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December 2, 2008
The slowdown hits my Prosper portfolio
I had been feeling pretty good that my Prosper portfolio was paying 11.73% and had no late payments six months ago. Unfortunately today out of 27 loans there are three late and in collections. The balances are small, but it is a sign of the times. I wonder when Prosper writes off the loans and adjusts you average return figures. Prosper is still in lock-down due to the Cease and Desist order and i hope they get out of it.
Posted by Martin at December 2, 2008 9:52 AM
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