3 year amortization on all Prosper loans

Sign up, and you'll be able to ignore users whose posts you don't want to see. Sign up

Report problem with this ad

Jan 29, 2015
5:05:27pm

jkccoug

3 year amortization on all Prosper loans

last I knew.

Report problem with this ad

jkccoug

New username: Socrates Johnson
Bio page: jkccoug
Joined: Jul 19, 2002
Last login: Oct 13, 2021
Total posts: 0 (0 FO)

Report problem with this ad

Messages

Author

Time

Peer to Peer lending. Looks encouraging but how liquid is it?

buckeyeod

1/29/15 5:00pm

FolioFn is used to trade Prosper notes, so you yes, you can liquidate fairly

supertux

1/29/15 5:02pm

I'm not sure if it is the same at Prosper, but at LendingClub, if you have an

supertux

1/29/15 5:02pm

I loaned a friend from YM days $1300 bucks last year, he only owes $200 more.

1/29/15 5:04pm

it's much worse if you know the person and they stiff you.

Cougarclaw

1/29/15 5:17pm

3 year amortization on all Prosper loans

jkccoug

1/29/15 5:05pm

But I wasn't aware of the loan sale option set forth above.

jkccoug

1/29/15 5:06pm

I'm at a 9% annual return after 18 months or so.

mulletino

1/29/15 5:11pm

If I were doing it I would just set aside a portion of my overall portfolio

jkccoug

1/29/15 5:12pm

I did my own little test back in 2007. I put $2,000 into about 30 different

BYU-Ite

1/29/15 5:25pm

Lending Club has been solid for me. But I'd never put more than a small %

mulletino

1/29/15 5:27pm

LC has been good to me, too.

ebv

1/29/15 6:14pm

Too many of the loans went bad and weren't paid back

BYU-Ite

2/4/15 9:24pm

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad