My Summary of Prosper's Problems

[Loan_shark_74]

I have updated my OP a bit.  The most significant change is to reflect the current median Lendingstats projected ROI for all "moderately seasoned" Prosper lenders -- as of today, it is 2.50%.  http://www.lendingstats.com/lenders?loanCountFilter=1&loanAgeFilter=3&loanAmountFilter=0&submit=Filter&sort=estimatedROIColored&sortDirection=DESC&pageNum=226

Nice bump. 

[ira01]

I have updated my OP a bit.  The most significant change is to reflect the current median Lendingstats projected ROI for all "moderately seasoned" Prosper lenders -- as of today, it is 2.50%.  http://www.lendingstats.com/lenders?loanCountFilter=1&loanAgeFilter=3&loanAmountFilter=0&submit=Filter&sort=estimatedROIColored&sortDirection=DESC&pageNum=226

Nice bump. 

Nah -- whatever nonattender might think, that was a legitimate change.  Before I updated it, the median LS ROI was over 5%.  That is a dramatic difference, IMHO.  Presumably caused by LS correcting the error in the way that it was treating the very late loans (i.e., by crediting them with enough payments to be exactly 4 months late, rather than -- in some cases -- 8 or more months late).

[Potter]

Anything you want to update, Ira?

Potter

[ira01]

Anything you want to update, Ira?

As a matter of fact, I've been meaning to do an update on this for the last couple weeks, and then to also post it on my new blog.  While there are a few updates that need to be made, in reviewing my OP just now, it is striking just how accurate it still is -- unfortunately, very little has changed at Prosper (except for the worse). 

[ira01]

Anything you want to update, Ira?

As a matter of fact, I've been meaning to do an update on this for the last couple weeks, and then to also post it on my new blog.  While there are a few updates that need to be made, in reviewing my OP just now, it is striking just how accurate it still is -- unfortunately, very little has changed at Prosper (except for the worse). 

Unfortunately, haven't had time for the update yet.  But this was in need of a bump anyway.