My Prosper Group is proud to present our first listing… This listing is attempting to put the social in social capital. Deep Market also posted the following Social Lending is not Socialism.

He has been a member of my group, following the p2p lending market and commenting on RateLadder for some time.

He is a computer programmer and independently runs the stock market blog Deep Market.

The loan will be a straight forward debt consolidation… Reducing his credit card rates and putting himself on a payment plan will help him eliminate this debt faster…

The debt accumulated from a failed attempt at running his own consultancy… He is back to work with a steady paycheck and cash flow is no longer the issue…

I bid $126.76 @ 1%…

He is in a “moderate” portfolio plan slice at 12.4%… All bids welcome, but if you want to ensure you are on the loan please bid under 12.4% (11.73% as a final rate would have an estimated yield of 8%)…

Here is what prosper says about that slice…

Minimum bid rate: 12.40%
Estimated loss1: -2.59%
Adjustment2: -0.14%
Servicing fee: -1.00%
Estimated return3: 8.67%

Here is the listing.

$25 Bonus For New Lenders
How to Use Prosper Listing Widget for MySpace, Blog, Website, or Other
Other bloggers that are covering this listing (leave a comment or pingback/trackback and I will add you to the list):

• Fellow Blogger Seeks P2P Loan on Prosper

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Listing Review