J.D. over at Get Rich Slowly asked if I would write an article about my experience with obtaining a loan through Prosper.com. I decided to do it and J.D. posted it earlier this week.
If you are interested, you can take a peek here.
You also may want to spend some time reading some of his articles. There’s some good stuff over there.
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Posted: March 23rd, 2007 at 12:39 am
You state:
“in hindsight I could do a few things differently to try to obtain a lower rate.”
What would you have done differently?
I’m contemplating doing the same in a few months to help consolidate some debt, and if you’ve got tips, I’m all ears!
Posted: March 26th, 2007 at 3:43 pm
Thanks for the review! Prosper looks like an interesting place to play with disposable money by earning high interest as a lender.
Posted: April 30th, 2007 at 10:18 pm
I’ve been using Prosper for a few weeks now and have an average loan rate of 13%. So far, so good, a few of the loans are paying already. I’m posting my findings, strategies and lessons learned on my finance blog. Enjoy!
http://www.everydayfinance.blogspot.com