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Micro Lending

Peer Lending – Mid Year Review (2009)

It has been a while since I last posted the status of my peer lending income stream using Prosper. There is also a very good reason why I haven’t kept up with monthly status updates. My Prosper investments have basically turned into a high risk savings account! The number of charge off [...]

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Micro Loan Status – June (2009)

Taking out a micro loan (or peer loan) can provide an opportunity to individuals looking to consolidate debt. The poor economy has changed the way banks and other traditional lending institutions lend out money. A growing trend for people needing financing is to turn to individuals looking to lend out small chunks of [...]

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Passive Income Results – March (2009)

The first half of 2009 seems to just be flying by. Unfortunately, I have gotten a little behind in posting my monthly passive income results. Since June is right around the corner, I figured I better get back on track by posting my March results.
Overall, my March results showed some progress compared to [...]

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My Toxic Assets

Don’t you just love the phrase “Toxic Assets”! I am tired of hearing about it every time I flip on the television or listen to the radio. Unfortunately, it seems as if some of these toxic assets made their way into one of my passive income streams known as peer lending.
I started [...]

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