S.P.A.M. - Alternatives to Prosper.com for Lenders?




cordelli
Feb 9, 12, 10:06 am
I've had great luck with Prosper.com over the last four years, with an annual return just shy of 30%. I fully acknowledge it's mostly luck, there's not much skill in picking loans to fund given the limited information they give you.

That said, Connecticut residents can not currently invest in any future loans. Supposedly they are working on it, but they have been saying that for months, and it's silly to just let the money sit there collecting dust. Should they resolve it, I will be thrilled to fund loans again.

Anybody using an alternative to Prosper for peer to peer lending they are happy with?


CrispyRice
Feb 10, 12, 5:09 pm
Mr. Crispy had used Prosper, too, until his state banned its residents as well. He looked into other sites (I think he was particularly keen on trying fundingclub.com) but his state hadn't just banned their residents from Prosper, but from all peer to peer lending sites. You may find that you are unable to use any of them.

arpitsheth
Feb 11, 12, 1:52 pm
For peer-peer lending i use lendingclub.com. So far it has been a good experience giving me 10+% returns. If someone is interested in joining, please let me know and i can send invites


cfuss
Aug 23, 12, 8:57 pm
Are any of these peer to peer sites mileage card beneficial?

Nekamah7
Aug 27, 12, 1:32 am
Are any of these peer to peer sites mileage card beneficial?

Kiva might allow mileage earning.



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