September 2009 Prosper Lending Update

It is the middle of the month again and it is time for my update on prosper.com lending. I reinvest all payments into new loans when I find one I like. I had 2 new bids become loans last month and also bought 1 note at a discount on the trading platform.

Here are my stats as of today:

Outstanding Loans: 46
Late: 2 (< 15 days)
Late: 0 (> 15 days, < 30 days)
Current: 44

Closed Loans:

Charged Off: 1
Paid Off: 3

Open Bids: 1

Total currently invested: $1608.35 (Principal Value)
Cash in Account: $59.83

Total Principal: $1668.18

Net Change from last month: $25.37 (+1.54%) increase