Summary Portfolio Active Listings Loan Map
lendingclub ad

Group Name

Future Innovations

Group Profile

  

Portfolio Health
Short Name: FutureInnovations
Location: Albany CA
Registration Date: 2007-07-26

Group Rank (amount invested) 9
Group Rating
Oldest Loan (days) 458
Estimated ROI1 -9.13%
Estimated ROI Range -9.50% - -7.84%
Experian ROI 12.98%
Experian ROI Range 12.22% - 13.59%
 
Chart.
 

Portfolio Profile

  

Portfolio Distribution
  Number Total Loan Amount Estimated Loan Value2
Total Loans 72 $1,166,104.00 $629,453.25
Late Loans 11 $184,822.00 $132,412.25

  Number Total Amount Default Sale Price
Defaults 8 $157,986.00 $0.00

  Weighted Unweighted
Avg. Credit Grade A- (2.66) B (2.83)
Avg. Interest Rate 15.60% 14.90%
Avg. Loan Age (days) 342.6 339.7

  Number Funded Amount Percent Funded
Active Listings 0 $0.00 0.00%
 
Chart.

Group Description

8/12/08The majority of group members who are late with their loan payments never responded to my numerous attempts to contact them either by emails and/or telephone calls. When new information arrives, I will promptly post it here for the many concerned lenders. As a Prosper lender with over 29+ loans that are either late or in default I COMPLETELY understand other lenders frustrations.After lending on Prosper for months, and becoming discouraged by the number of borrowers I had lent money who defaulted on their loans, I decided to start our group focused on assisting responsible borrowers with good to excellent credit who would be much more careful with their finances and credit reputation. I thought that by carefu...
1 Estimated ROI is generally updated nightly, the calculation can be found in the FAQ.
2 This is an estimate of a lender's current portfolio. It takes into account monthly payments and paid off loans.