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I was able to enter my username and get a full rundown of my performance, my 74 loans, no lates/defaults, etc. as well as the average interest rate of 15.11% (thankfully, the data on the site is accurate and matches the results I've been touting!). The estimated ROI takes into account project defaults, so at 14% net of defaults, I'd take that non-correlated result any day.
And of course this one was expecting 11% (see third-to-the-last comment).Fast-forward about 6-1/2 months, and: http://www.lendingstats.com/lenders/WealthBoy
Quote from: NewHorizon on July 30, 2008, 07:07:57 pmAnd of course this one was expecting 11% (see third-to-the-last comment).Fast-forward about 6-1/2 months, and: http://www.lendingstats.com/lenders/WealthBoyAnd his average loan age is still only 160 days, and all of his lates are still in the early to middle stages (late to 3-months late) -- His ROI will be in the toilet in another 3 months when all his current lates are 4+ and he has a few new ones in addition.
I can't count the bloggers I've seen in the last 2 years who jumped all over Prosper, convinced they would make incredible returns, but then never addressed their subsequent losses in their blogs.
OMG, this lender has a 34% lendingstats ROI !! let the bloggers know !http://www.lendingstats.com/lenders/flashover
Quote from: 112233 on July 31, 2008, 09:34:28 amOMG, this lender has a 34% lendingstats ROI !! let the bloggers know !http://www.lendingstats.com/lenders/flashoverHere's another one. This character even pm'd me asking me to help fund one of his POS's.