Prosper Review – Investing with a Peer to Peer Lender
December 10, 2011 – 5:11 am
Investing With Prosper
Are you looking for higher rates of return than you can earn on certificates of deposit, online savings accounts, and bonds?
If you are willing to accept a bit more risk and want to mix up your portfolio to not rely solely on stocks then peer-to-peer lending can be a great option.
was the first successful company in the peer-to-peer space, and remains a great place for you to invest money in P2P lending.
What Problem Does Prosper Solve?
If you find yourself in a financial bind and in need of cash, you have several options. You can borrow from family or friends, use your credit card, a personal loan from your bank, or as a last resort use payday lending. These were your options up until about 4 or 5 years ago when peer-to-peer lending arrived on the scene. With peer-to-peer lending you have a new option. Instead of having to go to a financing company to solve your money needs, you can turn to other individuals.
Tags: Investing, Investing Peer
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