Eric's Credit Community

Internet fame is both hard to measure and fleeting.  All you need to do is look at Excite.com, AltaVista or Friendster to realize that what’s hot today can quickly fade.  Shortly after starting this site I started to get mentions in a few major media outlets.  Wow, I thought, my 15 minutes of fame is [...]

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Lending Club is running an exclusive promotion for Ericscc.com users to join as a lender and invest their a first loan on them.  For the month of December, when you open an account using this link [sorry, promo has expired], you will be awarded $25 to buy your first loan. You might also see Lending [...]

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If you look at the lender profile screen for a lender (or many of the other lender-related reports on this site) you will set a “Total $ Loaned” figure.  Several people have asked me how I arrive at that figure and why it is different than what they see at LendingStats for example.  I was [...]

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Since I added the extended credit breakdown pie charts to the Lender screens, a number of people have asked me what those are for and if they are supposed to be a prediction of future delinquencies in that lender’s portfolio. The three pie charts displayed there (Current Delinquencies, 7 Year Delinquencies & 10 yr Public [...]

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One of the most frequently asked questions I get is “Why should I register?” It’s a good question, since the benefits of registering at EricsCC.com aren’t really apparent until you actually do it. So here’s a list of some of the features that registering on this site open up to you. For the over 2,000 [...]

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So I’ve finally decided to start a Blog.  Every day I get questions from users of this site about how to use and interpret the data here or requests for specific bits of Prosper-related information.   I hope to use this Blog as a tool to share the answers to some of these questions and better [...]

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