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Proper loan Data Analysis by Chinelo Linda Okafor

Prosper

Prosper is one of the pioneers of peer-to-peer, or marketplace, lending, which connects good-credit borrowers with investors who can choose to fund their loans. Prosper personal loans are a good fit for borrowers who: Have good to excellent credit scores.

Data : Loan Data from Prosper, year 2005 - 2014

From the analysis done on prosper loan data, it is seen that;

• Most loan listings were created during working hours. We see a trend increasing from the early mornings and decline towards late evenings.

• We see that 77.04% of all the loan listings belong to the 36 month duration category.

• There is correlation between LoanOriginalAmount and MonthlyLoanPayment, borrowers with shorter loan terms tend to have a higher MonthlyLoanPayment.

Feedback

• I shoul describe my words more so that my reader can know what am saying, e.g. listing should be more understood saying Loan listing.

• The message was well passed across. (After the first correction was affected).

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This is analysis of Prosper Loan using 2005 to 2014 data

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