Comments on: 5 ways to help get a prosper loan funded http://earlyretirementextreme.com/5-ways-to-help-get-a-prosper-loan-funded.html Becoming debt-free is the first step to building a better world. Financial independence is the second. Doing what YOU want is the third. Thu, 09 Feb 2012 00:07:08 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: chasingbread http://earlyretirementextreme.com/5-ways-to-help-get-a-prosper-loan-funded.html/comment-page-1#comment-23659 chasingbread Wed, 13 Jul 2011 19:57:59 +0000 http://earlyretirementextreme.com/2008/02/5-ways-to-help-get-a-prosper-loan-funded.html#comment-23659 They have improved quite a bit since their relaunch. I took a plunge a little over a year ago and so far so good. Time will tell but I recommend giving Prosper another try. They have improved quite a bit since their relaunch. I took a plunge a little over a year ago and so far so good. Time will tell but I recommend giving Prosper another try.

]]> By: Car Negotiation Coach http://earlyretirementextreme.com/5-ways-to-help-get-a-prosper-loan-funded.html/comment-page-1#comment-17423 Car Negotiation Coach Fri, 22 Oct 2010 03:51:50 +0000 http://earlyretirementextreme.com/2008/02/5-ways-to-help-get-a-prosper-loan-funded.html#comment-17423 On the flip side of things, i'm very leary of lending money through prosper. i love the concept but was burned when i lent out money a few years ago. i carefully selected 10 loans for about $50 each and took a range of credit scores (as an experiment). Well, my experiment failed, i had to write off almost 80% of the loans including several with the highest credit ratings. However, I have heard that since they relaunched that they have improved a bit. On the flip side of things, i’m very leary of lending money through prosper. i love the concept but was burned when i lent out money a few years ago. i carefully selected 10 loans for about $50 each and took a range of credit scores (as an experiment).

Well, my experiment failed, i had to write off almost 80% of the loans including several with the highest credit ratings.

However, I have heard that since they relaunched that they have improved a bit.

]]> By: Jacob http://earlyretirementextreme.com/5-ways-to-help-get-a-prosper-loan-funded.html/comment-page-1#comment-362 Jacob Sat, 09 Feb 2008 16:45:36 +0000 http://earlyretirementextreme.com/2008/02/5-ways-to-help-get-a-prosper-loan-funded.html#comment-362 @MB - Bummer, the fact that people can take out additional loans after doing the prosper loan or even make another prosper loan is a bit of a downer. One thing I would like to see in prosper are loans that are less than 3 years. Maybe 1 year loans. Maybe even payday loans. @betsy - Aw, I was going to ask if I could borrow 5 bucks, but ... ;-) @MB – Bummer, the fact that people can take out additional loans after doing the prosper loan or even make another prosper loan is a bit of a downer. One thing I would like to see in prosper are loans that are less than 3 years. Maybe 1 year loans. Maybe even payday loans.

@betsy – Aw, I was going to ask if I could borrow 5 bucks, but … ;-)

]]> By: betsy teutsch - MoneyChangesThings http://earlyretirementextreme.com/5-ways-to-help-get-a-prosper-loan-funded.html/comment-page-1#comment-358 betsy teutsch - MoneyChangesThings Fri, 08 Feb 2008 03:20:06 +0000 http://earlyretirementextreme.com/2008/02/5-ways-to-help-get-a-prosper-loan-funded.html#comment-358 watch your spelling along with your grammar. :-) Be careful WHOM you ally yourself with! watch your spelling along with your grammar. :-)
Be careful WHOM you ally yourself with!

]]> By: MB http://earlyretirementextreme.com/5-ways-to-help-get-a-prosper-loan-funded.html/comment-page-1#comment-352 MB Thu, 07 Feb 2008 15:38:41 +0000 http://earlyretirementextreme.com/2008/02/5-ways-to-help-get-a-prosper-loan-funded.html#comment-352 Great Post! #2 seems like a no-brainer, but I'm always amazed at how unprofessional some of the loan applications on Prosper look. With regards to: “I also realize that borrowers might put themselves in a bind since it is only possible to carry one loan at a time.” I don't know the precise requirements, but I do know that borrowers in good standing can now have multiple loans open at the same time. Prosper sent me an email "inviting" me to apply for a second loan. I'm kicking around the idea of using a second loan for further consolidation of credit card debt. Great Post!

#2 seems like a no-brainer, but I’m always amazed at how unprofessional some of the loan applications on Prosper look.

With regards to: “I also realize that borrowers might put themselves in a bind since it is only possible to carry one loan at a time.”

I don’t know the precise requirements, but I do know that borrowers in good standing can now have multiple loans open at the same time. Prosper sent me an email “inviting” me to apply for a second loan. I’m kicking around the idea of using a second loan for further consolidation of credit card debt.

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