P2P Lending

LendingClub getting bigger: Now filing with regulators

Lending Club

If you’re an active lender/borrower in the P2P community such as myself, the recent news (seen below) on LendClub’s site may strike as a shocking…

9Apr2008 | S. Oakes | Comments Off | Continued

Prosper’s Portfolio Plans: How to Get the Best Returns

One of the biggest issues any new lender will face is how to gauge what his or her true return on investment is. It is…

16Mar2008 | Jutia Group | Comments Off | Continued

Prosper Portfolio Plans: Replacement for Standing Orders?

For all of you die hard Prosper lending fans out there, this article will help you better understand some of the recent changes you’ve seen…

16Mar2008 | S. Oakes | Comments Off | Continued

Lending Club 101

Now that I have pretty much mastered much of what Prosper is all about, it’s time to take a serious look at their competitor – Lending…

14Jan2008 | S. Oakes | 2 comments | Continued

LendingClub: P2P Lending Experiment

In my quest to find the highest quality lending rates, I have ventured over to LendingClub. This is not to say that I am dissatisfied…

8Jan2008 | S. Oakes | 2 comments | Continued

Prosper: My Interview with Chris Larsen (CEO)

Chris Larsen - Jutia Group

Chris Larsen, CEO of Prosper, recently called me to discuss his company and some of the exciting new developments in the works.

Following the conversation, I…

19Sep2007 | S. Oakes | Comments Off | Continued

Question & Answer with Prosper’s CEO – Chris Larsen

Prosper Logo

My Prosper Interview with Chris Larsen:

S.O. – Could you please introduce yourself and how you came up with the idea for Prosper?

C.L. – Chris Larsen,…

19Sep2007 | S. Oakes | 1 comment | Continued

Prosper Options

I recently wrote in to Prosper’s customer support asking if there was any way I could do a standing order search that removed any potential…

7Sep2007 | S. Oakes | Comments Off | Continued

When Prosper Loans Go Bad…

In my previous post, I told you about some of the loans that were late in my lending portfolio. While on lendingstats.com I noticed something…

30Aug2007 | S. Oakes | 1 comment | Continued

Prosper Lending Update

Common sense would tell you that if there were subprime lending woes in the market – Prosper would be no exception. Apparently, there is currently…

24Aug2007 | S. Oakes | 6 comments | Continued

Prosper: Is Greed Really Good?

Recently I’ve hit the 55 loan mark, earning an average interest rate of 21.3%. Additionally, I have just over $400 sitting in cash waiting to…

6Jul2007 | S. Oakes | 4 comments | Continued

Retire on Prosper?

Okay, it’s been a while since I have updated you on my Prosper journey. Things are still going very, VERY well for me. So far,…

17Jun2007 | S. Oakes | Comments Off | Continued

Lending Statistics for Prosper

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…

25Apr2007 | S. Oakes | Comments Off | Continued

Prosper Pros and Cons

I found some great articles about Prosper by the same author titled:

Why Prosper.com Will Succeed & Why Prosper.com Will Fail by Justin McHenry over at Zen Personal…

25Mar2007 | S. Oakes | Comments Off | Continued

Prosper Q & A

Straight from the Horse’s Mouth…

Who can borrow?
Any adult US resident with credit score of 520 or higher can create a listing for a loan…

25Mar2007 | S. Oakes | Comments Off | Continued

A Prosper Standing Order Tutorial

Understanding Prosper’s Standing Order:

A standing order is an automatic bidding tool used by lenders, in which the lender authorizes Prosper to place bids on their…

25Mar2007 | S. Oakes | Comments Off | Continued
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