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Old Feb 9, 12, 10:06 am   #1
In Memoriam
Original Poster
Join Date: Feb 2000
Location: Easton, CT, USA
Programs: ua prem exec, Former hilton diamond
Posts: 31,802
Alternatives to Prosper.com for Lenders?

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?
cordelli is offline   Reply With Quote
Old Feb 10, 12, 5:09 pm   #2
Join Date: Jul 2010
Location: COS and PIT
Programs: UA Plat
Posts: 279
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.
CrispyRice is offline   Reply With Quote
Old Feb 11, 12, 1:52 pm   #3
Join Date: Jan 2012
Posts: 7
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
arpitsheth is offline   Reply With Quote
Old Aug 23, 12, 8:57 pm   #4
Join Date: Jul 2011
Posts: 142
Are any of these peer to peer sites mileage card beneficial?
cfuss is offline   Reply With Quote
Old Aug 27, 12, 1:32 am   #5
Join Date: Jul 2009
Programs: All of 'em
Posts: 421
Originally Posted by cfuss View Post
Are any of these peer to peer sites mileage card beneficial?
Kiva might allow mileage earning.
Nekamah7 is offline   Reply With Quote


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