Prosper.com is a new investment platform where individual investors lend directly to individual borrowers. Dubbed "Peer-to-Peer" lending, Prosper, which has been around for several years and has an almost cult following, is a great way to put your money to work if you don't like the idea of having it sit in the bank. Investments of as low as $25 or as high as $25,000 can be made on each loan, making it accessible to individuals with a wide range of investment capability. Investment return depends on the individual portfolio, and the investor assumes the risk of the borrower defaulting, but Prosper has done a great job of having stringent borrower requirements, which helps to lessen the risk. Monday, March 8, 2010
Prosper.com
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Prosper.com is a new investment platform where individual investors lend directly to individual borrowers. Dubbed "Peer-to-Peer" lending, Prosper, which has been around for several years and has an almost cult following, is a great way to put your money to work if you don't like the idea of having it sit in the bank. Investments of as low as $25 or as high as $25,000 can be made on each loan, making it accessible to individuals with a wide range of investment capability. Investment return depends on the individual portfolio, and the investor assumes the risk of the borrower defaulting, but Prosper has done a great job of having stringent borrower requirements, which helps to lessen the risk.
Prosper.com is a new investment platform where individual investors lend directly to individual borrowers. Dubbed "Peer-to-Peer" lending, Prosper, which has been around for several years and has an almost cult following, is a great way to put your money to work if you don't like the idea of having it sit in the bank. Investments of as low as $25 or as high as $25,000 can be made on each loan, making it accessible to individuals with a wide range of investment capability. Investment return depends on the individual portfolio, and the investor assumes the risk of the borrower defaulting, but Prosper has done a great job of having stringent borrower requirements, which helps to lessen the risk. 
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