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[Risk_Reward]

They've also been running radio ads during conservative talk shows.

You're kidding?  I thought they were DailyKoz people?

They were even advertising borrowing.

You would think they would advertise lending on conservative shows and borrowing on liberal shows.  Then they could even tell the borrowers not to bother making any payments, not that they need to be told.

[chameleon734]

Did anyone read the fine print on who can be shown on TV while at PD08?
Are any royalties going to be paid to those being shown on these TV/Radio commercials and how much?

[LoanChimp]

Did anyone read the fine print on who can be shown on TV while at PD08?
Are any royalties going to be paid to those being shown on these TV/Radio commercials and how much?

The last two videos, "Meet Real Prosper Borrowers" and "Meet Real Prosper Lenders" do not appear to be commercial advertisements, but merely promotional videos.

[SGriff]

They were even advertising borrowing.

You would think they would advertise lending on conservative shows and borrowing on liberal shows.  Then they could even tell the borrowers not to bother making any payments, not that they need to be told.

Wasn't that what the whole "borrowing on Daytime TV shows" and "lending on late-night slots" idea was about?

I'll wager Mike Savage would shill for the lending side for pretty cheap - and his listeners buy anything he sells...

[Risk_Reward]

They were even advertising borrowing.

You would think they would advertise lending on conservative shows and borrowing on liberal shows.  Then they could even tell the borrowers not to bother making any payments, not that they need to be told.

Wasn't that what the whole "borrowing on Daytime TV shows" and "lending on late-night slots" idea was about?

I'll wager Mike Savage would shill for the lending side for pretty cheap - and his listeners buy anything he sells...

That guy is nuts, I can't believe anyone listens to him.

[SGriff]

Come on, he's like Rush, only louder and angrier...

[112233]

when do the infomercials begin?

[misssalaska2000]

Those cashfunder people have 1 default... $100 netted them $28.50...  Aren't most debt sales around 3-5%?

The loan in question.

As a borrower, I can imagine it would be advantageous to know how much a JDB paid for a bad debt.  Talk about leverage.

[Senator]

hmmmmmmmmmmm....

Just how many dings do you get on your credit report if you default on your loan, after 2 payments to throw off DoFu's lawyers, then pay the JDB 10 cents on the dollar (assuming he paid 5 cents on the dollar) to "discharge" the debt?

 

[misssalaska2000]

A lot, but the dings weighted as heavily (re: FICO score) in about 12 months.  It just shows up as a paid collection.

[bamalucky]

The woman who says she's getting about 8% is married to Soupy1

Eric has Soupy1 at a little over 5% ROI

http://www.ericscc.com/lenders/soupy1

He's a member of Ohana & i wouldn't think it would be a stretch to guess his wife is too.

Coincidence he belongs to the biggest koolade group around?

Nose dive  EricsCC Estimated ROI¹: -1.11%

[bamalucky]

Here she is  http://www.prosper.com/groups/member_home.aspx?screen_name=luana

http://www.ericscc.com/lenders/luana

7.25% ROI on erics

ETA: Avg Interest Rate (weighted):     8.01%

She's doomed when one goes late

EricsCC Estimated ROI¹: -4.13%

A little aga on these loans makes one humble fast

[bamalucky]

Here is the young kid who put more than 50,000
and was on high roi panel
http://www.lendingstats.com/lenders/eauclaire101

http://www.ericscc.com/lenders/eauclaire101

EricsCC Estimated ROI¹: -5.02%
Avg Loan Age:  707 days

[Beerbud1]

The woman on the panel at PD08 screenname is goosebumps:

http://www.ericscc.com/lenders/goosebumps

Portfolio Performance
Avg Interest Rate (unweighted):  27.78%
Avg Interest Rate (weighted):  25.86%
Experian Estimated ROI: 14.99%
EricsCC Estimated ROI¹: -30.26%
Avg Loan Age:  795 days

[bamalucky]

The woman on the panel at PD08 screenname is goosebumps:

http://www.ericscc.com/lenders/goosebumps

Portfolio Performance
Avg Interest Rate (unweighted):  27.78%
Avg Interest Rate (weighted):  25.86%
Experian Estimated ROI: 14.99%
EricsCC Estimated ROI¹: -30.26%
Avg Loan Age:  795 days

Thats funny. Someone should invite her here & see what she has to say now