http://www.maximizingmoney.com/investment-opportunities/prosper-peer-lending-network-cash-rebate-offer-extended/ Stretching Your Money to its Maximum Potential Sat, 11 Feb 2012 12:43:28 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.maximizingmoney.com/investment-opportunities/prosper-peer-lending-network-cash-rebate-offer-extended/comment-page-1/#comment-61298 22 Bonus Offer Opportunities Expiring in 2009 | MaximizingMoney.com Tue, 22 Dec 2009 00:47:09 +0000 http://www.maximizingmoney.com/?p=5414#comment-61298 [...] 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. [...] [...] 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. [...]

]]> http://www.maximizingmoney.com/investment-opportunities/prosper-peer-lending-network-cash-rebate-offer-extended/comment-page-1/#comment-60165 Prosper Lender Thu, 10 Dec 2009 23:48:17 +0000 http://www.maximizingmoney.com/?p=5414#comment-60165 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 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…

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