Comments on: Would You Lend $750,000 to Complete Strangers? This Man Has

By: Aaron

Aaron — Sun, 07 Mar 2010 20:04:31 +0000

Someone should do a follow up story on this. Pensioner took a bath on most of those loans.

By: pat

pat — Wed, 03 Oct 2007 13:55:47 +0000

I want to second the idea of interviewing other top lenders. With that said, as of today pensioner has 15% of his loans defaulted and 20% late. Even with the high weighted apr of 26.37%… It is my opinion that there is little chance of him getting 15%. I doubt that he can even hit 10%, and the ericcc num of -5% is probably overly conservative but much closer to what he’ll actually return.

By: Carnival of Personal Finance is up at Five Cent Nickel | The Frugal Law Student

Sat, 19 May 2007 06:16:10 +0000

[...] Blogging Away Debt asks “Would you loan $750,000 to complete strangers?” [...]

By: ProsperLoansOnline.com » “Pensioner” - A Prosper.com Gambler or a Visionary?

Sun, 25 Mar 2007 19:03:47 +0000

[...] recently read an interview with “Pensioner” and wanted to share it with everyone. So just who is [...]

By: EA

EA — Thu, 01 Mar 2007 14:57:27 +0000

I’m impressed with his skill in picking loans. I have made 6 (tiny) loans through Prosper: one was paid off early, one has NEVER paid, one is late and one is very late. So two are paying on time, which means I’m pretty bad at picking borrowers.

By: ProsperLoansOnline.com

ProsperLoansOnline.com — Tue, 27 Feb 2007 22:26:03 +0000

Wow, ask and ye shall receive. Pensioner has been somewhat of an enigma to some among the prosper bulletin boards. All in all, I’m just glad to see that “he” is human and not an institution. PS for more info and how-to, please see the site.

By: The Frugal Law Student - » Carnival of Personal Finance is up at Five Cent Nickel

Wed, 07 Feb 2007 14:27:46 +0000

[...] Blogging Away Debt asks “Would you loan $750,000 to complete strangers?” [...]

By: RateLadder.com - Prosper Lending, Loan, and Rate analysis

RateLadder.com - Prosper Lending, Loan, and Rate analysis — Mon, 05 Feb 2007 23:13:59 +0000

Pensioner claims he isn’t diversified but I would like to point out that he has at most 25,000/750,000 ~ 3.33% percent of his prosper portfolio in a single loan. The standard diversification for money runners is 2% at most so he is pretty close.

By: RateLadder.com

RateLadder.com — Mon, 05 Feb 2007 22:55:14 +0000

[...] BloggingAwayDebt has a prosper loan as a borrower and recently interviewed Pensioner: http://www.bloggingawaydebt.com/2007/01/would-you-lend-750000-to-complete-strangers-this-man-has/. [...]

By: Amy

Amy — Thu, 01 Feb 2007 21:39:01 +0000

I have been following this site since inception. There is a similar British site, Zopa.com.
It is not fraudulent, but they will verify that you are who you say you are. The CEO and originator was the former CEO of eloans.com.
Great track record to-date.

By: Amillionby40

Amillionby40 — Wed, 31 Jan 2007 21:32:29 +0000

This was a great interview. I read the other Prosper posts with great interest as I am a new lender with Prosper. I think it’s great that you are sharing your experiences with others through this blog. Keep up the great work!

By: SCapitalist

SCapitalist — Tue, 30 Jan 2007 13:50:52 +0000

Wow, fantastic article! Well done!

By: Matt

Matt — Tue, 30 Jan 2007 13:40:59 +0000

The idea of prosper has totally intrigued me; but I unfortunately can’t take advantage of it myself being outside of the US. Thanks for posting this interview up; this man is doing exact what I’d love to do if I had some spare cash.

By: starfish35

starfish35 — Tue, 30 Jan 2007 03:21:26 +0000

Great article! Pensioner sure is a good sport, maybe you could try to interview L5 or muleshoes next!

By: Kathryn

Kathryn — Mon, 29 Jan 2007 20:37:32 +0000

I’m really glad you thought to interview Pensioner. Both you and he show a lot of insight.

Your blog is wonderful. It’s inspiring how you continue to find ways to think outside the box, get out of debt, and reclaim your financial life.

You and your family have done a tremendous job. Thank you for sharing the experience so others of us have a light leading the way and don’t feel like we’re alone in the process.

By: Lazy Man and Money

Lazy Man and Money — Mon, 29 Jan 2007 17:27:43 +0000

If he’s making 15% as he suggests (and I believe it) he’s doing pretty much what I was hoping to do. He’s making enough per month to live pretty comfortably on. I don’t want to put all my eggs in Prosper, but it seems like a pretty nice basket for some eggs.

By: » Carnival of Personal Finance #85 @ fivecentnickel.com

» Carnival of Personal Finance #85 @ fivecentnickel.com — Mon, 29 Jan 2007 12:18:34 +0000

[...] Tricia presents Would You Lend $750,000 to Complete Strangers? This Man Has posted at Blogging Away Debt. [...]