<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > Prosper

Prosper

April 7th, 2006 at 05:20 pm

My sister sent me the link for Prosper. I was intrigued. I thought that I'd give it a try being a lender. I took out half the money out of our ING Account, which wasn't that much to begin with, and placed in a prosper account. Once the money was transferred, I started browsing the loans. I placed a bid and 7 days later I won, I did that a few times and I've lended out all the money that I put in. I received my first payment 2 weeks ago and it feels good to know that I helped someone out and that my $$ is growing a little bit faster than in my savings account.

Posted in Prosper | 5 Comments »

5 Responses to “Prosper”

  1. Thrifty Ray Says:
    April 8th, 2006 at 12:41 am 1144456890
    1144456890

    Ive never heard of Prosper...but it sounds interesting!

  2. Frugal Momma Says:
    April 8th, 2006 at 12:32 pm 1144499535
    1144499535

    Glad you are having a good experience with Prosper. I am still a little skeptical of it.

  3. joie16 Says:
    April 8th, 2006 at 05:22 pm 1144516964
    1144516964

    I haven't borrowed any money but I have lent it out. I've received two payments so far, principal + interest. I'll see how much interest I've gained after the 1st year.

  4. Frugal Momma Says:
    April 11th, 2006 at 10:20 am 1144750855
    1144750855

    I would be afraid of deadbeats not paying up. I am looking forward to tracking your progress.

  5. joie16 Says:
    April 11th, 2006 at 03:40 pm 1144770054
    1144770054

    Hi Frugal Momma! I'll let you know how things progress. I was afraid of people not paying up too. I didn't lend out too much and read through a lot of listings before I bid on them.

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]