Prosper is one of America’s two well known Peer to Peer (P2P) lending companies. They provide a way for individual borrowers and lenders (regular people like you and me) to make loan agreements between each other, using Prosper’s platform to broker the deals. As a borrower, all you have to do is fill out […]
Prosper, like Lending Club, is one of several peer-to-peer lending companies that have given people a cheaper alternative to what is often found in commercial banks. Their credit requirements aren’t as strict, and they have lower interest rates – that is, if you have good credit.
Some people would find this method of borrowing money […]
Since the rise of peer-to-peer lending, banks have tried to scare people out of participating in these alternative programs. They want to convince people that the safest way to borrow money is through them, but is it really working?
Some say that the Great Recession of 2007 was caused by excessive de-regulation mixed with a […]
Peer to peer lending (P2P) is the fastest way for regular people to get affordable loans online. Prosper is one of a number of P2P services that have sprung up in the United States over the past decade or so. For users with a mid-to-strong credit score, reasonable interest rates and fast processing make […]
Most of us remember what it was like when the market crashed in late 2007. A chain of events led to one worst economic collapses since the Great Depression. Many people were getting laid off, and there were a record number of foreclosures. This led to a series of government bailouts that sent this […]
Peer to peer lending is a new and exciting industry that many people are starting to take advantage of for funding college, weddings, cars, down payments on real estate or to just pay down other debt. The real draw for many people is that the loan originates from average ordinary people and not some […]
Peer to peer lending has always been around. Parents lend to children. Friends let friends borrow money. With online P2P lending, the practice has entered the mainstream, and has enjoyed higher levels of legitimacy due to stronger government oversight since 2008. For those hoping to acquire a loan through P2P lending sites like Prosper, […]
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 […]
Peer to peer lending gets more and more popular with every passing day. The simple fact is, consumers and small businesses enjoy the low cost loans, and investors really seem to love the returns offered through this kind of investment.
So, today, we’re going to do a comparison of the two best peer to peer […]
Hey everyone, Josh here again. I recently went back to the Prosper review I did a while back and did what I could to beef it up a bit. I wanted to provide more, in depth information on the option, and I may do it again in the future. As a matter of fact, […]