Prosper Lender IRR "Game"

 

RateLadder IRR/ROI 3/08 Update — (2.11%) to 13.06%

This month had a major event that I think will make it hard for the various ROI sites to even track accruately anymore… The “New Agency Test” aka Prosper is suing borrowers.
For me (I opted into the pool) I had my 6 loans immidiately defaulted at $0 value.  Over time as the loan pool progresses [...]

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Continue reading → RateLadder IRR/ROI 3/08 Update — (2.11%) to 13.06%

Prosper IRR Lender “Game” September 07 Update

It is time for the end of September 2007 update of the IRR Lender “Game.”
This month was just a regular month.  A Collections guru was hired and I did have a collections paymnet at the last second that saved me from a negative model IRR.  Hopefully, a sign of things to come.
This is going to [...]

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Prosper IRR Lender “Game” Jun 07 Update

It is time for the June 2007 update of the IRR Lender “Game.”
Since the last update there has been a delinquent debt sale.  This is a major event for our IRR game and it remove assumptions about defaulted debt by solidifying losses and increasing the cash position. 
This will cause the best IRR values to go down, but [...]

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