Title: Second Prosper Loan – Decent Interest Rate of 12% - Verification Stage 3
Post by: TravelingPennies on September 14, 2011, 11:00:00 PM
Post by: TravelingPennies on September 14, 2011, 11:00:00 PM
This is my second Prosper loan. I recently paid off my last one (for $25,000), but I am still working on lowering my high interest credit card debt, so this loan will be used to pay off high interest credit cards. Requesting $20K https://www.prosper.com/invest/listing.aspx?listingID=490627
Expires Monday Sept 26
17% funded so far
Verification Stage 3
Check out the listing and let me know if you have any questions!
Expires Monday Sept 26
17% funded so far
Verification Stage 3
Check out the listing and let me know if you have any questions!
Title: Second Prosper Loan – Decent Interest Rate of 12% - Verification Stage 3
Post by: Peter on September 14, 2011, 11:00:00 PM
Post by: Peter on September 14, 2011, 11:00:00 PM
Title: Second Prosper Loan – Decent Interest Rate of 12% - Verification Stage 3
Post by: TravelingPennies on September 15, 2011, 11:00:00 PM
Post by: TravelingPennies on September 15, 2011, 11:00:00 PM
Much appreciated Peter and I definitely understand regarding the interest rate. I will take a look at the group this weekend - that is an excellent point.
from: Peter on September 15, 2011, 11:02:55 PM
from: Peter on September 15, 2011, 11:02:55 PM
Title: Second Prosper Loan – Decent Interest Rate of 12% - Verification Stage 3
Post by: TravelingPennies on September 20, 2011, 11:00:00 PM
Post by: TravelingPennies on September 20, 2011, 11:00:00 PM
I tried to switch groups over the weekend, but apparently you cannot change groups when you have an active loan listing. That seems bit weird, huh? Plus I found the group area to be very difficult to use. Is it just me or have they let the "social" aspect of social lending wither and die?
Title: Second Prosper Loan – Decent Interest Rate of 12% - Verification Stage 3
Post by: TravelingPennies on September 20, 2011, 11:00:00 PM
Post by: TravelingPennies on September 20, 2011, 11:00:00 PM
Title: Second Prosper Loan – Decent Interest Rate of 12% - Verification Stage 3
Post by: TravelingPennies on September 22, 2011, 11:00:00 PM
Post by: TravelingPennies on September 22, 2011, 11:00:00 PM
I think I am on track to fund at 100%. Crossed over 70% last night (I set it to fund over 70%) and Prosper sent out a nice little email to investors:
"We just launched the Verification Stage, an investor tool which makes it easier for you to spot loans further along in the loan verification process. The higher the Verification Stage, the more likely the loan will fund and originate. And now through Tuesday, earn 2.25% Cash Back on your total investment of $1,000 or more in loans in Verification Stage 2 or 3."
That should push me to 100% before Monday. Thanks for the advice and the investment!!
"We just launched the Verification Stage, an investor tool which makes it easier for you to spot loans further along in the loan verification process. The higher the Verification Stage, the more likely the loan will fund and originate. And now through Tuesday, earn 2.25% Cash Back on your total investment of $1,000 or more in loans in Verification Stage 2 or 3."
That should push me to 100% before Monday. Thanks for the advice and the investment!!
Title: Second Prosper Loan – Decent Interest Rate of 12% - Verification Stage 3
Post by: TravelingPennies on September 22, 2011, 11:00:00 PM
Post by: TravelingPennies on September 22, 2011, 11:00:00 PM
Congratulations. I see you are at 78% this morning, so I agree it is highly likely you will get to 100% by Monday.