Tuesday, March 6, 2007

More On Historical Interest Rate Table

Following up on my previous post, it looks like there's been some resolution on the HistoricalInterestRateTable XML tag field. From the Prosper Forums, Dzogchen noted that the data looked suspiciously like the 30-day average rate for lenders.

Armed with this suggestion, I went back into the XML data and managed to calculate the historical interest rate table using loan listings less than 30 days old. This provides good information on how to interpret the rate table provided in the XML and a validation of Prosper's data dump. Good stuff!

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