Archive for the ‘ Financial ’ Category

Prosper is partnering with personal finance bloggers Budgets Are Sexy and Well-Heeled to open a dialogue with consumers about how they are saving money - even very small amounts - and small changes they are making to help reach their financial goals. Continue reading How much can little sacrifices earn you? A lot, beginning with a cash prize…

Tell us your story and you could win $1000!! Continue reading Announcing the Prosper Talk About the Taboo Campaign and Sweepstakes!

Today Prosper released January 2010 statistics.  Notable in January was the increase in personal loans for debt consolidation purposes. Continue reading Prosper Sees Debt Consolidation Hit All Time High

Today, The Big Money, an outlet we and many others respect, published a disappointingly inaccurate story about Prosper and the peer-to-peer lending industry.  It’s unfortunate that the author’s data analysis and perspective relied almost entirely on a hodgepodge of anonymous sources.  If higher reporting standards had been upheld, the reality that Prosper has shown great promise and performed well on a relative basis over the last three-years would have been self evident.

Continue reading An Open Letter to The Big Money: Retract Your Story

Today Prosper released our November 2009 performance data. Notable in November, the average credit score of funded borrowers was 718 and 54% of loans were for debt consolidation purposes.

Continue reading Prosper Sees Spike in Borrowers Seeking to Knock Out Credit Card Debt