Welcome!

Greetings everyone. Welcome to SeattleEditor’s new Prosper blog. This blog is meant as an informative resource for both borrowers and lenders on Prosper.com. Primarily this blog details my own experience as a Prosper borrower/lender and what I’ve learn…

Continue reading → Welcome!

The Nitty Gritty Details

Creating a Loan ListingI found that creating a borrower listing on Prosper.com was amazingly simple and have detailed the process and some advice I’ve gleaned from what I’ve seen on Prosper so far.  [Edit - check Prosper’s Discussion Forums for a …

Related Stores

Continue reading → The Nitty Gritty Details

Becoming a Borrower

The Question of Who?After due consideration of the merits of trying to take out a Prosper
loan, we had to make a few more decisions before putting up a loan listing. 
The first decision was who to put the loan listing under. At first glanc…

Related Stores

Continue reading → Becoming a Borrower

Changing Focus

Should I Become a Borrower?
While talking to my Partner about my Prosper account, telling her about the
payment coming in, a new thought occurred. Should we think about using
Prosper’s borrower services for our own family?
Previously, I had only …

Related Stores

Continue reading → Changing Focus

Payment Made on Loan #1

First Statement Arrives
Yesterday, I received my first Prosper lender statement - detailing that
the first payment on the loan on which I bidded has been paid. My Prosper
account now has a positive balance of $1.85 - the amount I’ve earned back fr…

Related Stores

Continue reading → Payment Made on Loan #1

Making the decision

Choosing What to Borrow For
After making the decision to try out being a borrower on Prosper, we
poured through our budget to see if it was a good financial deciscion - and if
so, how a Prosper loan could be used to improve both our finances and o…

Related Stores

Continue reading → Making the decision

Winning Bid

A Good Pick?
Congratulations to amylweb! The loan listing I bid on has now been
fully funded. This means that the borrower is going to get their loan from the
Prosper.com lenders, including myself. The funds were withdrawn immediately from
my Pr…

Related Stores

Continue reading → Winning Bid

Becoming a Lender

Learning Curve
The first thing I do when I get involved in any new thing is to try to do as
much research as possible. So I started doing Google searches on Prosper.com to
find out what people were saying about the site and the services offered. T…

Related Stores

Continue reading → Becoming a Lender

Joining a Group

Basic Group FactsThe first thing that Prosper.com generally recommends is finding a Group to join. Groups are collections of people with common interests, backgrounds or purpose that band together in an effort to acquire better interest rates on loans …

Related Stores

Continue reading → Joining a Group

Email Updates