$7,721
21.7%

C
388
$1,979,505
$5,102
20.6%

D
295
$1,202,235
$4,075
12.5%

E
82
$185,909
$2,267
1.9%

HR
120
$220,425
$1,837
2.3%

Total
1603
$9,600,876
$5,989

All [...]

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