by Tricia
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.
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!
Thanks for the review! Prosper looks like an interesting place to play with disposable money by earning high interest as a lender.
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