Prosper Will Make Borrower’s Second Payment for Loans on Friday, February 17, 2012

The Prosper network will make each borrower’s second payment for all loan applications received on Friday, February 17, 2012.

This Friday, Prosper will be running a 1-day promotion offering to make your 2nd loan payment for up to $300 when you submit your listing between 12:01 AM and 11:59 PM PT on February 17, 2012.

Just apply for a new Prosper Loan before midnight on Friday, February 17, 2012, and Prosper will make your second payment for up to $300.

You can take advantage of this offer when you click on the promotional link that will be on the www.prosper.com homepage or by clicking on the above Prosper link starting this Friday.

Prosper Borrower 2nd Payment Promotional Details

To be eligible for the offer, you must:

1. Post a loan listing on Prosper.com before 11:59 PM PT on February 17, 2012.

2. Your loan has to reach Verification Stage 3 within 1 week of posting the loan listing.

3. You cannot have posted a loan listing on Prosper.com within the past 30 days.

4. You may not withdraw your loan listing.

If you meet these criteria, Prosper will credit your second required loan payment up to $300.

The credit will be posted to your account within 30 days of Prosper receiving your first payment.

This promotion cannot be combined with any other promotional offer from Prosper.

Eligibility for a loan is not guaranteed and requires that a sufficient number of investors commit to invest in your loan.

Current Prosper lenders can also earn a $100 Prosper Referral Bonus when you refer a friend to get a loan.

You may also be interested in the Lending Club Lender Bonus to earn bonus cash when you open a new peer lending investment account.

Apply for a Prosper loan this Friday to receive your second loan payment for free.