Due to the positive feedback received on this post I thought I would re-create the analysis on another peer-to-peer lending dataset, courtesy of Prosper.com. You can access the Prosper Marketplace data via an API or by simply downloading XML files that are updated nightly http://www.prosper.com/tools/. ... [Read more...]

I have a few friends that keep bragging about their 14% annual returns by investing their money with Lending Club, a peer-to-peer lending service that cuts out the complexities and difficulties of getting approved for a loan through a bank. To give you an idea of the sheer amount of volume ... [Read more...]