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The Prosper peer lending network has extended their promotion for up to 2% in lender cash rebates when you invest in the Prosper loan network through December 31, 2009.
Sign up for Prosper Lending to receive up to 2% in cash rebates.
If you invest $1,000 to $4,999, you will receive a 1% cash rebate into your Prosper account, or if you invest $5,000 or more, you will receive a 2% cash rebate into your Prosper account.
Lenders must invest the funds during the promotional period of October 12th through December 31st by being a winning bidder on loan listings that result in funded loans.
Once you have bid and invested on the loan listings, your 1% or 2% cash rebate will be deposited into your Prosper account by January 22nd.
If you met the original promotion requirements by November 15th, an initial transfer will be deposited into your Prosper account by December 4th.
Prosper offers high interest rate returns on your investments, plus you can earn up to 2% in cash rebates when you invest in Prosper today.
You may also be interested in the Lending Club $25 Cash Bonus Offer to get a $25 cash bonus when you join the Lending Club peer lending network.
Check out these additional Investment Promotions as well for more investment opportunities.
Sign up for Prosper peer lending investments today to get up to 2% in cash rebates from investing in the Prosper peer-to-peer lending network.
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Prosper is a dangerous place to place money. The biggest risk is no longer related to whether or not deadbeats pay back their loans (which they do not in 40% of the cases), the biggest risk is now related to whether or not you believe Prosper can survive another 3 years (considering they are weeks away from running out of cash). Now that Proser owns the loans (read their S-1 filing), lenders are nothing more than unsecured creditors of Prosper’s debt. The fact that Prosper is close to running out of cash is more than likely the actual reason behind all the new incentives to attract new money. If lenders were making money on Prosper, this promotion would not be necessary – as the almost 900,000 members would just reinvest the 8-13% Prosper CLAIMS everyone is earning…
[...] Prosper Peer Lending Bonus – You’ve still got time to earn up to a 2% cash rebate when you invest in the Prosper peer lending network. [...]