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[Mtnchick]

Woohoo! Just got 12 more - I think that's all the ones I wanted cleared out

[traveler505]

4 of my 5 4+ lates have sold.  The one that didn't sell went 4+ months late on December 8, consistent with my expectation that the cut-off date was in late November.  The one that went 4-months late on November 21 was sold.

[cwsswc]

Just got 2.

1 for $4.02 out of $44. The other for $6.77 out of $70.82

Still have the one 4+ bankruptcy, and one that's in the "new collections test" but hasn't seen any action yet. (and the one that's 3 months late, in bankruptcy status)

[msava]

I still have 12 +4 months to go. Is the sale over?

[traveler505]

It looks like they are processing them from lowest loan number to highest loan number today, so any loans that they skipped over may have to wait for next time.

Or perhaps there will be more announcements later.  Who knows?

[Mtnchick]

My one with the ONE payment from Aug 06 is still showing "In Collections". Oy.

[cubbiesnextyr]

I have 2 4+ monthers, 1 is in that "New Agency Test" and has not been sold.  The other is this gem which they paid 12.9% ($5.89 on $45.50 prin o/s) of the outstanding prin for.  Odd.  Made 8 on time payments, then <15 and paid, then nothing.  June 8, 07 was the last payment, so that puts it at 6 months late.  Good riddance.

[Soupy1]

I still have 12 +4 months to go. Is the sale over?

I have 23 of 38 - 4+ months yet to sell.  They seem to be getting cleaned up quickly this morning.

[vsqueen]

My 3 loans that were eligible were sold this morning.  This leaves me with 5 more 4+ lates (4 BKs and another just went 4 months today), 2 3mo, and a 1mo I get to watch until the next sale.

[arebelspy]

I've got something like 40 loans that are 4+ months late.

Got three emails so far, with timestamps of 6:34am, 6:51am, and 8:20am (PST).

-arebelspy

Got 19 more this morning.  Still have 18 that are 4+ months late.  Ouch.   

-arebelspy

[ducks]

My first ever debt sales! Lucky me!

Loan: Need To Consolidate For Business Opportunity! (Loan #8512)
Borrower: PyramidLending
Sale date: Dec-27-2007
Sale reason: Delinquency
Principal balance before sale: $47.96
Loan value before sale: $54.07
Proceeds from sale and forfeited group rewards: $5.96

Loan: Auto Loan and Credit Card Consolidation (Loan #8314)
Borrower: mark2086
Sale date: Dec-27-2007
Sale reason: Delinquency
Principal balance before sale: $49.31
Loan value before sale: $52.82
Proceeds from sale and forfeited group rewards: $5.78

This is almost exactly 11%.


Addendum

Loan: Home Appraisal Boost (Loan #9531)
Borrower: sshcch
Sale date: Dec-27-2007
Sale reason: Delinquency
Principal balance before sale: $47.22
Loan value before sale: $53.87
Proceeds from sale and forfeited group rewards: $5.95

That's my third, and I now have a net loss of $29.27.

All three were homeowners at the time of the listings.

[ira01]

My one with the ONE payment from Aug 06 is still showing "In Collections". Oy.

Have you ever asked Prosper about this?  If not, you should.  There is either something odd going on with this one, or it has somehow slipped through Prosper's cracks. 

[Capital_Finance_Group]

My 4+ Loan was sold - I got $2.50 for the $47 unpaid Principal balance - YES

[Mtnchick]

My one with the ONE payment from Aug 06 is still showing "In Collections". Oy.

Have you ever asked Prosper about this?  If not, you should.  There is either something odd going on with this one, or it has somehow slipped through Prosper's cracks. 

I don't even know who to ask - who should I contact? It's showing it just went to the collection agency 1 month ago. 

[ira01]

My one with the ONE payment from Aug 06 is still showing "In Collections". Oy.

Have you ever asked Prosper about this?  If not, you should.  There is either something odd going on with this one, or it has somehow slipped through Prosper's cracks. 

I don't even know who to ask - who should I contact? It's showing it just went to the collection agency 1 month ago. 

That's interesting too.  I assume it never showed BK or anything?  I would call the lender "priority" line.  You'll probably get Cameron.  See what he says as to why Prosper waited over a year to send a late loan to collections.