Prosper loans

[GreatDanish]

Has anyone ever lent or borrowed money via prosper.com? Looking for info on it, and am have not encountered many people who have used it.

 

[Hamilton]

I recommend lending club.

 

[MattinBama]

I used it a while back before they reconfigured how it works some and who all can use it. The lending was a wash, had one loan paid back and one that defaulted. There are an abundance of people that get on there to scam so you have to be very careful about that side of it. I gotten one loan on there to consolidate some credit card debt and that was nice but I don't believe its as easy to get one as it used to be. I looked into Lending Club as well but never actually used it.

 

[hollisx4]

I'm an active lender on Prosper.com

I've had really good paybacks with my A rated customers and terrible paybacks with my lower rated customers.

I guess those credit ratings are good for something huh?

 

[Bodhisattva]

I only get loans from Native Americans. Sure it's expensive ...