More about "prosper.com"

www.prosper.com

Comments:

• I took four screen snips and posted them.
  
• Prosper has 4 built in investment plans. You can also build your own. For example I have built two: "AA only" and "Very Conservative Plan". The image top is of Prosper's Conservative plan
  
• One can set up automatic transfers and then have the plan do the investing for you. Manual bids are also permitted.
  
• For me, I invest $ 50 per month.
  
• So far I am making about 10% interest
  
• John_14_6 is my Proper investor name.
  
• If interested, you may check out my lending stats here.
  
  
  
  • As you can see, one loan went belly up and I lost $ 48!
    
  • Even with that loss, my return is 10%
    
  
  
• Of late, I only invest in AA and A loans. AA borrowers have a FICO score of 760+
  
• And I limit my exposure to any one loan to $ 50
  
• I rarely do C or B category loans
  

If you want to try it out, Prosper has a referral program. You can get a bonus for either borrowing or lending. If interested email me at jrpeet [at] gmail [dot] com and I will send you a referral. The latest referral bonus is: The referee gets $ 25 if they sign up and fund a loan (you can do this with as little as $ 50). And the referrer gets $ 25.

I am a big proponent of safe savings. Another great site with great rates is Ingdirect.com.