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Fred93’s January 2009 update on late loans

January 4, 2009
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While slightly off-topic, Prosper lender Fred93 (a top lender and a resourceful community participant whose wide-ranging contributions Prosper has pretty much ignored), provides a monthly update on the rate of new loans going late on Prosper.com.

While always informative and insightful, the January 2009 update strikes me as particularly poignant.

You can read it here.

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