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  1. 11-01-2006, 10:22 PM #1
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    tiger909
    tiger909 is offline Senior Member
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    the lending revlution....

    i just joined this site and its crazy....the founder is of ebay and it works the same way...people bid on giving you money with different interest rates...this is gonna change the world lends money soon....for all u broke fvckers that couldnt get a bank loan if ur testicles counted on it, check it out and just browse....

    www.prosper.com
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  2. 11-02-2006, 02:32 AM #2
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    tiger909
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    bump this is interesting fellas
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  3. 11-02-2006, 10:38 AM #3
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    DNoMac
    DNoMac is offline Senior Member
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    Seems interesting, but what happens when people default on there loans? Seems like a lot of hastle, but if you have the capitol, I suppose you could make a few bucks. I'll have to take a look..
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  4. 11-02-2006, 11:05 AM #4
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    roadracer
    roadracer is offline New Member
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    Looks like if people default all you get is a write off. They recommend diversifying to keep the risk down. If you have faith in people then some of the rates would be a crazy return. %28 percent and higher! Unfortunatly I have no faith or trust in society.
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  5. 11-02-2006, 11:40 AM #5
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    Phreak101
    Phreak101 is offline Anabolic Member
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    This looks great! There is huge $$ to be made here before it gets saturated, thx for the heads up tiger!
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