Listing Report:Supplement No. 31 dated Jan 10, 2011 to Prospectus dated Dec 20, 2010File pursuant to Rule 424(b)(3)
Registration Statement No. 333-147019
Prosper Marketplace, Inc.
Borrower Payment Dependent Notes
This Listing Report supplements the prospectus dated Dec 20, 2010 and provides information about each loan request (referred to as a "listing") and series of Borrower Payment Dependent Notes (the "Notes") we are currently offering. Prospective investors should read this Listing Report supplement together with the prospectus dated Dec 20, 2010 to understand the terms and conditions of the Notes and how they are offered, as well as the risks of investing in Notes.
The following series of Notes are currently being offered:
Borrower Payment Dependent Notes Series
489712
The following information pertains to the borrower loan being requested, that corresponds to the series of Notes to be issued upon the funding of the borrower loan, in the event the listing receives commitments to purchase Notes in an amount that equals or exceeds the minimum amount required for the loan to fund.
|
Amount:
| $7,500.00 |
Prosper Rating:
| B |
Listing Duration:
| 14 days
|
|
Minimum Amount to Fund:
| $5,250 |
Estimated loss*:
| 5.95% | | |
|
Term:
| 36 months | | | | |
|
|
Lender yield:
| 13.90% |
Borrower rate/APR:
| 14.90% / 17.07% |
Monthly payment:
| $259.62 |
| |
|
Lender servicing fee:
| 1.00% |
Effective Yield*:
| 13.67% | | |
| |
Estimated return*:
| 7.72% | | |
* Estimated loss is the estimated principal loss on charge-offs. Effective yield is equal to the borrower interest rate: (i) minus the servicing fee rate, (ii) minus estimated uncollected interest on charge-offs, (iii) plus estimated collected late fees. Effective yield, Estimated loss and Estimated return are intended to represent the estimated average effective yield, loss and return, respectively, on a basket of loans with the same characteristics as this listing. All estimates are based on the historical performance of Prosper loans for borrowers with similar characteristics. The calculations of Effective yield, Estimated loss and Estimated return require significant assumptions about the repayment of loans, and lenders should make their own judgments with respect to the accuracy of these assumptions. Actual performance may differ from estimated performance.
Borrower's Credit Profile
|
Prosper score (1-10):
| 8 |
First credit line:
| Aug-1994 |
Debt/Income ratio:
| 12% |
|
Credit score:
| 740-759 (Jan-2011) |
Inquiries last 6m:
| 0 | Employment status: | Employed |
|
Now delinquent:
| 1 |
Current / open credit lines:
| 7
/
5 | Length of status: | 2y 2m |
|
Amount delinquent:
| $4,014 |
Total credit lines:
| 41 |
Occupation: | Professional |
|
Public records last 12m / 10y:
| 0/ 0 |
Revolving credit balance:
| $566 | Stated income: | $75,000-$99,999 |
|
Delinquencies in last 7y:
| 12 |
Bankcard utilization:
| 14% | | |
| | |
Homeownership:
| No | | |
|
Screen name:
| first-relentless-integrity |
Borrower's state:
| Texas |
Borrower's group:
| N/A |
Credit and homeownership information was obtained from borrower's credit report and displayed without having been verified.
Employment and income was provided by borrower and displayed without having been verified.
Description
Development fees for online startup
Purpose of loan:
This loan will be used to finish development and launch a website designed to be the first and only lifestyle brand and online media company for one of the fastest growing demographics in the US with the 2nd highest disposable income of any life stage segment.
My financial situation:
I am a good candidate for this loan because there are three founding business partners involved in this endeavor, and together we have already self-funded over 80% of the total amount required to launch the site, so we are fully committed/vested.? Furthermore, I currently hold a well paid, stable full-time job (as do my business partners).
Information in the Description is not verified.
Borrower Payment Dependent Notes Series
490255
The following information pertains to the borrower loan being requested, that corresponds to the series of Notes to be issued upon the funding of the borrower loan, in the event the listing receives commitments to purchase Notes in an amount that equals or exceeds the minimum amount required for the loan to fund.
|
Amount:
| $7,000.00 |
Prosper Rating:
| E |
Listing Duration:
| 14 days
|
|
Minimum Amount to Fund:
| $4,900 |
Estimated loss*:
| 14.20% | | |
|
Term:
| 36 months | | | | |
|
|
Lender yield:
| 31.20% |
Borrower rate/APR:
| 32.20% / 35.86% |
Monthly payment:
| $305.66 |
| |
|
Lender servicing fee:
| 1.00% |
Effective Yield*:
| 29.77% | | |
| |
Estimated return*:
| 15.57% | | |
* Estimated loss is the estimated principal loss on charge-offs. Effective yield is equal to the borrower interest rate: (i) minus the servicing fee rate, (ii) minus estimated uncollected interest on charge-offs, (iii) plus estimated collected late fees. Effective yield, Estimated loss and Estimated return are intended to represent the estimated average effective yield, loss and return, respectively, on a basket of loans with the same characteristics as this listing. All estimates are based on the historical performance of Prosper loans for borrowers with similar characteristics. The calculations of Effective yield, Estimated loss and Estimated return require significant assumptions about the repayment of loans, and lenders should make their own judgments with respect to the accuracy of these assumptions. Actual performance may differ from estimated performance.
Borrower's Credit Profile
|
Prosper score (1-10):
| 5 |
First credit line:
| Jun-1975 |
Debt/Income ratio:
| 6% |
|
Credit score:
| 700-719 (Jan-2011) |
Inquiries last 6m:
| 1 | Employment status: | Other |
|
Now delinquent:
| 2 |
Current / open credit lines:
| 4
/
6 | Length of status: | 2y 3m |
|
Amount delinquent:
| $605 |
Total credit lines:
| 19 | Stated income: | $100,000+ |
|
Public records last 12m / 10y:
| 0/ 0 |
Revolving credit balance:
| $1,903 | |
|
Delinquencies in last 7y:
| 4 |
Bankcard utilization:
| 0% | | |
| | |
Homeownership:
| Yes | | |
|
Screen name:
| transaction-trapper |
Borrower's state:
| NorthCarolina |
Borrower's group:
| N/A |
Credit and homeownership information was obtained from borrower's credit report and displayed without having been verified.
Employment and income was provided by borrower and displayed without having been verified.
Description
Helping my grandaughter
Purpose of loan:
This loan will be used to help my granddaughter w/ college expenses.? She is the only child of my oldest daughter. My daughter passed away?a few months ago due to breast cancer.? Her estate has been tied up in probate for sometime.? This loan would help my granddaughter pay her college expenses and will be paid off in full when the estate settles in a few months.
My financial situation:
I am a good candidate for this loan because I have had credit a long time.? I do not utilize much credit. I am not deliquent on my bills.? The two accounts in question do not belong to me and are being investigated.? I have had a niece use my SSN without my knowledge and we are in the process of verifying this information and acting accordingly.
Monthly net income: $ 9100
Monthly expenses: $
??Housing: $ 0
??Insurance: $ 437
??Car expenses: $ 146
??Utilities: $ 450
??Phone, cable, internet: $ 129
??Food, entertainment: $ 600
??Clothing, household expenses $ 300
??Credit cards and other loans: $ 300
??Other expenses: $ 300
Information in the Description is not verified.
Borrower Payment Dependent Notes Series
490263
The following information pertains to the borrower loan being requested, that corresponds to the series of Notes to be issued upon the funding of the borrower loan, in the event the listing receives commitments to purchase Notes in an amount that equals or exceeds the minimum amount required for the loan to fund.
|
Amount:
| $5,000.00 |
Prosper Rating:
| D |
Listing Duration:
| 14 days
|
|
Minimum Amount to Fund:
| $3,500 |
Estimated loss*:
| 10.80% | | |
|
Term:
| 36 months | | | | |
|
|
Lender yield:
| 28.50% |
Borrower rate/APR:
| 29.50% / 33.10% |
Monthly payment:
| $210.89 |
| |
|
Lender servicing fee:
| 1.00% |
Effective Yield*:
| 27.78% | | |
| |
Estimated return*:
| 16.98% | | |
* Estimated loss is the estimated principal loss on charge-offs. Effective yield is equal to the borrower interest rate: (i) minus the servicing fee rate, (ii) minus estimated uncollected interest on charge-offs, (iii) plus estimated collected late fees. Effective yield, Estimated loss and Estimated return are intended to represent the estimated average effective yield, loss and return, respectively, on a basket of loans with the same characteristics as this listing. All estimates are based on the historical performance of Prosper loans for borrowers with similar characteristics. The calculations of Effective yield, Estimated loss and Estimated return require significant assumptions about the repayment of loans, and lenders should make their own judgments with respect to the accuracy of these assumptions. Actual performance may differ from estimated performance.
Borrower's Credit Profile
|
Prosper score (1-10):
| 7 |
First credit line:
| Nov-1975 |
Debt/Income ratio:
| 5% |
|
Credit score:
| 660-679 (Jan-2011) |
Inquiries last 6m:
| 2 | Employment status: | Other |
|
Now delinquent:
| 2 |
Current / open credit lines:
| 5
/
5 | Length of status: | 19y 0m |
|
Amount delinquent:
| $22,202 |
Total credit lines:
| 18 |
Occupation: | Other |
|
Public records last 12m / 10y:
| 0/ 0 |
Revolving credit balance:
| $4,938 | Stated income: | $75,000-$99,999 |
|
Delinquencies in last 7y:
| 12 |
Bankcard utilization:
| 28% | | |
| | |
Homeownership:
| No | | |
|
Screen name:
| unbeatable-dime1 |
Borrower's state:
| NewYork |
Borrower's group:
| N/A |
Credit and homeownership information was obtained from borrower's credit report and displayed without having been verified.
Employment and income was provided by borrower and displayed without having been verified.
Description
pay off debt
Purpose of loan:
This loan will be used to pay off personal debt and credit card debt
My financial situation:
I am a good candidate for this loan because I pay my bills on time and?want to?keep my good name.? I am reliable person.? I live with my daughter and her husband so I do not have that much of a monthly expense.?
Monthly net income: $ 40,000
Monthly expenses: $ 2,000
??Housing: $ 0
??Insurance: $ 300
??Car expenses: $ 150
??Utilities: $ 0
??Phone, cable, internet: $ 30
??Food, entertainment: $ 100
??Clothing, household expenses $ 100
??Credit cards and other loans: $?200
??Other expenses: $ 200
Information in the Description is not verified.
Borrower Payment Dependent Notes Series
490385
The following information pertains to the borrower loan being requested, that corresponds to the series of Notes to be issued upon the funding of the borrower loan, in the event the listing receives commitments to purchase Notes in an amount that equals or exceeds the minimum amount required for the loan to fund.
|
Amount:
| $3,000.00 |
Prosper Rating:
| AA |
Listing Duration:
| 14 days
|
|
Minimum Amount to Fund:
| $2,100 |
Estimated loss*:
| 1.55% | | |
|
Term:
| 12 months | | | | |
|
|
Lender yield:
| 6.00% |
Borrower rate/APR:
| 7.00% / 7.94% |
Monthly payment:
| $259.58 |
| |
|
Lender servicing fee:
| 1.00% |
Effective Yield*:
| 6.00% | | |
| |
Estimated return*:
| 4.45% | | |
* Estimated loss is the estimated principal loss on charge-offs. Effective yield is equal to the borrower interest rate: (i) minus the servicing fee rate, (ii) minus estimated uncollected interest on charge-offs, (iii) plus estimated collected late fees. Effective yield, Estimated loss and Estimated return are intended to represent the estimated average effective yield, loss and return, respectively, on a basket of loans with the same characteristics as this listing. All estimates are based on the historical performance of Prosper loans for borrowers with similar characteristics. The calculations of Effective yield, Estimated loss and Estimated return require significant assumptions about the repayment of loans, and lenders should make their own judgments with respect to the accuracy of these assumptions. Actual performance may differ from estimated performance.
Borrower's Credit Profile
|
Prosper score (1-10):
| 10 |
First credit line:
| Dec-1994 |
Debt/Income ratio:
| 17% |
|
Credit score:
| 780-799 (Jan-2011) |
Inquiries last 6m:
| 0 | Employment status: | Employed |
|
Now delinquent:
| 0 |
Current / open credit lines:
| 5
/
5 | Length of status: | 10y 6m |
|
Amount delinquent:
| $0 |
Total credit lines:
| 22 |
Occupation: | Professional |
|
Public records last 12m / 10y:
| 0/ 0 |
Revolving credit balance:
| $6,775 | Stated income: | $25,000-$49,999 |
|
Delinquencies in last 7y:
| 0 |
Bankcard utilization:
| 18% | | |
| | |
Homeownership:
| No | | |
|
Screen name:
| brightest-trade-equator |
Borrower's state:
| NewYork |
Borrower's group:
| N/A |
Credit and homeownership information was obtained from borrower's credit report and displayed without having been verified.
Employment and income was provided by borrower and displayed without having been verified.
Description
Security deposit for my aprtment
Purpose of loan:
This loan will be used to secure a new apartment. I am required to pay first and last months rent, plus a security deposit.
My financial situation:
I am a good candidate for this loan because I have and excellent credit score, and have been employed by the same company for the past ten years. My income is stable and I have established a reliable track record for making payments on time.
Information in the Description is not verified.