The startup person-to-person lending outfit Prosper.com is already one year old. Jonathan, over at MyMoneyBlog has recently done a very good two-part review [Part1] [Part2] of Prosper.com.
At the present moment, I still have one outstanding loan of around $73 at Prosper, which thankfully the borrower has been paying dutifully to this date. However, lenders [...]
I haven’t written about Prosper.com since April 2006. It seems like nothing much has changed and they still have the very slow ACH funding timeline and you still can only withdraw cash in amounts larger than $25.
Some how I feel that they do not take customers’ feedback seriously, quite unlike Sogoinvest which changed its ACH [...]
The Vanguard Diehards have been known to be among the most investment-savvy group of people on the internet. Recently, a discussion on Prosper.com was started. The group’s opinion seems to be that it is probably OK as a borrower but most would not touch the lender’s side with a 10-foot pole. Post 18 sums it [...]
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