Anyone here heard of prosper.com?
By estaban2501
@estaban2501 (52)
United States
February 28, 2008 1:47am CST
My first discussion! :D
Well long story short Prosper allows people to make personal loans to other people at interest rates set by the market. Borrowers set the max. rate they are willing to pay and then if lenders like the listing they bid and if enough people lend money the rate goes down.
I'm just wondering who all has heard of the site and what you think. I'm both a lender and borrower there. I've made $100.00 in interest over the last year or so off a $500.00 investment. also if you want more info. please give me a holler. they do have a referral program as well ;)
2 responses
@estaban2501 (52)
• United States
28 Feb 08
Not a problem. Its really gaining traction as a true lending/borrowing platform. I love it and just wish I had some more cash to lend!
@smurfettewv (359)
• United States
28 Feb 08
I wish I never had to borrow hahaha Im just thinking about a loan dont know yet,.......
@rainbow2007star (920)
•
3 Mar 08
No I've never heard of it.I'll have a look at this site.Thanks for sharing
@estaban2501 (52)
• United States
3 Mar 08
Not a problem! If you do decide to join there is a referral program so if you wanna message me I'll give ya my ref. link. You don't have to but I'd really appreciate it.
It is really a wonderful site where else can people borrow/lend money from other fellow people? No big bank to take all of the profits.