Archive for July, 2009

Choosing when to be extravagant should be part of your financial plan.

Stephanie’s Quinceañera would be her dream come true. This rite of passage is on the minds of many young girls turning 15. But for Stephanie, the dream included a horse Continue reading Lessons from a $300,000 Birthday Party

Although Prosper completed the federal regulatory process, Prosper must also complete a different regulatory process for each state before lenders in that state may invest though our marketplace. 

We are diligently working through the process, but ultimately Continue reading Prosper is working hard to gain access for investors in all states

Great interview on the Charlie Rose show – Floyd Norris from NYT.  He points out this is a great time to be a bank -  a lack of competition amid tighter underwriting means banks can dictate terms to even their best borrowers.

Continue reading A Great Time to be a Banker

Take a look at Chris Larsen on MSNBC on Friday, July 17th.

Chris talks about how peer-to-peer lending is exactly what this country needs right now. Lenders can start with as little as $25.00. He allays commentator concerns regarding peer-to-peer lending by Continue reading Prosper CEO Chris Larsen on MSNBC