For the longest time, I eschewed standing orders on Prosper.com. I looked into them briefly and judged they weren’t for me. I was wrong. Yesterday, my standing order caught this loan. With a credit grade of A and a debt to income ratio of 14% this fund could probably have gotten funded at 12-13% very, very quickly. This person must have been in a huge rush to choose 20%. The fact that it was funded in only 22 minutes speaks volumes.
While I’m happy that I’m in this loan, I’m feeling a little greed kick in. I would have probably put much more in it. It tells me that I may need to adjust my standing orders to put more money in these loans.