Comments on: Prosper.com Correlations: Late Loans and Interest Rate Caps http://www.personalloanportfolio.com/73/prosper-correlations-late-loans-and-interest-rate-caps/ Lending Club and Prosper.com Experience Sun, 05 Sep 2010 13:45:59 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Personal Loan Portfolio http://www.personalloanportfolio.com/73/prosper-correlations-late-loans-and-interest-rate-caps/comment-page-1/#comment-1135 Personal Loan Portfolio Thu, 11 Sep 2008 01:28:20 +0000 http://www.personalloanportfolio.com/73/prosper-correlations-late-loans-and-interest-rate-caps/#comment-1135 Tim, Thanks for the questions. I think at the time that I wrote this that Prosper was not lending in all 50 states. Additionally, since that time they found a way to get around the state rate caps, so the information does not apply to current loans any longer. The <a href="http://www.prosper.com/legal/states_and_licenses.aspx" rel="nofollow">page that I linked to at prosper in the post</a> previously contained a state by state listing of loan value and interest rate caps. I took the rate caps from that page a few days before posting this. However, these historical correlations due to the previously required rate caps are something that one needs to be aware of if doing any historical analysis by state. Tim, Thanks for the questions. I think at the time that I wrote this that Prosper was not lending in all 50 states. Additionally, since that time they found a way to get around the state rate caps, so the information does not apply to current loans any longer. The page that I linked to at prosper in the post previously contained a state by state listing of loan value and interest rate caps. I took the rate caps from that page a few days before posting this.

However, these historical correlations due to the previously required rate caps are something that one needs to be aware of if doing any historical analysis by state.

]]> By: Tim http://www.personalloanportfolio.com/73/prosper-correlations-late-loans-and-interest-rate-caps/comment-page-1/#comment-1132 Tim Sun, 07 Sep 2008 13:49:27 +0000 http://www.personalloanportfolio.com/73/prosper-correlations-late-loans-and-interest-rate-caps/#comment-1132 Did you get them from prosper.com? just because this site's rate caps are far different... http://www.lectlaw.com/files/ban02.htm Did you get them from prosper.com? just because this site’s rate caps are far different… http://www.lectlaw.com/files/ban02.htm

]]> By: Tim http://www.personalloanportfolio.com/73/prosper-correlations-late-loans-and-interest-rate-caps/comment-page-1/#comment-1131 Tim Sun, 07 Sep 2008 13:04:34 +0000 http://www.personalloanportfolio.com/73/prosper-correlations-late-loans-and-interest-rate-caps/#comment-1131 Hi, nice analysis! But what about the 5 missing states: KY NV RI SD AZ is there no interest rate cap for them? btw, where did you get the cap rates? best, tim Hi, nice analysis! But what about the 5 missing states:

KY
NV
RI
SD
AZ

is there no interest rate cap for them? btw, where did you get the cap rates?

best, tim

]]> By: Personal Loan Portfolio http://www.personalloanportfolio.com/73/prosper-correlations-late-loans-and-interest-rate-caps/comment-page-1/#comment-530 Personal Loan Portfolio Sun, 11 May 2008 03:01:13 +0000 http://www.personalloanportfolio.com/73/prosper-correlations-late-loans-and-interest-rate-caps/#comment-530 Does <a href="http://www.personalloanportfolio.com/images/state_rates_loan_data.xlsx" rel="nofollow">this link work</a>? Does this link work?

]]> By: Tom http://www.personalloanportfolio.com/73/prosper-correlations-late-loans-and-interest-rate-caps/comment-page-1/#comment-526 Tom Fri, 09 May 2008 04:53:14 +0000 http://www.personalloanportfolio.com/73/prosper-correlations-late-loans-and-interest-rate-caps/#comment-526 I'm getting a 404 on your spreadsheet. Is it still available? I’m getting a 404 on your spreadsheet. Is it still available?

]]> By: PLP http://www.personalloanportfolio.com/73/prosper-correlations-late-loans-and-interest-rate-caps/comment-page-1/#comment-323 PLP Fri, 14 Mar 2008 05:39:57 +0000 http://www.personalloanportfolio.com/73/prosper-correlations-late-loans-and-interest-rate-caps/#comment-323 Update: fixed a typo in the first sentence. Oops! Update: fixed a typo in the first sentence. Oops!

]]>