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Forum Lenders=Good Borrowers? (Update 2)

Even though Prosper is floundering in an unconscious state at the moment, I’ll continue to operate under the assumption it will emerge from it’s “quiet period” and resume business. The model will almost certainly be changed, but hopefully these observa…

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Continue reading → Forum Lenders=Good Borrowers? (Update 2)

Lender/Forum Participant Seeking Loan

Long-time Prosper lender, Mtnchick is an active participant on Prospers.org and now has an active listing. This listing fits my sub-portfolio described in my previous posts: Forum Lenders = Good Borrowers? and Forum Lenders = Good Borrowers? (Update). …

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Forum Lenders = Good Borrowers? (Update)

I posed this question in July in this post. At the time, I promised updates as these loans age and as more loans are included in this sub-portfolio. Since then, I’ve made two more of these loans and the others all remain current with no late payments. …

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Continue reading → Forum Lenders = Good Borrowers? (Update)

Several Long-Time Lenders Seeking Loans

Right now, there are 3 long-time lenders and forum participants asking for loans. Two are large loans about to expire unfunded. I just found out about these two or would have bid. If they re-list, I will. Here they are.Ms. TabbyKats listing–$4,000 AHe…

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Continue reading → Several Long-Time Lenders Seeking Loans

Forum Lenders = Good Borrowers?

New lenders can learn a lot from the various discussion forums dedicated to borrowing and lending on Prosper, but participation in these communities offers another benefit as well.Spending time reading the forums, one gets a lot of insight into minds o…

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