Review Of Peer-To-Peer Lending Site – Prosper

Prosper is a Peer to Peer lending website similar to Lending Club that connects individuals who want to lend money to others who are looking to borrow money. It is appealing to both borrowers and lenders because it offers great rates for borrowers and great returns for investors. As an investor, Prosper allows you to skip the bank and deal directly with borrowers putting more money in your pocket. And, as a borrower, you can typically save several percentage points on your loan than what you would have received otherwise from a traditional lender. Investing With Prosper Prosper allows you to invest an amount of money, with which you can loan out to other individuals. The minimum amount to loan … Read more