2006-10-21

Prosper: P2P Loan Agency/Network

http://www.prosper.com/

"The online marketplace for people-to-people lending"

Very interesting. I kind of like the idea - it's somewhat like the stock market (well, more like the bond market), only with real, genuine, honest-to-goodness people. My only concern is over Prosperity's trustworthyness in terms of their fees and their criteria for borrowers. It looks like a good system, though; I may just try it as a lender to see how it goes. Or maybe I'll take out a loan to fix up my ailing PC.
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