Comments on: Prosper Plan Just Getting Going http://www.lazymanandmoney.com/prosper-plan-just-getting-going/ Saving, Earning, and Investing Money Sat, 21 Nov 2009 14:52:35 -0800 http://wordpress.org/?v=2.8.5 hourly 1 By: lazymanandmoney http://www.lazymanandmoney.com/prosper-plan-just-getting-going/comment-page-1/#comment-154 lazymanandmoney Wed, 25 Oct 2006 14:46:20 +0000 http://www.lazymanandmoney.com/2006/10/24/prosper-plan-just-getting-going/#comment-154 I think a lot of people are waiting on the sidelines like yourself. I had been putting only small amounts of money myself, however, it's been successful enough for me to expand and put more money into it. I don't think there will be any real success stories for another 6 months or a year. It takes 3 months for a loan to default and one hopes that they are rare. It will take some time and some investment to get a sample size to see if it's a success or failure. Or I suppose you could look at their statistics on the website. There are a number of stats such as default rates and average interest rates. I think a lot of people are waiting on the sidelines like yourself. I had been putting only small amounts of money myself, however, it’s been successful enough for me to expand and put more money into it.

I don’t think there will be any real success stories for another 6 months or a year. It takes 3 months for a loan to default and one hopes that they are rare. It will take some time and some investment to get a sample size to see if it’s a success or failure.

Or I suppose you could look at their statistics on the website. There are a number of stats such as default rates and average interest rates.

]]> By: NLG http://www.lazymanandmoney.com/prosper-plan-just-getting-going/comment-page-1/#comment-153 NLG Wed, 25 Oct 2006 12:50:45 +0000 http://www.lazymanandmoney.com/2006/10/24/prosper-plan-just-getting-going/#comment-153 I've been thinking about starting to invest in Prosper, but I'd like to hear some more success stories. Any out there??? I’ve been thinking about starting to invest in Prosper, but I’d like to hear some more success stories. Any out there???

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