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Porsche-O-Phile Porsche-O-Phile is offline
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Join Date: Feb 2004
Location: A Rock Surrounded by a Whole lot of Water
Posts: 34,187
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Peer-to-peer lending

Anyone else do this? I've used Prosper.com in the past to reasonably good success (lent out a bunch of money and made a tidy little return on it) but lately I've noticed their site has barred members from allowing people to underwrite (fund) new loans - some government thing apparently.

Are there any other sites people are using for P2P lending right now? I'm considering getting a small personal loan to help bridge my current unemployment and it'll be a lot easier than going through a bank. Heck, I might just fund some too.

I'm surprised more attention hasn't been paid to these sorts of arrangements as alternatives to conventional banking, especially given how screwed up banks are these days...
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Old 02-28-2009, 06:58 PM
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