Here is my first portfolio report for you guys. What is in my own loan portfolio? Well, I’m a Credit Analyst so I put my money where my mouth is. I currently have zero loans with Lending Club, 6 loans with Prosper.com, and 1 private loan with a former client of mine from equipment finance … Read moreStu’s Portfolio: March 2013 Report
How you put your money into peer to peer loans or social lending is a byproduct of many factors. One of the biggest is our own tolerance for risk. Do you know what your tolerance for risk is? There are numerous self evaluating tools for this on the web. This is one of my … Read moreHow Risk Averse Are You?
The Prosper.com loan site lists 11 different types of loans that are available. Those loans are: Debt Consolidation Home Improvement Short Term & Bridge Loans Auto & Vehicle Loans Small Business Loans Baby & Adoption Loans Engagement Ring Financing Wedding Loans Friends & Family Loans Green Loans Military Loans By far, the most common … Read moreWhat Types of Loans Can I Invest In on Prosper.com?
Credit Analysis is an important part of our process of learning which loans fit our appetite for risk as all loan listings on a peer to peer lending site are not created equal. The first piece involved in credit analysis is the credit score. This is a single number score and the most common are … Read moreCredit Analysis: What is a Credit Score?
So let’s jump right in. How Does Prosper.com rate its loans? Prosper.com is one of the leading peer to peer lending sites on the web today. Prosper was the first peer to peer lending site created on the web, at least according to their own website. It’s a great site and platform for adding peer … Read moreHow does Prosper.com rate its loans?