prosper.com

[geno25]

anyone ever invest with them?

 

[LoCalDallasGuy]

I was interested at one point but I believe that residents from Texas cannot take part it those type of investments e.g. prosper, lendingclub etc.

 

[terps1313]

Thought they fell apart years ago?

 

[geno25]

heard a commercial on the radio. thoughts of investing started crossing my head.

 

[G.MONEY]

was a big thread about this years ago here, maybe chop can find it

 

[BAGIANT]

I went to their site and it never connects me.

 

[seldomseen]

Never heard of them. Went to the site had apr from 6-35%. Don't know why anyone would take a loan with such high apr. Don't know much about personal loans but 35%, regardless of the interest rate, seems absurd.

 

[Willye]

Been with them for over 5 years? No clue what anyone is talking about falling apart

 

[Willye]

https://www.prosper.com/help/overview/

 

[CoachCB]

Been with them for over 5 years? No clue what anyone is talking about falling apart

Well, give us some feedback.

 

[Willye]

Ohh its in the other thread sorry ... Great place for interest on your money imo ... Spread it out i have made up to 20% on my money have had people that did 4k loans over 4 years at 31%

 

[CoachCB]

Ohh its in the other thread sorry ... Great place for interest on your money imo ... Spread it out i have made up to 20% on my money have had people that did 4k loans over 4 years at 31%

I read through most of the thread. It looks like a lot of people had more bad luck than good. Not sure if that was just a small sample, but seems risky.

 

[festeringZit]

I lost 1/3 of my investment... this was a couple years ago, maybe it's improved...

 

[CoachCB]

I lost 1/3 of my investment... this was a couple years ago, maybe it's improved...

FZ, that seems to be the consensus on the other thread. Sounds like a good idea...until someone defaults on your $500 loan (or whatever amount).