Those of you who have been following the site for a long time will remember that I used to be a member of (and cheerleader for) the peer-to-peer (p2p) lending service Prosper. A little while ago, Prosper voluntarily halted its operation while it seeks to become registered with the SEC. I never got around to […]
Get Paid for Turning Your Friends Into Loan Sharks (or Debtors)
Ok, I’m just kidding about the loan shark thing. Most of you have surely heard of Prosper before, but in case you haven’t, here’s the quick rundown: Prosper is peer-to-peer lending, often called “the eBay for loans.” You can go on there as a borrower and apply for a loan, and lenders will bid on interest […]