What is this site? | P2P Lending, Peer to Peer Lending, People to People Lending

Join me on my Prosper.com journey. Prosper.com is the person-to person lending marketplace. I find the idea interesting and am putting my money where my mouth is. Along the way there will be occasional posts on anything I see fit to discuss.

First a little about me… I am 6’10″ played ivy league basketball with an engineering degree in computer science. (So my grammar and spelling excuse is already in the open.) I enjoy reading about technology, Internet, and business in all forms and I love toys.

I first heard about Prosper.com back in June 2006. I immediately liked the idea; I wish I had come up with it myself; and started to devise my personal lending strategy. I signed up in July for a lender account. I started slowly (only $150 into 3 loans) in July.

I am starting RateLadder.com with 2800 in principle across 44 loans. My goal is generate the maximum return on investment (ROI) with the least amount of risk and have some fun along the way. Join me in my journey.

Blog Traffic ExchangeRelated Posts

  • Accounting for the New Agency Test in QuickenRecently it was revealed that Prosper is Going To Sue Deadbeat Borrowers and that lenders on the loans would be given a choice between taking a guaranteed upfront buyout at the price of the last junk debt sale or participating in the loan pool suit and reaping the consequences or rewards……
  • Prosper IE Extension ReviewRetireme99 has developed and maintains a Internet Explorer plugin for Prosper. I first started using in Feb 07. Being a standing order bidder at first I was sceptical that it would be useful for me… Well, anytime I use Firefox with Prosper I miss the plugin. I don’t even realize some of my……
  • Pimp My Listing #1 — Blessed with TripletsI am starting a new semi-regular feature. Pimp my listing. I don’t yet know at what frequency I will post this feature. These listings will be the best of best extended credit AA-C credit grades and good rates. Most will be larger loans and most will have caught my attention…….
  • Prosper in Japan and Other Asian CountriesProsper and SBI Holdings to Establish Prosper in Japan and Other Asian Countries San Francisco – August 6, 2007 – Prosper (www.prosper.com), America’s first people-to-people lending marketplace, and SBI Holdings, Inc., a holding company for SBI Group, the financial innovation leader of Japan, today announced an agreement to form a……
  • New Loan Funded — Clearing a personal credit card used for business purchases — $9,500 at 18% — A Credit — DTI 46%A new loan funded (Clearing a personal credit card used for business purchases — $9,500 at 18%). I participated via an automatic bid Low AMT — Extreme DTI — Autofunding. Which means this funded at less than 15K less than 60% DTI and was autofunding.  The borrower had A credit and……

blog traffic exchangeRelated Websites

  • Finovate Startup 2009 Live TwitterI am attending Finovate Startup 2009. It is an action packed 1 day format which I belive will lend itself perfectly to a live twitter. Stay tuned it should be an amazing day. http://twitter.com/BlogTrafficExch In the break I have scheduled some talks with SimplFi, Mint, and Calendar Budget. I am……
  • More signs of the bottom behind usWe are now over 28% above the March 9 bottom in the S&P;, one of the best run ups since the depression. A bear rally? Maybe, but obviously, all data appears in hindsight, and only when that bottom is well behind us and we are obviously in a growth cycle,……
  • How To Hedge Your Bets: 10 Ways To Diversify Your IncomeJonathan Leane is today’s guest blogger here at Rich Credit Debt Loan. Jonathan writes for Debt Loans. Why Diversify Your Income? Most people are familiar with the idea of diversification—it is common knowledge to not “put all your eggs in one basket”. However, this advice is most commonly applied to……
  • Zecco and Prosper: Two Great New Ways to InvestI love mutual funds. You love mutual funds. They are great all around investment tools and I highly recommend them – especially those low-fee Vanguard funds. However, I’m thinking mutual funds aren’t quite as sexy as they used to be. Yes, my money is slowly drifting to some newer, sultry……
  • What You See Is What You Get..Today I was inspired by a post from To Love Honor and Vacuum. Every Wednesday is wifey Wednesday (yes I know it’s Friday) but this week the question was brought up “what I wish I had known before I was married”. This got me thinking…so here is something that I……

Online StoresIf you liked this article, vote for it on del.icio.us and stumbleupon.

Categories:

Tags:

Leave a Reply

Your email address will not be published. Required fields are marked *