Interesting Portfolio Date Range
Prosper had an interesting disclaimer on their estimated loss information associated with the portfolio plans.
1 Estimated average annualized loss rate based on the historical performance of Prosper loans for borrowers with similar characteristics, originated between Oct-31-2007 and Oct-31-2007, measured as of Nov-30-2007. Actual performance may differ from estimated performance due to many reasons, for example, worsening economic conditions.
It's either a typo, or that was a great lending day for them. I'm going with it being a typo (2006 - 2007?), but it provided some entertainment for the morning. I need to get out more.
Update: Wow. That didn't take long to get fixed. You'd think Prosper read this blog or something
1 Estimated average annualized loss rate based on the historical performance of Prosper loans for borrowers with similar characteristics, originated between Jun-01-2006 and Oct-31-2007, measured as of Nov-30-2007.
2 comments:
I assume they do monitor
P2PNoBank and Technorati. At least I would, if I were in charge of communications
I've noticed quite a few hits on my blog recently from prosper.
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