Let's talk about peer-to-peer lending!!

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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Let's talk about peer-to-peer lending!!

Mr.Trifecta: Mar 2, 2007

I currently have a 12k loan through Prosper. We had no collateral worthwhile to consolidate our debt, so I tried out Peer-to-peer. I think I am getting charged 6-6.5% on my loan. So whoever has lent me the money, is making a solid 5% on a three year. I have nothing but good things to say so far about Prosper.

# ¿ Jan 3, 2013 06:02

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# ¿ May 4, 2024 10:02

Mr.Trifecta: Mar 2, 2007

I am curious as why Prosper charges you more interest if you have AA rating and have had a previous loan with them, then not having a loan with them. You would think they would give you better rates of having a previous loan with them.

# ¿ Jul 3, 2013 07:21

The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Let's talk about peer-to-peer lending!!