How Does Prosper.com or Lending Club Make Money?

 This is an important question because if we want to use these lending platforms successfully, then we need for the platform to stick around. In other words, it has to make money so we can make money.  First, Prosper.com makes money on loan originations. When a loan funds through their platform, they charge an origination … Read moreHow Does Prosper.com or Lending Club Make Money?

Stu’s Portfolio: March 2013 Report

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 does Prosper.com rate its loans?

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?