Prosper income
April 14th, 2008 — , Prosper income, Statistics, state limits from Mike @ Prosperous Land Blog
Update: Darn it Prosper. Obsoleting my post less than 24 hours after I finished writing it. I’ll keep it around for posterity.
A while back, I noted that almost all portfolio-worthy loans are funding and this is driving Prosper’s loan creation engine….
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Continue reading → Time For Prosper To Drop The Bank Draft Fee?
March 27th, 2008 — , Prosper, Prosper income, Statistics from Mike @ Prosperous Land
February was not Prosper’s best month, with hitting a low for loan dollars originated. This shortfall was easily anticipated by the lower number of active listings (~1700) Prosper had during mid February. A fair amount of favorable press and Prosper Da…
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Continue reading → What A Difference A Month Makes
February 29th, 2008 — Prosper, Prosper income, Statistics, portfolios from Mike @ Prosperous Land
After a strong showing in January, Prosper’s monthly loan totals have dropped to about $5.7 million. With this disappointing return, I started digging through the loan activity to find some likely culprits. I think Prosper is having problems delivering…
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Continue reading → So Why The Weak February Loan Numbers?
January 6th, 2008 — Prosper income from Mike @ Prosperous Land
This is part of my continual effort to calculate Prosper’s corporate income. The criteria have been adjusted to account for the varying lender service fee that Prosper has charged over time. If you may recall, at one point Prosper charged 0.5% to servi…
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Continue reading → Prosper’s November Income
November 15th, 2007 — Prosper income from Mike @ Prosperous Land
Following up on last month’s post documenting how Prosper makes money, I plan to keep looking at their monthly income monthly to see how they’re progressing as a business. This will be the last time I can use my simplified method for accounting for se…
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Continue reading → Prosper’s October Income
October 5th, 2007 — Prosper income from Mike @ Prosperous Land
Following up on last month’s post documenting how Prosper makes money, I plan to keep looking at their monthly income monthly to see how they’re progressing as a business. Into this month’s totals. First, origination income:
Credit Grade
Loans Originat…
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Continue reading → Prosper’s September Revenue
September 10th, 2007 — Prosper, Prosper income from Mike @ Prosperous Land
In addition to all the intricacies of being a lending on Prosper, I also think it’s helpful to understand how Prosper makes it’s money. After all, Prosper requires cash to pay it’s employees and stay in business, and it’s in the lender’s best interest …
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Continue reading → How Prosper Gets Paid