Peer-to-Peer Lending 5-Year Performance Update

My experiment with peer-to-peer lending at Prosper.com continues, and it’s been another busy year.

The platform has seen some impressive growth, both in terms of the number and volume of “originations,” and the number of lenders competing for the most attractive loans to lend on.

I used Lending Robot to automatically deploy idle cash for all of 2015, which has worked out pretty well so far.

Prosper.com Year 4 Performance Update

My experiment with peer-to-peer lending at Prosper.com continues, and it’s been another busy year.

The platform has seen some impressive growth, both in terms of the number and volume of “originations,” and the number of lenders competing for the most attractive loans to lend on.

As my idle cash began to grow, I sought out a smarter way to deploy it and began using Lending Robot, which has worked out pretty well so far.

Automating my Peer-to-Peer Lending with LendingRobot

In my last peer-to-peer lending update, I noted that the returns and cash flow were still strong, but that it was almost impossible to find good loans to lend on anymore.
Turns out the “professional” p2p lenders are all using automated software that snaps up the most attractive loans in seconds. My old-fashioned method of logging into the site at 9am and 5pm when new loans were released was not going to cut it.

Prosper.com Year 3 Performance Update

My experiment with peer-to-peer lending at Prosper.com continues, and it’s been another busy year. The platform has seen some impressive growth, both in terms of the number and volume of “originations,” and the number of lenders competing for the most attractive loans to lend on. In fact, there’s been a huge influx of institutional money … Read more

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