Category: Financial Advice

Prosper Review – For Borrowers Modest MoneyLeave a comment

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We’ve been taking a close look at several different apps for quite a while now. A few months ago, we did a detailed review of Prosper, but noticed that there was something wrong. Prosper has two sides; it’s designed for both investors and for borrowers. Therefore, it didn’t make sense to have an all-encompassing review.

So, today, we’re going to take a close look at Prosper strictly from a borrower’s perspective. This way, we can get into the intricate details that only borrowers will be concerned with!

What Is Prosper

Prosper is a peer to peer lending platform. Peer to peer lending is a fairly simple idea. The fact is people like borrowing from people more than they like borrowing from banks. Peer to peer lending is a process that has been going on since currency was first created. Friends and family members borrow money from one another on a regular basis. So, companies like Prosper created a platform that allows private investors to invest in loans to their peers. Doing so cuts the banking process out of the lending process and allows community members to support other community members.

Prosper Loans Reviews Click here…

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