InvestmentFraudPro is reporting that Prosper Marketplace, Inc. has reached a settlement agreement with the North American Securities Administrators Association (NASAA.)From the article National Settlement with Prosper Marketplace, Inc.The North America…
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Prosper Settles with States…
December 1st, 2008 — , Class Action Suit, Community, Prosper Forums, Prosper.com, quiet period, sec, settlement from Jeremy Frazao @ Prosper Lending, My Experience
Forum Lenders=Good Borrowers? (Update 2)
November 23rd, 2008 — , Community, Low Risk Loans, Prosper Forums, Prosper.com, borrowing from Jeremy Frazao @ Prosper Lending, My Experience
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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November 10th, 2008 — , Prosper Forums, Prosper.com, borrowing from Jeremy Frazao @ Prosper Lending, My Experience
I just thought I’d use this space to thank all my great Prosper borrowers. Some have hit bumps in the road, but they’ve all either paid off their loans or continue to be responsible and make their payments.Many lenders haven’t been so lucky. I particip…
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October 21st, 2008 — , Community, Prosper Forums, Prosper.com from Jeremy Frazao @ Prosper Lending, My Experience
Today’s Prosper Blog post:Notice to our Community Members 10/21/08 posted by Prosper BlogDuring our quiet period, we are required to remove portions of the site, including your comments and exchanges.Thank you for your understanding and support.The off…
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September 15th, 2008 — , Community, Low Risk Loans, Prosper Forums, Prosper.com, lending strategy from Jeremy Frazao @ Prosper Lending, My Experience
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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September 13th, 2008 — , Advice for New Lenders, Community, Low Risk Loans, Prosper Forums, Prosper.com, lending strategy from Jeremy Frazao @ Prosper Lending, My Experience
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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September 2nd, 2008 — , Community, Late loans, Prosper Forums, Prosper.com from Jeremy Frazao @ Prosper Lending, My Experience
Prosper has given an official response to the concerns, brought to light in fred93’s blog and the Motley Fool article, arising from it’s handling of the bankruptcy case on this loan.Prosper lender xraider originally discovered the complaint by the husb…
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August 31st, 2008 — , Community, Late loans, Prosper Forums, Prosper.com from Jeremy Frazao @ Prosper Lending, My Experience
Avoid This Company Like the PlagueThat’s the headline of the article written by Chuck Saletta about Prosper. The article is primarily concerned with Prosper’s filing in a US Bankruptcy Court regarding this loan. In the filing, Prosper denies directly l…
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August 24th, 2008 — , Community, Low Risk Loans, Prosper Forums, Prosper.com from Jeremy Frazao @ Prosper Lending, My Experience
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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July 20th, 2008 — , Advice for New Lenders, Community, Low Risk Loans, Prosper Forums, Prosper.com, ROI, lending strategy from Jeremy Frazao @ Prosper Lending, My Experience
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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