Programmer and Blogger Seeks Credit Score Improvment Loan | P2P Lending, Peer to Peer Lending, People to People Lending

#1Jesseon 06.18.08 at 4:17 pm

Thanks for the post and bids, hopefully we get this thing funded!

#2Tomon 06.18.08 at 6:27 pm

God luck Jesse. I just bid on your loan.

#3LCon 06.18.08 at 7:29 pm

wait a second.

I haven’t looked any more into the slice besides what you posted, but why would the minimum bid rate on a slice be less than the estimated loss?

That doesn’t make any sense.

Where are you getting your numbers?

#4RateLadderon 06.18.08 at 10:22 pm

The borrower chooses the starting rate… In this case the borrower does not feel that it makes sense to get the loan at a higher rate and therefore set 16%…

If a second listing is required to reach funding the starting rate will be at Prosper suggested starting rate. If this listing is funded the borrower will take the loan.

#5Tomon 06.19.08 at 3:48 am

TripleOptIn just put $1,000 towards the loan.

#6LCon 06.19.08 at 7:42 pm


ahh, gotcha. I was a little thrown off by the “minimum bid rate” phrase. I shoulda looked at the listing first…

#7Should I Loan Money to Blogger Penny Saved? | Personal Loan Portfolioon 06.20.08 at 4:15 am

[…] here? You may want to subscribe to the RSS feed or browse the site map. Thanks!Rate Ladder is promoting a P2P loan from the blogger “The Penny […]

#8P2P-Loans.comon 06.20.08 at 10:48 am

Looks interesting. I will probably support this loan on RateLadder’s recommendation alone. Interest rate is a little low for the credit score, but the “social capital” should reduce the risk (in theory). Here’s to hoping that hypothesis is correct. Good luck, Jesse. And keep blogging!

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