prosper lending

 

Lender rates - a walk down memory lane

Let’s have a quick walk down memory lane to see some of the Prosper ads that have aired over time. I guess this was the earliest ad:Then there was this one, that at least had some footnotes explaining some of the calculations:The footnotes read:[1] Rat…

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Notes on Prosper Lending: Interest Rate & Bidding Guidance

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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Notes on Prosper Lending: Reinvestment Risk

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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Notes on Prosper Lending: ScoreX Plus

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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Notes on Prosper Lending: Default Projections

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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