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Fred93's Blog

A lender's view of Prosper.com

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Fred93's Blog | fred93blog.blogspot.com Reviews

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A lender&#39;s view of Prosper.com

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Fred93's Blog: Prosper.com - bankruptcy postponed

http://fred93blog.blogspot.com/2010/02/prospercom-bankruptcy-postponed.html

A lender's view of Prosper.com. Thursday, February 4, 2010. Prosper.com - bankruptcy postponed. Bankruptcy has been postponed. At the 11th hour, on February 1, 2010, a group of 6 venture capital firms injected a small amount of money ($2 million) into Prosper.com in the form of a bridge loan. A relatively short time from now. Prosper's management will be working hard to find the next investor before this time is up. I wish them well. To have a chance of growing to a sustainable revenue, Prosper needs an ...

2

Fred93's Blog: Prosper.com - 12/2009 late loan stats update

http://fred93blog.blogspot.com/2010/01/prospercom-122009-late-loan-stats.html

A lender's view of Prosper.com. Sunday, January 3, 2010. Prosper.com - 12/2009 late loan stats update. Here's the December 2009 update to to my Prosper.com late loan statistics charts. The worst month so far is still October '06. Of the loans originated by Prosper.com in October'06, 44.2%. Have now gone bad. Feb '07 is comin' up fast with 43.9%. Gone bad so far. More detail can be found in my earlier posts. Click on the chart to see a larger clearer version. If they become frugal, perhaps the cash could ...

3

Fred93's Blog: Prosper.com - the lawsuits are not going well

http://fred93blog.blogspot.com/2008/10/prospercom-lawsuits-are-not-going-well.html

A lender's view of Prosper.com. Friday, October 31, 2008. Prosper.com - the lawsuits are not going well. In January of this year, Prosper initiated a test program to bring suit against a small set of nonpaying borrowers. 66 very late loans were selected, and Prosper turned these loans over to the law firm of Hunt and Henriques to go after the nonpayers, and try to recover some funds. I wrote about this earlier here. Lets review the timeline:. First suit filed. In Riverside county. Prosper vs Cline. Case ...

4

Fred93's Blog: March 2010

http://fred93blog.blogspot.com/2010_03_01_archive.html

A lender's view of Prosper.com. Wednesday, March 31, 2010. Prosper.com - backloaded months. For a long time now, Prosper lenders (those members who lend to others thru Prosper), have observed that a great many Prosper.com loans originate in the last 3 or 4 days of each month. Each month is "back loaded". So do we have an end-of-month rush? This is the end of another month, and I've updated my loan growth chart. This chart shows Prosper's loan origination by month, so we can see how the business is gr...

5

Fred93's Blog: Prosper.com - 11/2009 late loan stats update

http://fred93blog.blogspot.com/2009/12/prospercom-112009-late-loan-stats.html

A lender's view of Prosper.com. Saturday, December 5, 2009. Prosper.com - 11/2009 late loan stats update. Here's the November 2009 update to to my Prosper.com late loan statistics charts. Toward the end of this article, I have included some comments on recent events at Prosper.com. The worst month so far is October '06. Of the loans originated by Prosper.com in October'06, 44.2%. Have now gone bad. October'06 is not alone. Many other months have produced similarly bad performance. 10Q) with the SEC. ...

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prosperlending.blogspot.com prosperlending.blogspot.com

Prosper Lending Review: Green Sherpa Flexes For Competition With Mint/Quicken

http://prosperlending.blogspot.com/2009/09/green-sherpa-flexes-for-competition.html

News and tips for the peer to peer (P2P) loan marketplace. Monday, September 21, 2009. Green Sherpa Flexes For Competition With Mint/Quicken. A few days ago I had the opportunity to talk with Erin Lozano, the COO and founder of Green Sherpa. About how the company has changed since the launch a year ago. Green Sherpa eliminates the manual data of Excel and Quicken, but also allows customers to download their own data to save, archive and manipulate, even if they choose to cancel the service. Green Sherpa ...

prosperlending.blogspot.com prosperlending.blogspot.com

Prosper Lending Review: Prosper: A hands-on education in risk management

http://prosperlending.blogspot.com/2007/06/prosper-hands-on-education-on-risk.html

News and tips for the peer to peer (P2P) loan marketplace. Wednesday, June 20, 2007. Prosper: A hands-on education in risk management. For some new lenders on Prosper. By Peter L. Bernstein. I thoroughly enjoyed reading this book, and highly recommend it. There are too many important concepts to cover them all in one article, but the two most important items are diversification and risk adjusted return. Here are some lenders that did just that:. This concept extends beyond Prosper. The next concept is ri...

prosperlending.blogspot.com prosperlending.blogspot.com

Prosper Lending Review: Financial Start-ups Form ‘Coalition for New Credit Models’

http://prosperlending.blogspot.com/2009/10/financial-start-ups-form-coalition-for.html

News and tips for the peer to peer (P2P) loan marketplace. Wednesday, October 21, 2009. Financial Start-ups Form ‘Coalition for New Credit Models’. DC – October 20, 2009. Amid historic regulatory reforms being considered by the new administration and lawmakers on Capitol Hill, the. Coalition for New Credit Models. Chris Larsen, Chief Executive Officer and Co-founder of. America’s largest peer-to-peer lending marketplace. James Gutierrez, Chief Executive Officer of. Nicolas Perkin, President of. Adopt leg...

prosperlending.blogspot.com prosperlending.blogspot.com

Prosper Lending Review: Borrowing money to lend on Prosper: Wise or Foolish?

http://prosperlending.blogspot.com/2007/07/borrowing-money-to-lend-on-prosper-wise.html

News and tips for the peer to peer (P2P) loan marketplace. Wednesday, July 25, 2007. Borrowing money to lend on Prosper: Wise or Foolish? Frequently you will see listings on Prosper. Where someone plans to take out a loan for the purpose of reinvesting the money back into Prosper at a higher interest rate. The idea is that you borrow money at a low interest rate and then reinvest it at a higher rate to make money on the carry. Lets take a closer look to see if that is the case. The worst case scenario is...

prosperlending.blogspot.com prosperlending.blogspot.com

Prosper Lending Review: How does Prosper compare to other investments?

http://prosperlending.blogspot.com/2007/08/how-does-prosper-compare-to-other.html

News and tips for the peer to peer (P2P) loan marketplace. Wednesday, August 1, 2007. How does Prosper compare to other investments? There are many different ways to measure an investment. We might ask questions like: What is the potential return? What is the risk? What fees are involved? What are the tax consequences for the investment returns? Are there tax benefits to losses that might be incurred? How time intensive is the investment? In general, how does it compare to other investments? A3: Prosper ...

prosperlending.blogspot.com prosperlending.blogspot.com

Prosper Lending Review: Eleven perspectives on P2P lending

http://prosperlending.blogspot.com/2008/03/eleven-perspectives-on-p2p-lending.html

News and tips for the peer to peer (P2P) loan marketplace. Monday, March 17, 2008. Eleven perspectives on P2P lending. We recently received a question from a reader who wants to get started P2P lending through Prosper. His situation is similar to many who discover P2P lending and are enticed by the attractive returns and wonder if it is too good to be true. We have collected eleven different responses from personal finance bloggers and lenders. An average of 10% ROI for $100k worth of 3 year prosper loans.

prosperlending.blogspot.com prosperlending.blogspot.com

Prosper Lending Review: Many Changes at Mint.Com

http://prosperlending.blogspot.com/2009/08/many-changes-at-mintcom.html

News and tips for the peer to peer (P2P) loan marketplace. Friday, August 28, 2009. Many Changes at Mint.Com. Earlier this month Mint.com. Received another $14 million in series C funding. This round was led by DAG Ventures, and includes Founders Fund. Already investing in Mint are Benchmark Capital, Shasta Ventures, First Round Capital, and Sherpalo Ventures. Mint has 1.4 Million registered users, tracking $175 billion in transactions and $47 billion in assets. I’m especially enjoying the new traf...

prospers.org prospers.org

Fred93's blog

https://www.prospers.org/blogs/Fred93.html

This blog is moving! October 31st, 2008. Fred93s blog about prosper.com has a new home: http:/ fred93blog.blogspot.com/. In fact, Ive posted a new entry there today, discussing the status of Prospers lawsuits against delinquent borrowrs. Send feedback ». Prosper.com - 10/15/08 late loan stats update. October 17th, 2008. Heres the october 15th, 2008 update to to my Prosper.com late loan statistics charts. A larger, more readable. Version of that chart can be found here. We continue to see horribly mislead...

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Fred93's Blog

A lender's view of Prosper.com. Wednesday, June 8, 2011. Prosper.com - Series E financing analysis. A few days ago, Prosper.com received another venture capital investment. Investors paid $0.739/share, a slightly higher price than last year's round, but still far far lower than the $9.692/share Prosper raised in 2007. Here's a quick history of Prosper's venture capital. 04/2005, Series A, 4,023,999 shares for $7,464,450, or $1.875 per share. I hope to see you there! Monday, August 2, 2010. Click on the c...

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Fred93MFG

Fred93's MF Global Blog. Friday, March 23, 2012. Just a short photo essay on a few of the connections of the incredibly well-connected Jon Corzine. JC was buddies with multiple presidents and first ladies, rode on Air Force One, danced at the white house. Will Attorney General Holder feel comfortable indicting such a well-connected individual? Certainly not. Will he do it anyway? Perhaps, if you do enough lobbying. With President Obama on Air Force One. Arriving For a Party at The White House. The CFTC h...

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