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Friday, November 9, 2007

Prosper update

Earn 8.00 - 12.00% Interest. Great Returns. No Banks. $25 Sign-Up Bonus.

I just wanted to post a quick update on my Prosper peer-to-peer lending status. I currently have a total of six loans outstanding, with an average interest rate of 19.48%. The principle amount of the loans is currently $373.29. So far, I haven't had anyone default on their loan, but it's really early in the game right now, so I don't expect that to continue indefinitely.

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