|
Stories tagged with: prosper
Prosper - eBay of Loans
23 / 4
 
http://www.omninerd.com/2007/06/19/coffeeshop/60
Prosper, in many ways, is similar to eBay. People list and bid on loans. Lenders set the minimum interest rate they are willing to earn and bid in increments of $50 to $25,000 on the loans they choose to fund. Those wishing to borrow money build a listing showing how they intend to use the money. Examples include a soldier consolidating debt after two deployments to Iraq, an entrepreneur buying a franchise and an investor borrowing money just to reinvest in Prosper.
Join discussion...
| |
En Español