/biz/ - Business & Finance

peer to peer lenders will inherit the earth. FUD from last thread failed miserably

Invest in peer to peer lending in these trying times.

Does anyone invest in peer to peer lending? I’m starting a prosper account and I’m going to experience the with it. I’ll start out with $100 and add $25 bi-weekly. The app I’m using allows micro-investments of atleast $25 per loan. I’m going to stick with that number and spread my money across as many loans as possible. The app allows you to see the borrowers prosper rating, credit score, delinquency history, current delinquencies, bank card utilization, and credit balance. Prosper will rate the loan between AA and HR(high risk). Obviously the riskier the loan the higher the interest rate. Has anyone here invested in p2p before?