RateLadder and LazyMan Default Debt Sale Results | P2P Lending, Peer to Peer Lending, People to People Lending

RateLadder had 1 loan in the recent debt sale.

CreditGrade: AA
Homeowner: Yes
Verified Account: Yes
Debt to Income Ratio: 25%
Very Clean Extended Credit
Sale date: Aug-24-2007
Sale reason: Delinquency
Principal balance before sale: $143.87
Loan value before sale: $152.68
Proceeds from sale and forfeited group rewards: $36.63

$36.63 / $143.87 = 25.46% of principal

LazyMan had 2 loans:

CreditGrade: C
Homeowner: Yes
Verified Account: Unknown
Debt to Income Ratio: Unknown
Extended Credit Unknown
Sale date: Aug-24-2007
Sale reason: Delinquency
Principal balance before sale: $43.26
Loan value before sale: $49.27
Proceeds from sale and forfeited group rewards: $4.06

$4.06 / $43.26 = 15.95% of principal

CreditGrade: D
Homeowner: Yes
Verified Account: Unknown
Debt to Income Ratio: Unknown
Extended Credit Unknown
Sale date: Aug-24-2007
Sale reason: Delinquency
Principal balance before sale: $45.60
Loan value before sale: $54.84
Proceeds from sale and forfeited group rewards: $3.83

$3.83 / $45.60 = 8.4% of principal

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