Comments on: 11 Reasons my Prosper Experiment is on Hold: Withdrawing Cash

By: Michael Sean

Michael Sean — Tue, 02 Dec 2008 00:24:46 +0000

I was at the point of thinking that I finally had a handle on spotting “good” Prosper borrowers, and was maybe a week away from putting real money in when the Quiet Period suddenly started. As a result I went back to the Options market have no plans to put more money into Prosper. I will transfer my money out as it becomes available. Thank you Quiet Period.

By: Prosper Closes Referral Bonus Program | Personal Loan Portfolio

Prosper Closes Referral Bonus Program | Personal Loan Portfolio — Wed, 22 Oct 2008 04:04:06 +0000

[...] Update: I had forgotten that Prosper referral program had been announced as over in July. I had forgotten because they still very recently paid out a referral bonus to me, so I am not certain if the July announcement had ever been enforced. I am wondering if they had wanted to end the referral program due to the numerous P2P lending websites like mine that started out blogging about Prosper to earn a few referral bonuses only to later post negative information about Prosper. [...]

By: Prosper Fee Changes: Bad for Lenders and Collections? | Personal Loan Portfolio

Mon, 29 Sep 2008 13:42:58 +0000

[...] See why I quit lending with Prosper. [...]

By: Personal Loan Portfolio

Personal Loan Portfolio — Thu, 21 Aug 2008 23:38:48 +0000

Thanks Bama — Fixed it. Typing late at night…

Tom, yes, they are all still current, but looking at most of the other portfolios, that seems either like luck or only temporary. I’d like to credit it to superior skill, but really that is probably not the case.

By: Tom

Tom — Thu, 21 Aug 2008 20:07:21 +0000

At least all your Prosper loans are current. Of course the average age is only 210 days but so far it’s all good. Hopefully they will stay that way.

By: bamalucky

bamalucky — Thu, 21 Aug 2008 17:48:57 +0000

I grew board of searching for decent loans.(bored)