Mortgage & Money Blog

I heard about prosper.com from NPR back April. I know that eloan's CEO is founder, and I liked concept. I started on 4/13/07, now I have 36 loans, made $165--by put $3,000 slowly. There are more lenders than borrowers. Yes, a couple people paid late (< 15 days), but no default so far--lucky me. I am making 17% of interests. One borrower paid off 90% of loan and another one paid off 50% of loan within 5 months.

If you are interested in, I will email you details. Or share your story.

JR