Prosper Online Service

When we encountered expensive household repairs, medical expenses, and wedding costs all at once, my husband and I learned the folly of not having a fully funded emergency fund. We came up short and began evaluating our options. We wanted to avoid a ...

Many of us look for a way to invest our money and gain the best possible returns on our investment. But what if you were able to invest your money, gain a decent return on your investment and help out someone in need of financial assistance all at the ...

Haven’t you ever thought about bypassing all those middlemen and getting a car/house/condo directly? What about loan? Sounds a bit crazy, is it? That’s what Prosper is all about. Why do we buy used cars from people we do not know and houses ...

What is Prosper? Prosper.com is a lending marketplace geared toward the general populace, but with a special stress on the benefits available for high risk credit profiles. I first heard about Prosper through an e-mail newsletter from the ...

Prosper.com offers investors the chance to bypass traditional banks, and invest their money directly in personal loans offered to individuals. Personal loans are basically uncollateralized (there is no asset explicitly backing the loan) and offered to ...

Prosper.com Prosper.com is a new and exciting way to earn and barrow money all at the same time. I have 11 loan currently open with prosper and I have an average return of 15 percent. I however and jumping ahead let me go back and give some background ...

Prosper allows investors a chance to bypass traditional banks, and grant personal loans to individuals. Personal loans are granted based on the investors opinion of the borrowers ratings. Prosper.com limits are between $1,000 and $25,000, but can be ...

No where else will you be scrutinized so hard for a 50 dollar loan. The lenders on this site will ask you to open up your veins for a very small loan and personally attack you on every negative aspect of your history. Very judgmental bunch of people. Like many things, great concept but is ruined because of the types of people it draws. There are questions around the principals of the company. Do some careful research before you do any significant business on this site.

I bid on and have funded several loans through prosper. You have to wait 3 years to get all your money back-all the loans are for periods of 3 years. It is such a waste of time to "invest" your money here. You search for loans you want to fund which is very time consuming, reading peoples lame stories of how they promise to pay money back and have never paid a bill late. Several of my loans are late, which means I have to pay a collection agency a huge % fee of the amount collected-IF THEY EVER PAY! I only funded loans with a high credit rating AA, A and a few B's (assigned by prosper) Just so you know-my late loans are mostly AA rated.