#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
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#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!