I had been steadily feeding money into Prosper for a couple of weeks now. Though, I’ve been getting what I feel are going to be solid loans, it’s been even longer than usual for Prosper to make the loans active. It had to have been more than week with 4 loans all pending. Finally two of them went through last night, but I found two more, so I continue to have a high “pending loan” balance. Things could be worse.
As for the account itself, I have nearly $2000 in active loans. I’ll probably be close to $2500 in a week. For the last 6 months, I have $67 in interest. Considering that much of the time I had under $500 in there, I’m happy with the performance. I do have a loan that’s 2 months late, so I may lose the $46 remaining on that. That would be quite damaging to the gains, but I’m comfortbale with the risk/reward.