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Author Topic: Prosper plans to reopen  (Read 32253 times)

Mtnchick

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Re: Prosper plans to reopen
« Reply #45 on: April 28, 2009, 09:29:02 am »
Quote from: brianguy on April 28, 2009, 09:24:22 am
Quote from: Fred93 on April 28, 2009, 12:34:58 am
Quote from: Mark12547 on April 28, 2009, 12:15:00 am
Minimum credit scores from individual borrowers will be 640.

640 was the bottom end of the "C" credit grade.  Goodbye to the old "D" and "HR".   Good move.


+1

Don't get too excited - many of the autoloans are way below 640 (yet are "rated" as higher  :-\ )
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Staneslav

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Re: Prosper plans to reopen
« Reply #46 on: April 28, 2009, 09:32:53 am »
a
« Last Edit: December 05, 2017, 03:46:24 pm by Staneslav »
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bamalucky

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Re: Prosper plans to reopen
« Reply #47 on: April 28, 2009, 09:34:40 am »
It's funny that this is all they can manage in 6 months of wriggling.

This is pitiful to say the least..

Used car notes? Come on.This has entered the realm of ultra shady.

ETA: I've never even heard of some of these cars
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bamalucky

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Re: Prosper plans to reopen
« Reply #48 on: April 28, 2009, 09:38:43 am »
So many questions.Who will Repo these cars.Does these car companies still own part of the note & will they own the entire repo car while Prosper lenders are left with nothing?
« Last Edit: April 28, 2009, 09:41:04 am by bamalucky »
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112233

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Re: Prosper plans to reopen
« Reply #49 on: April 28, 2009, 09:39:58 am »
sometimes prosper fails to think past the marketing aspect
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112233

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Re: Prosper plans to reopen
« Reply #50 on: April 28, 2009, 09:41:28 am »
who's specified as the lien holder on the car title?
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Urbi_et_Orbi

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Re: Prosper plans to reopen
« Reply #51 on: April 28, 2009, 09:43:21 am »
Quote from: Staneslav on April 28, 2009, 09:32:53 am
It should be interesting to see how bidding activity picks up in the near future.

How can we tell?
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bamalucky

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Re: Prosper plans to reopen
« Reply #52 on: April 28, 2009, 09:46:02 am »
You know,I thought Prosper catered to the lowest level of humanity before,but I forgot all about the sub-level who pay 20% at a tote-the-note place.

Welcome to the new Prosper -1.0
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Mark12547

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Re: Prosper plans to reopen
« Reply #53 on: April 28, 2009, 09:56:40 am »
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bamalucky

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Re: Prosper plans to reopen
« Reply #54 on: April 28, 2009, 10:00:56 am »
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Mtnchick

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Re: Prosper plans to reopen
« Reply #55 on: April 28, 2009, 10:08:42 am »
Quote from: bamalucky on April 28, 2009, 10:00:56 am
Quote from: Mark12547 on April 28, 2009, 09:56:40 am
Business Wire article: Prosper Expands P2P Loans Marketplace in Response to Credit Crisis

Expanding by losing 49 states..Thats funny

And having "credit scores" that really don't correlate to anything.
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Loan_shark_74

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Re: Prosper plans to reopen
« Reply #56 on: April 28, 2009, 10:17:04 am »
I am wondering if non-California residents will be able to, "Trade Notes on The Trading Platform"? It is not active yet, but I may be interested in selling some of mine.

http://www.prosper.com/invest/trade.aspx

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BigCowboy

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Re: Prosper plans to reopen
« Reply #57 on: April 28, 2009, 10:27:08 am »
I noticed:

1:  14 days allowed for a listing to run.
2:  Credit score of at least 640 required to run a listing.

-BigCowboy
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NewHorizon

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Re: Prosper plans to reopen
« Reply #58 on: April 28, 2009, 10:44:28 am »
Quote from: bamalucky on April 28, 2009, 09:01:35 am
WTF happened to performance?

I guess they just killed ericscc.com & lendingclub.com

I hope this info on all the loans is still gonna be out there.


ETA: NM,i found it.It's hidden on a very small "here" button at the bottom

http://www.prosper.com/invest/performance.aspx

Also "View Full Performance Data" in the upper-right.
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cowdog

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Re: Prosper plans to reopen
« Reply #59 on: April 28, 2009, 11:00:29 am »
Crap, they are back to a $25 minimum to transfer out.

 >:(
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