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Late stats no one ever uses

Today 2-8-2008 there have been 18707 loans made on prosper of which 3066 are late or worse. Prosper is running a campaign to keep any & all information away from lenders by moderating,lawyers,changing their own performance tab, etc to skew the data.

 

Approx 1/6 of ALL loans ever made on prosper.com are late!!!

This entry was posted on February 8th, 2008 at 10:02:17 am and is filed under General.

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3 comments

Comment from: zcommodore [Member] Email
That doesn't include what are likely a couple of hundred that are <15 late that don't show up on the performance tab.
02/08/08 @ 15:09
Comment from: kesslerm [Member] Email
A couple questions. Does the total include all originated loans, including the ones that have paid off? Also, is your number of delinquent loans ones that are currently delinquent, or ones that have ever been delinquent? Actually, it would be better to only include accounts that have been open at least 60 days for your total and look at the delinquency on them.
02/08/08 @ 16:41
Comment from: bamalucky [Member]
My numbers include every loan ever made on prosper including those too new for a payment according to lendingstats.com.

I'm giving prosper the new loans for free & it's still approx 1/6
02/08/08 @ 18:00

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