Prosper is pleased to inform our Lenders in Florida that we have received state clearances and are now effective for business. We already have hundreds of lenders and borrowers participating in the first auction based peer-to-peer loans platform and welcome our members in Florida back to our community.
Prosper is in the process of working with every state to allow lending; however each state has their own process and ultimately Prosper does not control the timeline involved to get approval. Rest assured that this is a priority for us and we will let you know as lending opens up in new states.
Prosper offers three easy ways to invest in individual Americans – in a plan, one-at-a-time, or existing Notes – the choice is yours. Portfolio Plans place bids automatically, saving you time. You can choose a ready-made plan that meets your goals and earns great returns. The estimated returns on our portfolio plans range from 6.9% to 13.2%. These are healthy returns that confirm peer-to-peer lending is a viable alternative asset class in which to invest.
To read more about the changes we have made to ensure we deliver the world’s most transparent and durable personal loans trading platform read here.
Be sure to follow us on Twitter, become a fan on Facebook, and check back here on the Prosper Blog to join in the discussions about peer-to-peer lending.
Welcome back and happy investing!
Notes offered by Prospectus.
Prosper is currently available to lenders in the following states: California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Louisiana, Maine, Minnesota, Missouri, Montana, Nevada, New Hampshire, New York, Oregon, Rhode Island, South Carolina, South Dakota, Utah, Virginia, Washington, Wisconsin and Wyoming.
The current states eligible for participation by Prosper lenders can be found at: http://www.prosper.com/help/investing.aspx#states
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