The other day I was talking with a friend about the economy, and discussing the new world for consumer borrowers. My friend was considering obtaining an unsecured loan. Our discussion spurred a question: why, and when, is an unsecured loan a good thing for a good borrower? After all, isn’t a secured loan usually a lower APR? Here’s [...]
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- New Loan Funded — Relocating, Need Quick Cash to Payoff Home Equity Loan — $25,000 at 22% — C Credit — DTI 28% A new loan funded (Relocating, Need Quick Cash to Payoff Home Equity Loan – $25,000 at 22%). I participated via a manual bid the loan was Autofunding. The borrower had C credit, 28% DTI. and is a homeowner. As a reminder my standing orders (and manual bids) only find loans with 0 current delinquencies,......
- Prosper.com Loan Listing Rates That WILL Get your Loan FUNDED A legitimate borrower at Prosper should have 1 main objective -- get the loan fully funded. Granted there are other objectives (like getting the best interest rate), but none are as important as getting 100% funded. Without being 100% funded you will not get the loan. Prosper.com can be used to......
