Berkeley CSUA MOTD:Entry 48117
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2025/05/24 [General] UID:1000 Activity:popular
5/24    

2007/9/19-22 [Finance/Banking] UID:48117 Activity:low
9/19    http://Prosper.com, earn 9.40% return on your investment:
        http://www.prosper.com/prm/lender2.htm
        \_ Lisa needs a loan, Joe has money.  Lisa doesn't pay Joe back, Joe
           is screwed!
        \_ I have been doing this with some "play" investment money for about
           a year now and have been earning just over 10%, with no defaults
           so far. -ausman
           \_ And if you got just ONE default, what would your earning be?
              \_ About 3/4 of that. I only lend to B or better credit risks.
                 These have been at under 2% default on Prosper, at least so
                 far. I also make lots of small loans, to spread the risk. -aus
                 These have been at under 2% default rate on Prosper, at least
                 so far. I also make lots of small loans, to spread the risk.
                 I actually wish I had more cash to invest in Prosper right
                 now, since the rates being paid have gone up quite a bit
                 recently, but my wife's kitchen remodel is using up all
                 the spare cash.
                 \_ But your wife's kitchen remodel will probably pay back
                    over 10% !!!
2025/05/24 [General] UID:1000 Activity:popular
5/24    

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www.prosper.com/prm/lender2.htm
Prosper, America's first people-to-people lending marketplace, makes consumer lending more financially and socially rewarding for everyone. People familiar with online auctions will find Prosper just as intuitive. Instead of listing and bidding on items, people list and bid on loans using Prosper's online auction platform. Rate of return shown is the average net annual return on Prosper loans originated between 7/26/06 and 7/26/07 to borrowers with AA credit grades who have 0 delinquencies and 0 to 2 credit inquiries on the their credit record, as of 8/27/07.
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Prosper.com
Any US resident with credit score above 520 can request a loan on Prosper. Borrowers can request loans from $1,000 to $25,000 at rates they select. Any adult US resident can lend money to others on Prosper. Lenders offer money by bidding on borrower loans at rates they select. Ensuring that your data is private and secure is our highest priority. Our privacy policy protects your information, and our secure servers make sure everything is private. We charge borrowers a 1-2% loan origination fee, and lenders are charged a 05-1% annual servicing fee, depending on the borrower's credit grade.