Well it was inevitable! Out of the 13 loans I currently have, two are in collections and the rest are current. I can't really complain as my average interest rate is now over 20%. I have managed to maintain this high return while adding some better credit loans into my mix. My net gain is $34.28. Of course, that will decrease if either or both of the loans in collection are written off.
Overall, I would have to say I am quite happy with the Prosper system and my experience. I will continue to post updates as my portfolio grows.
No comments:
Post a Comment