My Prosper.com experience

They only have 1 borrower & her score is better on loanio.com than it is on her duplicate Prosper listing & we all know how bad Scorex sucks.She's a D on Prosper.C at Loanio.

Kinda a bad omen to see such a shitty thing roll out as the very 1st listing.

http://www.prosper.com/lend/listing.aspx?listingID=406696

I wont bother you with my thoughts on the bailout.

But I do want to let you know, if you vote for it, I will be voting against you on November 4.

Very Truly Yours,

Your Constituent

Dear Zopa,

Your product for "lenders" is no longer competitive.3.75% one year CD isn't in the ballpark with other internet rates.

The novel idea of Zopa just isn't worth it when last week,WAMU had a 5% one year CD on offer.Several rates above 4.5% are still out there. 

Using March 1 2006-March 1 2008 to screen out early loans from Prosper employees to themselves on the early date & the later date to give the loans a few months to age returns information that only AA loans are not negative return when you factor in late loans.Keep in mind when you view the link that you also need to subtract at least 85% of the loans that are 1 month late or more because historically on Prosper,loans that go one month late ,go on to default 85% of the time.

http://www.prosper.com/lend/performance.aspx?af=0&esba=63&gm=0&gr=0%2c1%2c2%2c3%2c4%2c5&hw=0&iba=255&ibid=0&iwatch=0&lc=0%2c1%2c2%2c3%2c4%2c5%2c6%2c7&lq=&maxAmt=25000&maxDTI=1000000&maxFund=1&maxGrpTLC=1000000&minA=0&minAA=0&minAmt=0&minB=0&minC=0&minD=0&minDTI=0&minE=0&minFund=0&minGrpTLC=0&minHR=0&minNC=0&occ=&od=08%2f23%2f2008&oer=03%2f01%2f2008&osr=03%2f01%2f2006&plcgd=&plp=0&sf=10&sh=0&sn=&tg=0

http://www.prosper.com/about/management/kirk_inglis.aspx

Late on his loan.He also changed his user name a few days ago & cancelled a second fully funded listing or Doug Fuller aka fraudman did.

Weird times at prosper.com

Discussion of his user name from prosper days

http://www.prospers.org/forum/live_reporting_from_pd08_in_irc-t5898.0.html;msg86032#msg86032 

The late loan

http://www.prosper.com/lend/listing.aspx?listingID=66637