Beyond_destiny — P2P No Bank

Authoritative Report of VHV

June 24th, 2007 — P2P Lending from Beyond_destiny @ Vets Helping Vets

by www.sociallendingwatch.com

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Creation of VHV forum under Prospers.org

June 17th, 2007 — P2P Lending from Beyond_destiny @ Vets Helping Vets

We’re pleased to announce the creation of VHV forum under Prospeers. org, the 3rd party which lacked of restriction and censorship:)

prospers.org forum

Please contact admin for access to group forum

Service of HR-grade suspended

June 13th, 2007 — P2P Lending from Beyond_destiny @ Vets Helping Vets

We made a painful decision that the service of HR-grade has been suspended temporarily. The reputation of group has been devastated even after we tightened up the review on high-risk borrower. In the meantime, we will diret our limited resource to assist other needed members.

High-risk borrower was suggestd to join other reputatable group, such as ‘High Risk that should not be’, ‘The Group’, and

SOP for Group Listing Review

June 13th, 2007 — P2P Lending from Beyond_destiny @ Vets Helping Vets

Borrower submits loan listing to Group LeaderGroup Leader reviews listing requestGroup Leader contacts Borrower for additional information and/or documents(Group Leader extends the time limit of pending listing request if necessary)Group Leader verify information and documentsGroup Leader makes a decision on listing request.Vetting information is published on Group BBS Invite lenders and active

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Share Your VHV Story

June 10th, 2007 — P2P Lending from Beyond_destiny @ Vets Helping Vets

The “Stories” site includes success stories from Prosper members, and we invites you to send Prosper your success story under VHV. It will helps fellow veterans understand who are are and what we are doing.

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Referral Program and Group Fee

June 10th, 2007 — Group news from Beyond_destiny @ Vets Helping Vets

Prosper has replaced Group leader reward by Referral program, on Jun 6th. It has changed the motivating of group operation and prevented widely known abuse of group leader seen in last several months.

In order to uphold the principle of VHV, we’re please to announce that we have made two important changes to group fee structure and Group Fund. Now, Vets Helping Vets(VHV) is 100% FREE to both

Group Announcement

May 27th, 2007 — Group news from Beyond_destiny @ Vets Helping Vets

Dear all,

VHV has closed to new members until further notice due to personal reason(relocating to west coast).

The group leader will continuously monitor the Prosper marketplace and several important changes are anticipated to release upon re-opened of group.

Borrower with current listing has been referred to ‘High risk that should not be’. Please contact its group leader per invitation only.

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Access and Transparency through Person-to-Person Lending

May 8th, 2007 — P2P Lending from Beyond_destiny @ Vets Helping Vets

Chris Larsen

Chief Executive Officer and Co-Founder Prosper Marketplace, Inc.

PowerPoint presentation at

FDIC

Advisory Committee on Economic Inclusion

Change of State rate and limit on May 1, 07

May 2nd, 2007 — P2P Lending from Beyond_destiny @ Vets Helping Vets

Alaska: the rate cap has increased from 10.25% to 16%.

Arizona: the rate cap on loans over $10,000 has increased from 24% to 30%.

Arkansas, Delaware and Tennessee: the rate cap has increased.

California: the minimum loan amount has been lowered from $2,550 to $1,000; loans of $1,000 to $2,550 have a 19.2% cap.

Kansas: the maximum loan amount has been decreased to $10,000.

Kentucky: the rate

First Payment of VHV Group Fund

April 20th, 2007 — P2P Lending from Beyond_destiny @ Vets Helping Vets

We have made first payout of VHV group fund. Please visit the link for detail information.

You may support your fellows by make a donation to group fund. It’s easy, fast and secure.

Thank you,

Vets Helping Vets

Wall of Shame

April 19th, 2007 — P2P Lending from Beyond_destiny @ Vets Helping Vets

MDL5676 ListingID53938

Group comment:

The loan becomes later after made three payments. It seems borrower experienced financial hardship during transition to civillian world. No response may indicate the debt was neglect. Simply said, borrower may run away with the debt. We anticipate the collcetion service made heavy effort on this loan.

C130USAF ListingID89089

Borrower’s description

‘

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Poaching of Other Group Leader

April 9th, 2007 — P2P Lending from Beyond_destiny @ Vets Helping Vets

Some Group Leaders are simply poaching other group member for their own benefits. They often offer NO help at all, but only trying to collect fees associated with your listing, if it was funded by lending community. Some message are very deceptive and full of empty promise. For example, ‘we fund our own loan’, ‘we have $300K to lend’, ‘Help you to get best interest on Proser’…

Poaching is

Downgrade of Group Rating

April 6th, 2007 — P2P Lending from Beyond_destiny @ Vets Helping Vets

We’ve been sadly to see our group rating has been downgraded due to two new late payments from HR-grade borrowers. One of them has been reported to Prosper for suspicion of ID fraud. We regreted that tough measure might be executed slightly late and expect the rating improved within several weeks.

Sadly said, some unresponsive persons have abused the system and value of veteran group. We are

Approval of HR-grade Listing

April 4th, 2007 — P2P Lending from Beyond_destiny @ Vets Helping Vets

The reputation and rating of our group has been severely damaged by late payments from HR-grade borrowers. It’s a shame value of group and our good intent has been abused by several irresponsible persons. After thoroughly examined the circumstance and current cases, we’ve decided to make following announcement, effective immediately. This change doesn’t affect current loan in payment or active

Spread the word of VHV

April 3rd, 2007 — P2P Lending from Beyond_destiny @ Vets Helping Vets

Today, I’m very happy to find one of group members has signature of ‘Supporter of VHV’ in his forum signature. It would be greatly appreciated if more group members adopt this kind of signature to spread the word of VHV and show your active support.

You may insert a link to group page or blog into your signature.

Thank you

Click the link to see the signature

Prosper, Policy and Group behavior

March 31st, 2007 — P2P Lending from Beyond_destiny @ Vets Helping Vets

The success of Prosper relies on the great awareness and integrity of consumers. It shall be platform with higher ethical and moral standard, beyond conventional financial institutions. The forum, part of Prosper community shall grant great freedom of speech to all interesting parties, without preference or meddling. Instead, it’s a pitty that Prosper has given great tolerance to some practices

First Payment

March 28th, 2007 — P2P Lending from Beyond_destiny @ Vets Helping Vets

After properly allocated fund for stated purpose, Prosper will make AUTOMATIC debit from your verified account to repay your Prosper loan for next 36 months. Most of the time, there are no problems with this. But, the first payment occasionally presents some problems. Many banks, in an effort to protect you, will decline a draw on your account from an unknown company.

To avoid this issue, I

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Post-funding Verification

March 28th, 2007 — P2P Lending from Beyond_destiny @ Vets Helping Vets

Don’t think you will receive the fund next day once your listing fully funded. There are some additional verifications that Prosper does to protect lenders against fraud.

Bank Account Verification

Prosper will verify your bank account. It ensures drafts can be made against the account. Once your listing reaches 5% funding, you are able to initiate this verification. I strongly recommend you do

One Hundred Group Loans

March 26th, 2007 — P2P Lending from Beyond_destiny @ Vets Helping Vets

It’s great to see the one-hundredth Group loan has been originated one hour ago. The borrower who is an Iraq war disabled Army Captain and business owner of military-exclusive music label.

Sound Off

Adjustment of Non-Taxable Income

March 24th, 2007 — Group policy from Beyond_destiny @ Vets Helping Vets

We’ve advocated to Prosper for fair consideration of non-taxable income which is main source of income for many veterans. And we’re glad to receive a favorable announcement from Prosper today. Now, you are suggested to enter 125% of original amount of non-taxable income while listing a loan request. Please pay attention to following procedure if your income is eligible to be adjusted.

Prosper

CommunityLend, Canada’s first P2P lending site

March 23rd, 2007 — P2P Lending from Beyond_destiny @ Vets Helping Vets

CommunityLend, Canada’s first P2P lending sits is set to launch in fall, 20o7. It could be likely the combination of Zopa and Prosper, the leading P2P lending site in U.K. and America respectively.

The team behind CommunityLend - which includes noted banking blogger Colin Henderson - is currently working on a preview site where prospective users will be able to simulate the social lending

Sending Free Fax, It’s easy and convenient

March 23rd, 2007 — P2P Lending from Beyond_destiny @ Vets Helping Vets

Occasionally, some members need to send a few pages of documents to Group Leader or Prosper for the purpose of verification. It could be inconvenient for many who don’t have a fax machine around and cost some bucks, too. I would like to recommend a free fax site, http://www.faxzero.com/ which my satisfaction is perfectly positive after several months experience.

FaxZero lets you send a fax to

VLO Program, Active Duty

March 20th, 2007 — P2P Lending from Beyond_destiny @ Vets Helping Vets

Feedback of VLO Program has been mixed since it was launched one week ago. The great leap seems not be good timing and incompatible with current condition of Prosper marketplace. Therefore, we’ve decided to take a small step, instead. Hopefully, VLO Program would march to its success step by step.

The category of Active Duty was selected for this experiment. We strongly believe it’s one of the

Default Prosper Loan?

March 20th, 2007 — P2P Lending from Beyond_destiny @ Vets Helping Vets

Prosper will ban defaulted borrower for life, regardless. It seems not be an alert to a few borrowers who have exhibited careless attitude towards their financial obligation of unsecured debt. Maybe it is easy to ignore a few calls and mails from collection agency, and walk away without threatening of home foreclosure and loss of transportation. However, the debt could have negative effect on

Group Loan Amount Reaches Half MillionWe’re please…

March 17th, 2007 — P2P Lending from Beyond_destiny @ Vets Helping Vets

Group Loan Amount Reaches Half MillionWe’re pleased to annouce total amount of our group loans has reached half-million mark. We’re anticipating to reach one-million mark within year of 2007.Thank you for your continuous support.

Investing in Prosper loan

March 15th, 2007 — P2P Lending from Beyond_destiny @ Vets Helping Vets

I have been contacted by many individuals who especially interested in lending to our honored veterans. Clearly, the social aspect of lending attracts many eyeballs.Personally, I wanna warn the interesting parties, particularly individual lenders who intended to use Prosper as an alternative investment method. Prosper (unsecured) loan was considered moderate high risk and illiquid investment as

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