http://www.daxdesai.com/2007/09/28/prosper-sir-can-you-spare-25000/ High Return Investing with Dax Fri, 18 Dec 2009 10:01:37 +0000 http://wordpress.org/?v=2.9 hourly 1 http://www.daxdesai.com/2007/09/28/prosper-sir-can-you-spare-25000/comment-page-1/#comment-2919 ozyydude Fri, 19 Oct 2007 10:45:42 +0000 http://www.daxdesai.com/2007/09/28/prosper-sir-can-you-spare-25000/#comment-2919 A reasonable summary. Since you mentioned that the top dollar lender only has a 5% return, do be aware that in the early days A reasonable summary. Since you mentioned that the top dollar lender only has a 5% return, do be aware that in the early days

]]> http://www.daxdesai.com/2007/09/28/prosper-sir-can-you-spare-25000/comment-page-1/#comment-2512 Mike Mon, 01 Oct 2007 21:31:02 +0000 http://www.daxdesai.com/2007/09/28/prosper-sir-can-you-spare-25000/#comment-2512 A reasonable summary. Since you mentioned that the top dollar lender only has a 5% return, do be aware that in the early days, Prosper didn't provide much credit information on people. This resulted in a lot of loans getting issued that probably should've have been because the lenders didn't know enough about the person (hey, that sounds kinda familiar). Early lenders took it a bit hard as the early kinks were shaken out - not so good for them, but great for the rest of us. A reasonable summary. Since you mentioned that the top dollar lender only has a 5% return, do be aware that in the early days, Prosper didn’t provide much credit information on people. This resulted in a lot of loans getting issued that probably should’ve have been because the lenders didn’t know enough about the person (hey, that sounds kinda familiar). Early lenders took it a bit hard as the early kinks were shaken out – not so good for them, but great for the rest of us.

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