Need your help

Prosper's censors on the forums have decided to silence my posts. For the past week I have attempted to post about 10 replies... none have appeared. I was offering my analysis of particular listings posted in the lender forum... utilizing the features of my extension.

Yet my posts did not have links to my sites, this blog. Instead I referred people to my Prosper member page to read further about my strategies.... which I did list my blog there.

I have requested an explanation from support in an email... no response.

If you have been frustrated with Prosper's new censorship policies on the forums please send support a message complaining.

Maybe if enough lenders complain we can bring a more productive forum back to Prosper.

Version 2.1.1: new feature on similar loans

Some minor fixes around Similar loans. And a new feature. Once you click on Similar Loans on the detail page a new window pops up showing all the defaulting loans similar to the listing you are reviewing. A new link appears at the top of this new page. "View Additional Info" Okay not a very creative title.

This will popup another new window that shows a month by month breakdown of the defaulting loans... showing how many originated in each month and how many of those are now defaulting. Why is this interesting you ask?

You can see the trend of defaults increasing as loans age. In this example the older loans from 2006 are defaulting at 20-30% yet the average is 9%. So I would expect the newer loans to trend up towards the 20%. So over time you have a 20% chance that this listing will default.

Loan Origination
Year.Month : Total : Late Loans
2006.02 : 4 : 1 : 25.00%
2006.03 : 4 : 0
2006.04 : 13 : 4 : 30.77%
2006.05 : 10 : 2 : 20.00%
2006.06 : 20 : 4 : 20.00%
2006.07 : 13 : 3 : 23.08%
2006.08 : 25 : 5 : 20.00%
2006.09 : 26 : 3 : 11.54%
2006.10 : 24 : 3 : 12.50%
2006.11 : 14 : 3 : 21.43%
2006.12 : 14 : 2 : 14.29%
2007.01 : 33 : 0
2007.02 : 36 : 5 : 13.89%
2007.03 : 39 : 3 : 7.69%
2007.04 : 38 : 8 : 21.05%
2007.05 : 54 : 3 : 5.56%
2007.06 : 46 : 6 : 13.04%
2007.07 : 54 : 5 : 9.26%
2007.08 : 50 : 4 : 8.00%
2007.09 : 40 : 1 : 2.50%
2007.10 : 39 : 1 : 2.56%
2007.11 : 36 : 0
2007.12 : 63 : 0
2008.01 : 2 : 0
Total :697 : 66 : 9.47%

Number of similar loans created in the past month: 65

Dates of significant change: Aug-2006 and Feb-2007
Additional credit info was added on these dates

Version 2.1.0: Fixes to site changes

Well it has been awhile... a few features had stopped working when Prosper changed their site. This update restores most features. Nothing new was added but minor features had to be removed because of the Prosper changes.

The most useful features I still believe are the Market Analysis popups and Similar Loans. Don't leave home without them!

Also check out my analysis of Member Growth. Basically Prosper's growth has been static.

Version 2.0.3: Fix to the crash

Thanks to a couple of users I was able to find two crashes caused by the recent changes to use the new API. I will look for more but these were the two obvious ones.

Version 2.0.2: More fixes

First if you do see the warning mentioned in the prior post you must click the Allow button... or else IE will crash. Pressing space or tab will default to 'Don't Allow' which causes the crash.


Some changes in this release.

Similar Loans is working again... and better.
All search result listing pages have been improved. You can view extended credit info again, the average rate is displayed, view prior listings works better. Basically experiment wherever you see the magic wand check it out.

In order to view the extended credit info from either search results or similar loans you will have to provide your login information. If you wish not to you will not be able to use this feature. On similar loans this ability greatly improves my decision on whether or not to bid on a listing.

The 'Specific' market analysis popup is now even more specific ... for example, if the listing you are examining has 0 defaults then the criteria of 0 defaults is added... before 'specific' only got specific if the extended credit info was non-zero. Not sure if that makes sense... but I use all 3 market analysis popups to understand the listing... you should as well.

Version 2.0.1: Making it work again

Mid October Prosper modified their APIs --- which broke much of my extension. This version fixes most of the problems. Not all.

Using IE7 you will most likely be prompted with a warning about csc.exe. Click the allow button but at this time I am not advising on clicking the 'do not show this warning again' message. I hope to make this go away.



After that most functionality should be back. I did have to change the Favorites link text in the menu bar to just Fav so that it would fit. Currently the extension options is missing... I'll add it back somewhere soon.

Let me know if you find anything missing or not working.

Version 1.8.8: a few minor fixes

Well it has been over a month since my last update... I was on vacation and then of course getting back into real life after took awhile. Thanks for the feedback about the issues that cropped... sorry I was unable to address them.

The average rate will now display again.
The hot lists work again.
The export loan info to excel works again.
Verify Bids in the endorsement section is working again... a little different but you get the same data.

A few issues remain... Similar loans is broken. Market Analysis comes and goes... this is caused by a 3rd party site I use to gather the data.

Let me know if I missed anything.