Prosper vs Lending Club — The First 100 Days | P2P Lending, Peer to Peer Lending, People to People Lending

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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