FAQ   Search   Memberlist   Usergroups   Register   Profile   Log in to check your private messages   Log in  newbie questions          Wiseclerk.com Forum Index -> Lenders View previous topic :: View next topic   Author Message e90_m3 Joined: 22 Feb 2008 Posts: 3 Posted: Tue Feb 26, 2008 8:40 am    Post subject: newbie questions Thanks.... since i am a newbie, is there anywhere where I can find out how Prosper works in details? For example, details like if a listing is not fully-funded, will my fund still goes to the borrower? Also where I can find stats of non-funded loans, etc.? Back to top Wiseclerk Site Admin Joined: 22 Nov 2007 Posts: 70 Posted: Wed Feb 27, 2008 5:01 am    Post subject: Prosper help Hi, many questions are answered on the Prosper help page: http://www.prosper.com/help/ Quote: For example, details like if a listing is not fully-funded, will my fund still goes to the borrower? No, if the listing at Prosper is less then 100% funded when the listing time ends, the borrower does not receive a loan. Money the lenders have bidded is then returned to the lenders account and can be used to bid on other loans. The borrower can try again with another listing (relisting). In fact many borrowers need multiple listing attempts before they fund: http://www.wiseclerk.com/reporting-a-borrower_relist-l-borrower_relist-m-all.html Quote: Also where I can find stats of non-funded loans, etc.? Leading stats sites for Prosper data are http://www.ericscc.com and http://www.lendingstats.com There are also some stats functions on Wiseclerk: http://www.wiseclerk.com/index-old.php Feel free to post more questions if you are uncertain about anything _________________ Check the P2P-Banking blog Back to top e90_m3 Joined: 22 Feb 2008 Posts: 3 Posted: Wed Mar 12, 2008 9:00 am    Post subject: Do you know how Lending Club works? How is Lending Club different from Prosper, in terms of process? I was searching the web and seems like they have this "LendingMatch" technology. If I am a borrower, do I still list like what I do in Prosper--i.e., write a story on why I need the $, my financial status, etc. then wait for funding, or does LC allows me to get the loan immediately like if I go to eLoan? How does it work on the Lenders side? Do I need to browse through multiple loan request listings? Back to top Display posts from previous: All Posts1 Day7 Days2 Weeks1 Month3 Months6 Months1 Year Oldest FirstNewest First         Wiseclerk.com Forum Index -> Lenders All times are GMT - 9 Hours Page 1 of 1   Jump to: Select a forum Lending----------------Lenders Borrowing----------------Borrowers Groups----------------Group Leaders P2P Lending Services----------------Prosper forumLending Club forumZopa forumLoanio forumKiva forumGlobefunder forumMyc4 forumMicroplace forumMore p2p lending servicesMore social lending services  You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum phpBB SEO URLs V2 Powered by phpBB © 2001, 2005 phpBB Group Blocked registrations: 266