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Prosper

Peer to Peer Lending – 3rd Quarter Review (2009)

Peer to Peer Lending

One of the very first passive income streams that I started several months ago was peer to peer lending. While not entirely “passive”, I found the concepts of peer lending to closely fit with my financial and personal goals. Those goals were to generate multiple streams of income while spending the least amount [...]

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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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Peer Loan Status – March (2009)

Peer lending can provide an excellent opportunity for individuals looking to take out a loan. As the recession deepens and the banks continuing to tread lightly on lending out money – peer lending has become a viable alternative to traditional lending. There are several companies out there who specialize in bringing individual lenders [...]

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