LendingStats Site Update | P2P Lending, Peer to Peer Lending, People to People Lending

LendingStats has just announced an update… And I think it has 2 cool features and a very nice upgrade to the LendingStats ROI calculation.

The ROI upgrade:

This caused their projection of my ROI to jump by almost 100 basis points (now at 4.85% as of this posting): RateLadder on LendingStats. They need change two more things… use the NetDefaults field of the new private data table LoanPerformance to find an average defaulted debt sale by credit grade and use the loan performance table to derive the actual loan payment history. For that matter they could calculate the roll rates from the loan performance table and not need to use the Penncro statistics.

Cool Feature #1 the LendingMap. The lending map lets you see the US in terms of Prosper default rate, loan amount, and average loan rate. I am not sure how useful this is, but it is kinda fun.

Lending Stats Map

Cool Feature #2 the projected originations on Prosper for the current month… It looks like Prosper will come in just under or right at 5MM for the month.

Prosper Growth

Blog Traffic ExchangeRelated PostsBlog Traffic ExchangeRelated Websites

  • Zopa US is DeadI hope you really like to hear about peer-to-peer lending news. Earlier today, I wrote about how Lending Club opened for business again and just before Prosper died (not in the traditional sense, just closed it’s doors for a potentially “several months” while it passes a few steps with the……
  • Prosper to Provide Secondary Lending MarketToday I received an email from Prosper to notify me that they are entering a quiet period, as they register with the proper securities authorities for a secondary lending market. What is a secondary lending market? It is a market where you can buy and sell loans that have already……
  • Getting A Loan: New Credit Score Rules For 2011If you thought getting a loan in this ongoing recession was hard, just wait; it’s about to get a lot more difficult. Although the past couple of years following the mortgage lending crisis have certainly put lenders on edge and forced them to pull the purse strings tighter and tighter,……
  • 5 Things to Look For When Picking a High Interest BankIf you’re interested in leveraging your credit in a safer environment, credit card arbitrage is one of the best ways. In order to succeed, you need to make more interest than your low interest balance transfer offer and for that you need to invest your money in a high interest……
  • LendingClub vs. ProsperRecently, I had come across an article about zopa.com and it really peaked my interest on peer-to-peer lending. In researching more about Zopa, I also came across two other major peer-to-peer lenders: Prosper and LendingClub. I researched both Prosper and LendingClub a bit and decided I liked LendingClub better, so……

Online StoresIf you liked this article, vote for it on del.icio.us and stumbleupon.




Leave a Reply

Your email address will not be published. Required fields are marked *