P2P-Banking

Prosper announces new features for lenders

Prosper has confirmed that it will release new lender features over the next few months. Most important is an risk estimator that will allow lenders better to gauge the default risk when bidding. Prosper will use its own data from past loans to calculate the risk level rather then only rely on Experian data like in the past.

See Mike's question and answers with Prosper Andrew and Matt's story on the changes for more details.

Occupations with lowest defaults
Free-riders on the p2p lending bandwagon?