Lazy Man at LazyManAndMoney is having a week of Prosper posts: Prosper Week…  He is an early adopter of Prosper (Feb 06) and always has excellent insights…  Don’t miss it.

Here is the lineup:

• Tuesday – In Defense of Prosper.com – Can Prosper Survive?
• Wednesday – In Defense of Prosper.com – A Look at the Investment
• Wednesday – In Defense of Prosper.com – Other Common Complaints Deconstructed
• Thursday – My Early Prosper Lending – the Ignorant Early Days and Mistakes I Made
• Friday – My Current Prosper Lending – The Key to Prosper Profits

 

Related Posts

• The Complete Guide To Prosper.com A new book on Prosper.com goes on sale today -- The Complete Guide To Prosper.com. I meet the author at Prosper Days and he gave me an advanced copy... I have read it and here are my thoughts... Books are a tough medium for an up and coming ever......
• Use Prosper.com to Repair Your Credit This blog is mostly dedicated to Prosper.com lending.  However, I think about all aspects of the process at Prosper.  Lately there have been a number of postings that list repairing credit as an ancillary benefit of borrowing on Prosper.com.  Repairing damaged credit is a critical step in reducing debt since better......
• Prosper in Quiet Period? I though Prosper had already done this: http://www.rateladder.com/2007/10/30/prosper-files-s1-with-sec/ From Prosper This morning:  http://blog.prosper.com/2008/10/15/prosper-filing-registration-statement-enters-quiet-period/ Prosper has started a process to register, with the appropriate securities authorities, promissory notes that may be offered and sold to lenders through our site in the future.The registration filing is a necessary step toward making the......
• pninen in Prosper forums -- Magnificent Writeup on the Lender Costs of Not Paying Interest Here is the post in it's entirety because it is that good: In the early days of Prosper, I estimated that the cost of my idle cash (cash balance waiting to be bid, cash tied up in bids, cash tied up in loan verification, cash tied up waiting for payments......
• Prosper.com Lenders Unite: Where is our Interest? First of all, I love Prosper.com.  It is a great idea (person-to-person lending, breaking the loan apart into smaller chucks to diversify, credit checks, etc.)...  BUT, that fact that a lenders money doesn't earn interest is ridiculous. Once money (it takes 4 business days) is in Prosper.com account interest is not earned. ......

Related Websites

• In Defense of Prosper.com - Other Common Complaints Rebutted (Jonathan at My Money Blog has a very in-depth two part review of Prosper.com. My Money Blog is one of my favorite sites, which is why it’s in my blog roll and feed reader. It’s worth familiarizing yourself with that article before continuing here with my rebuttals.) Jonathan notes that......
• On Prosper.com I started seeing posts on Prosper.com only recently. It's intriguing. This site brings people who want to borrow money to people who want to lend it. (And takes a little money from both sides to keep the lights on, but hey -- I didn't expect it would be for free!)......
• Prosper Lenders Need to Check Out RateLadder.com Yesterday I came across a new gem of a personal finance website, RateLadder.com. Since I've started blogging, I've read more and more blogs. I probably read over 50 blog posts a day from a variety of blogs. If I run into one blog that's truly helpful a month, I'm pretty......
• Keeping your Prosper.com money working Several people responded to my post on a Prosper.com vs ING return, in which I pitted a 4.25% online savings account return against lending the same amount at 8% on Prosper.com. The 4.25% online savings account outperformed the 8% loan over three years, because the interest in the savings account......
• Borrowing to lend on Prosper.com I've seen a couple of listings on Prosper.com for people borrowing solely for the purpose of lending it on Prosper.com! Didn't take too long for creditworthy people to realize that they could borrow a few thousand dollars at 7% to 8% and lend it to less creditworthy individuals (according to......

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