How did the for-profit direct-loan mini-investors do lately?

[Ludovic]

You know, the websites where you can finance part of or all of a loan to an individual using your money?

How did the average investor in these sorts of mini-loans do the past 3-4 years? Have there been an enormous amount of defaults of these loans?

[Mr.Slant]

Well, here’s what they SAY:

Prosper.com Official Line

and this.

So, if you’re talking about the first world, and you believe corporate PR,

Our strict credit policy has yielded better-than-expected returns (10.6%) with lower-than-expected losses (annualized loss rate is 5.2%, compared to a forecast 6.6%*) since 2009. Despite the fact that losses have come in below expectations, we have chosen to maintain substantial risk buffers in all our underwriting to protect investor returns in an uncertain environment.

[Arjuna34]

This thread may be helpful, with some first-hand information:

Lending Club Experiences