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A random blog
Monday, June 05, 2006
  Should I lend on Prosper
I love this direct person-to-person lending service from Prosper. I have been thinking about becoming a lender but for some reason, I just can't do it. I was only going to use a small sum to try it but something is holding me back. Why, I have no idea? Has anyone used this? Any opinions? Maybe I should just open another E*Trade CD or make another deposit to ING...
  11:16 PM
Comments:
That's pretty interesting. I hadn't seen that site before. I'd definitely treat it as a risky investment if you decide to do it. Basically be prepared to kiss the money good bye. I lean to the safer stuff.
# posted by Blogger Robert : 12:36 AM
 
I feel the same way. If you want to help people in the developing world (but not earn interest), check out www.kiva.org www.kiva.org... it's very similar to prosper, but you're giving a loan to a micro-entrepreneur in the developing world... they have a 100% payback so far
# posted by Anonymous Anonymous : 12:04 PM
 
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