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):
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6 comments ↓
[...] - who runs the RateLadder group on Prosper - did a nice job of reviewing my Prosper loan listing. My Prosper loan is the first loan to be listed with his group and I am determined to make it a [...]
I just put $50 towards the loan.
I remember exchanging some emails with DeepMarket back when he was trying to get a loan and couldn’t due to the rate caps in his area.
Hey Tom - thanks for the vote of confidence! You and RateLadder were very helpful last year when I was fighting with the State interest rate cap for Virginia - you both gave me a lot of excellent advice. We will see if we can get this listing funded.
[...] RateLadder kicked off the loan listing with his review of the loan. [...]
[...] regular reader will know that last week I brought my first group listing to the marketplace. (As an aside, a group leader is no longer paid for successful listings and the haven’t been [...]
I recently came across your blog and have been reading along. I thought I would leave my first comment. I don’t know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.
Susan
http://www.car-insurance-choices.com
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