Thursday, March 11, 2010

Prosper, the Largest Peer - To - Peer Lending Marketplace

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The financial crises is not over yet which means that still alot of people are struggling financially. Many have lost their jobs and left with a mortgage or other bills to pay. Prosper will have the answer for you. Get rid of those debt and pay small monthly payments. Your loan requested will be directly transferred to your account. Take away the everyday stress of paying back your debts. Loan from Prosper and pay the loan of in small amounts. Live to enjoy life again not to survive.


Today the day everyone might have some financial difficulties. The financial crisis took a big toll and now people are still struggle to get back on their feet.
Loaning from banks could be a very long process and you are not even sure if you will get the amount you have requested.
Prosper is highly secured and honest company which deals with loans, investments and peer to peer lending.
Currently holding 930.000 members and over 191.000.000 in loans funded, they are one of the leading loan marketplace companies in the world.
Whether you want to loan or invest money, this is the place to be.
Banks tend to charge ridiculously high rates and you end up paying much more then what you have signed for in the first place. Prosper makes this much easier.

What is Prosper?

Prosper Loans Marketplace is America's Largest peer-to-peer lending marketplace. The main purpose of the company is connecting people to people and eliminate the need for borrowers to go through a bank for a loan. The fewer middlemen means lenders who invest their money on Prosper also benefits.

How to get a personal loan?

Getting a loan is much easier then going through a bank. With Prosper you only need to follow 4 steps.

1)Create your loan listing
Request how much you want to borrow, then set your max interest rate. (the site will explain you more in detail)

2)Watch the bidding
The auction starts immediately. Lenders can bid to fund your loan. As lenders compete, the lower your interest rate can fall.

3)You win
When a fully funded listing closes, the money for your loan will be deposited directly into your bank account

4)Easy monthly payments
Fixed monthly payments are automatically withdrawn from your bank account. No hidden fees, no pre-payment penalties, and your interest rate never changes.



We can define Prosper better as a online community for lending and borrowing money. Lender and borrowers come together to bid on personal loans: loans without a bank through a peer to peer lending.

When visiting the site, you will have the ability to check how much your rate would be. As discussed about, the rate will determine on the person bidding on your loan. As these are very competitive you might end up with a rate that is much lower then what you have expected.
Either way you can join Prosper for free. Whether you are investing or loaning.
Be out of debt in no time and enjoy small monthly payments.

For registration on the site and more information, please visit:



When clicking this link above you will be able to learn much more about their services. Sign up for free and get rid of your debts quick and easy

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