Has anyone used prosper to lend money and get a higher return on their money? I've decided to check it out with a small amount ($1,000) of money, if my return stays above 5%, I might invest more. They say that the average return rate is close to 10% I'm just wondering why there are so few people using it.
Prosper
February 12th, 2008 at 04:36 pm
February 12th, 2008 at 05:25 pm 1202837140
February 12th, 2008 at 06:25 pm 1202840711
February 12th, 2008 at 07:01 pm 1202842863
To me, it just seems easier to buy a bond fund and call it a day... but maybe some enjoy the more "personal" nature of peer-to-peer lending?
Anyway, please be careful about prosper. It can pan out, but it doesn't always do so.
February 12th, 2008 at 07:20 pm 1202844048
I'm curious how ebay is going to be with the change in the feedback system.