tag:blogger.com,1999:blog-5206691965345233114.post8224901918003945543..comments2023-05-03T02:37:06.493-07:00Comments on Lending Tuber: Loan Description Length: ProsperUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5206691965345233114.post-30304317949348147872011-09-10T21:35:50.102-07:002011-09-10T21:35:50.102-07:00I meant that it seems like writing a longer descri...I meant that it seems like writing a longer description can only get a borrower in trouble. A sensible borrower, looking at this data, would keep their listing short and sweet.<br /><br />But you're right; the better conclusion is as you specify: for lenders it may be better to invest in loans with shorter descriptions than loans with longer descriptions.<br /><br />That does give me the idea to look at the loan description lengths of the requests themselves. I wonder if there's a sweet spot for getting funded in loan description length.2potatoeshttps://www.blogger.com/profile/15105400998233014294noreply@blogger.comtag:blogger.com,1999:blog-5206691965345233114.post-77839011472534073342011-09-09T05:46:42.935-07:002011-09-09T05:46:42.935-07:00Seems like the more likely conclusion is that for ...Seems like the more likely conclusion is that for the LENDER, the fewer characters in the borrower's description, the better. Not sure how it is better for the borrower to not write a description, because we don't know how many loans were funded vs not funded with/without descriptions (or please say so if I am missing a different conclusion, but I think that is what you are saying in the second-to-last paragraph).gharknesshttps://www.blogger.com/profile/08692590652268956013noreply@blogger.com