Comments on: A Review of Peer To Peer Lending Website – Prosper

By: Prosper.com Reviews – Read Reviews from Prosper.com Borrowers and Lenders | Peer to Peer Lending News

Tue, 24 May 2011 16:42:59 +0000

[...] Own the Dollar – Hank Coleman of Own the Dollar provides a good overview of how the lending process works in Prosper.com. He also shares his experiences in lending on both Lending Club and Prosper. [...]

By: Rich

Rich — Fri, 03 Dec 2010 01:58:28 +0000

Lending Club can be a great source. But it can take a while for bids to come in. Before going this direction I suggest trying for a regular loan first.

By: Kim

Kim — Tue, 29 Jun 2010 20:04:11 +0000

Avoid prosper. You ARE better off throwing your money into an alleyway with a bunch of bums and coming back for it later. It is quite insulting for someone to say “do your research” because that is exactly what I did. I only chose to loan to AA, A and one B loan. These are supposed to be lower risk. What a bunch of lies. Luckily I only had 14 loans. Of those 14, 9 were charged off=my loss. I am going to find every site mentioning prosper to spread the word. Prosper will gladly take YOUR money and give it to anyone regardless of their likely-hood of repaying.

By: finance

finance — Wed, 03 Feb 2010 07:45:35 +0000

Lending to a new whole level. It’s a great and new idea of lending business. Prosper one of the internet’s most popular peer to peer lending (P2P Lending) Actually haven’t tried of it but I kinda like these idea.

By: china visa application

china visa application — Fri, 29 Jan 2010 05:54:01 +0000

thanks a lot.
Like this post.

By: Oscar

Oscar — Wed, 27 Jan 2010 17:20:46 +0000

@Paul, don’t hate. Just because you aren’t making money in Prosper it doesn’t mean the system doesn’t work. As with any other investment system, you need to do your research before you put money in. Until you do research and are willing to actually put in some work into this, keep your money under your mattress, that is probably safer for you.

And @Hank, your first Prosper link seems to be broken.

By: Personal Finance Student

Personal Finance Student — Wed, 27 Jan 2010 12:27:58 +0000

Excellent post! Thoughtful one. I’ll let others read it!

Good Luck!

By: Paul

Paul — Wed, 27 Jan 2010 02:34:58 +0000

money stuffed under a mattress earns better returns compared to prosper. this is the same old prosper media hack job regurgitation. how much did prosper pay you to make this review, hank? http://www.prospers.org

By: Tweets that mention A Review of Peer To Peer Lending Website - Prosper -- Topsy.com

Tue, 26 Jan 2010 06:04:21 +0000

[...] This post was mentioned on Twitter by Own The Dollar, Prosper Loans, Prosper Loans, Tiffany Fox, stanley lines and others. stanley lines said: RT @ProsperLoans RT @ownthedollar: New blog post: A Review of Peer To Peer Lending Website – Prosper http://bit.ly/4EcZ0b [...]

By: Oscar

Oscar — Mon, 25 Jan 2010 19:04:11 +0000

Great review. I started out with Prosper and I’ve checked out other platforms too, but I like Prosper the best. The returns they say in their ads are very good and I’ve gotten much higher than that, you just have to be cautious and study the loans you want to bid on carefully.