My Prosper.com experience

Yes,thats no typo.There are 3718 loans that are late .

http://www.lendingstats.com/loans?_los=1&_los=2&_los=3&_los=12&_los=13&_los=14&_ros=4&_ros=5&_ros=6&_ros=7&_ros=8&_ros=9&_ros=10&_ros=11&_ls=1&_ls=2&_ls=3&_ls=4&_ls=5&_ls=6&_ls=7&_ls=8

All the loans.

 http://www.lendingstats.com/loans

If you ever thought about trusting the performance page on PMI,ask yourself why there are $7 million in 4+ lates not in their equation?

Did you see the Prosper advertisements.I wonder what that would do to those cherrypicked statistics if they had to default the $7 million in loans that are supposed to be there.