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Prosper is one of America’s two well known Peer to Peer (P2P) lending companies. They provide a way for individual borrowers and lenders (regular people like you and me) to make loan agreements between each other, using Prosper’s platform to broker the deals. As a borrower, all you have to do is fill out the …
Common Problems with Prosper Lending, and How to Avoid Them Read More »
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Prosper, like Lending Club, is one of several peer-to-peer lending companies that have given people a cheaper alternative to what is often found in commercial banks. Their credit requirements aren’t as strict, and they have lower interest rates – that is, if you have good credit. Some people would find this method of borrowing money …
Top 5 Reasons to Get a Loan through Prosper Read More »
The post Top 5 Reasons to Get a Loan through Prosper appeared first on Good Credit Info.
Since the rise of peer-to-peer lending, banks have tried to scare people out of participating in these alternative programs. They want to convince people that the safest way to borrow money is through them, but is it really working? Some say that the Great Recession of 2007 was caused by excessive de-regulation mixed with a …
Peer-to-Peer Lending as an Alternative to a Bank Loan Read More »
The post Peer-to-Peer Lending as an Alternative to a Bank Loan appeared first on Good Credit Info.
Peer to peer lending (P2P) is the fastest way for regular people to get affordable loans online. Prosper is one of a number of P2P services that have sprung up in the United States over the past decade or so. For users with a mid-to-strong credit score, reasonable interest rates and fast processing make Prosper …
Does Prosper Really Work? A Prosper Review for Borrowers and Investors Read More »
The post Does Prosper Really Work? A Prosper Review for Borrowers and Investors appeared first on Good Credit Info.
Most of us remember what it was like when the market crashed in late 2007. A chain of events led to one worst economic collapses since the Great Depression. Many people were getting laid off, and there were a record number of foreclosures. This led to a series of government bailouts that sent this country …
A Lenders Guide to Prosper Read More »
The post A Lenders Guide to Prosper appeared first on Good Credit Info.