P2P Lending / NFT Lending Forum

Prosper Discussion => Investors - P => Topic started by: Kombinator on November 27, 2013, 11:00:00 PM

Title: Loans with origination date in December???
Post by: Kombinator on November 27, 2013, 11:00:00 PM
Had a loan added into my portfolio today showing origination date as December 2. 2013.

This is quite a glitch, and can skew the vintage results, anyone else see anything similar?

Here is the note ListingNumber: 1044480
Title: Loans with origination date in December???
Post by: agd on November 27, 2013, 11:00:00 PM
Yes, I'm seeing 41 originations in December.  This is like any other month that ends on a weekend, when they will set originations for the following Monday.  I really don't understand your concern around skewing the vintage results, can you explain?
Title: Loans with origination date in December???
Post by: TravelingPennies on November 27, 2013, 11:00:00 PM
If we try to do analysis of November 2013 loans down the road as to their behavior and also DEc 2013 loans there will be a misrepresentation in the data leading to results that will be slightly or possibly significantly off making the vintage analysis inaccurate.

Thank you for your explanation though, it does make sense.
Title: Loans with origination date in December???
Post by: TravelingPennies on November 27, 2013, 11:00:00 PM
Vintage analysis should be relative to the origination date, correct?  How are these originations any different from any other loan originated in December?
Title: Loans with origination date in December???
Post by: TravelingPennies on November 29, 2013, 11:00:00 PM
Because these loans are clearly November originations with wrong December post dating.
Title: Loans with origination date in December???
Post by: Keltset on December 09, 2013, 11:00:00 PM
from: Kombinator on November 30, 2013, 12:40:06 PM