Archive for the ‘ p2p lending ’ Category

We are thrilled with the results from Prosper’s first two months of operations since re-launch. Lenders are really capitalizing on Prosper’s best in class rating system and auction pricing model. Continue reading Prosper Lenders Are Doing A Great Job Pricing!

On September 15th, Fed Chairman Ben Bernanke uttered the words we’ve all been waiting for months and months (if not years) to hear. He said, “From a technical perspective, the recession is very likely over at this point.” Music to my ears! Continue reading Adios, Recession - Now let the spending and lending begin!

Overseeing Operations in a start-up environment is a delicate balancing act. There is a constant tradeoff between quality and the necessarily thin staffing levels of a startup. Looking at a front office operations area, customer service is an example of this dilemma. Inbound call volume can be Continue reading Renewed Customer Focus

Prosper recently received the results of a regulatory exam by the Colorado Office of the Attorney General, the agency that administers the consumer lending laws in that state. The Colorado exam went very well, resulting in no deficiencies or “exceptions.” Continue reading Colorado Regulatory Exam

September 17, 2009:
Business Week: Financial Innovation Under Fire; Can we protect consumers and still be creative? By Peter Coy

September 17, 2009:
Fort Worth Star-Telegram: More students turning to peer-to-peer loans to pay for college Continue reading Prosper’s Media Roundup - 9/18/2009