Last week Lending Club had a post about their first 100 days — 100 Days and a Million Dollars in Loans!… This got me thinking, how does that compare with Prosper’s first 100 days?
Here are the Lending Club loans from that article…
Loans issued172 for $1,046,000
On Prosper during it’s first 100 days (2/16/2006 through 5/27/2006)
Loans issued985 for $4,716,443 and an average interest rate of 17.78%
Here is a query you can run on ProProsper to verify the Prosper numbers for yourself…
Update… Here I compare loan volume with identical credit score bands and DTI: Lending Club vs Prosper — The First 100 Days Take 3
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