Day: July 22, 2009
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Prosper.com Evaluation and Experience
I originally invested about $3500 in Prosper.com approx 2 years ago (circa 2007). Since then I’ve had half my loans go bad. Funny thing is that I loaned money out to only A and B Quality borrowers. The rates were lower, but default rate was still high. I’ve recuperated about $2500 of my original principal,…