While on Prosper I noticed in the one of the borrower listings there was someone who not only uploaded a picture of themselves, but also a shot of their Prosper lending stats in a nice graphical display. At first I thought this was a feature on Prosper that I had not yet stumbled across, and then I noticed that on the top of this screen shot there was a web address: www.lendingstats.com

This site appears to be completely independent of the main site Prosper, yet it tracks every user on the site and also tracks the explosive growth the site has experienced since inception. If you are new to this site there is no need to create a user name or password. On the main index page you can click a link near the pie chart which will take you to an area where you can insert your Prosper screen name. Once you enter this information and click to proceed further you will then see a pie chart of your own lending activity.

So by now you’re probably thinking just what exactly do these charts display?

On the pie chart you are given a breakdown of all the loans you have made, which ones are current, late, defaulted, etc. Each section being broken down by a different shade of color and in direct proportion to the value as a percentage of total loans made. Furthermore, there is an easy to read breakdown of each loan which shows the current payment status, interest rate, and borrower risk rating.

This site is not just about graphs though.

You can research different lending strategies, see what other prominent and more experienced members on Prosper are doing with their money, and even see the amount lent out by the top ten lenders on Prosper which range from approximately $100,000-$900,000.

So, if you are still cautious on joining Prosper think of those who have en enormous amount of wealth and confidence tied up in personal lending site that is growing by an average of 450 members per day.

Personally, I have been a Prosper member for about two months now, made 32 loans at $50.00 each currently earning an average of 19.7% interest rate, and have had a very positive experience to date as all loans are current in their payments. I find it to be a great tool that compliments my investment portfolio and provides a stable flow of passive income.