Here’s hoping that you and yours had a great Father’s Day. Mine was fantastic… My wife surprised me by flying my dad in for a visit from another part of the country and I enjoyed it very much…
Around the Prosper, p2p lending, and personal finance blogosphere….
BankRate coveres Peer-to-peer online lending grows in tight economy
“Home equity used to be the cash management tool for the credit-worthy borrower, and that has really, really dried up,” says Chris Larsen, CEO at Prosper. “In many ways, Prosper’s three-year, $25,000 loan is a pretty good proxy for what people were using home equity for — improving their home, starting a sole proprietorship, college costs and certainly for replacing credit card debt.
“On the return side, people that are getting 3 percent if they’re lucky (can find) it’s pretty easy to get returns that might range from 5 percent to 11 percent (on Prosper).”
RateLadder gives 8 Listing Strategies to get Best Prosper Loan Rate, an update of the Vintage Curves, and hosted the 9th Edition of the Carnival of P2P Lending. The Prosper Blog was represented by Doug Fuller and Debt Sale Update. Other Posts of Note:
- Why Borrowers With Bad Credit Pay A Higher Interest Rates
- P2P Lending Grows in Popularity as Banks Slow Lending (Are Individual Lenders Suckers or Savvy?)
Lazy Man says Dear iPhone: I Love You and Your New Great Price, but…
Blogging Away Debt tells how A Walmart Cashier Saved [her] From an Impulse Buy.
brip blap asks Does Innovation require desperation?
Cash Money Life explains how to Freeze Your Air Conditioning Costs.
GenX Finance offers 5 Quick Homeowners Insurance Tips That Can Save You Money and Your Home.
Me vs Debt wonders about The Cost of Comfort.
The Digierati Life tells how to Increase the Value of Your Home With a Few Simple, Affordable Changes.
And finally… it is with sad hearts that we wish Mike @ ProsperousLand good luck with his new job and wish him a speedy recovery towards continuing p2p blogging… (read his exit post in I Surrender)
RateLadder is a Prosper lender and has been since July, 2006. He has a passion for p2p lending. He owns RateLadder — My Prosper.com Journey and other P2P Lending Adventures, P2P No Bank the P2P Blog Aggregate, and ProProsper — Professional Tools for Prosper Lenders featuring SQL access to Prosper data.