Bottom line: I make three recommendations as to what Prosper should do to improve the lending experience.
(1) Offer IRA option... It's increasingly important to offer pseudo real-return investment alternatives.
(2) Provide metrics to grade groups, such as:
(a) Red/green light indicator next to groups to indicate if group's portfolio of originated loans as a default rate below or above Prosper.com averages. This is important to identify whether those groups screen applicants sufficiently (Indicator lights recommended b/c they provide a quick indication. There are obviously other ways to accomplish the same goal).
(3) Improve "search loan" filter to include:
(a) Lender rates greater than or equal to (enter value)
(b) Specific borrower credit characteristics (now delinquent, number inquiries last 6 months, etc).