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Prosper.com late loan statistics update

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Fred93:
I've updated my late loan stats chart, adding the 12/15/07 data points.



This chart, along with discussion, appears as a new entry today in my blog http://prospers.org/blogs/Fred93  

I included as an example a calculation of default rate for Prosper's Oct'06 loans (about 20%/year), and comparison of same to the default rate mentioned in a recent Yahoo article about Prosper (3%).

I used to post these charts every 2 weeks on the prosper.com forum.  Prosper has disallowed that a few weeks ago (apparently now disallowing all graphics in messages), so I switched to posting the charts in my blog.  Now that we have a public section in the prospers.org forum, this might be a better place.

arebelspy:
Sigh.

112233:
some historical context
http://www.prosperreport.com/threads/6/5/6523.0.HTM
http://www.prosperreport.com/threads/1/1/2/11290.0.HTM

Tokyo Joe:
Significant improvement for loans made since since July-August...

LoanChimp:

--- Quote from: Tokyo Joe on December 17, 2007, 12:11:52 am ---Significant improvement for loans made since since July-August...

--- End quote ---

groups, baby...

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