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Poll

Will you lend again via Prosper knowing what you know now?

Yes
- 22 (13.5%)
Maybe
- 26 (16%)
No
- 115 (70.6%)

Total Members Voted: 160


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Author Topic: Will you lend again via Prosper?  (Read 34132 times)

bluestar148

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Will you lend again via Prosper?
« on: April 07, 2009, 09:24:33 pm »
Come on now time to 'fess up!
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PPT

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Re: Will you lend again via Prosper?
« Reply #1 on: April 07, 2009, 09:26:37 pm »
No.  I didn't lend the last time because of what I knew then.
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hanumanhojo

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Re: Will you lend again via Prosper?
« Reply #2 on: April 07, 2009, 09:33:35 pm »
No.  Given the tanking of the stock market, I've generated some capital losses that exceed the $3K a year limit.  With Prosper interest income, I end up paying top marginal interest on my loan income but my losses get queued up due to a $3k limit. 

A very bad deal all round because I can't deduct my losses to offset my interest income.
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Nora_Lenderbee

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Re: Will you lend again via Prosper?
« Reply #3 on: April 07, 2009, 10:08:44 pm »
"Are you kidding me" wasn't an option.
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onthefence

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Re: Will you lend again via Prosper?
« Reply #4 on: April 08, 2009, 01:03:18 am »
Given the state of the current prospectus (Prosper owns the Note), it is not even worth considering until Prosper comes to a point where they are financially stable.  As far as I am concerned, Lending Club is in the same boat.
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ira01

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Re: Will you lend again via Prosper?
« Reply #5 on: April 08, 2009, 01:50:36 am »
Quote from: onthefence on April 08, 2009, 01:03:18 am
Given the state of the current prospectus (Prosper owns the Note), it is not even worth considering until Prosper comes to a point where they are financially stable.  As far as I am concerned, Lending Club is in the same boat.

+1.
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bankomatic

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Re: Will you lend again via Prosper?
« Reply #6 on: April 08, 2009, 11:21:38 am »
I said may be because I would lend again if they made certain changes.
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zcommodore

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Re: Will you lend again via Prosper?
« Reply #7 on: April 08, 2009, 12:13:20 pm »
I said Maybe because I don't like to completely burn bridges.  However, the odds are about 95% against ever lending again right now.
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brianguy

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Re: Will you lend again via Prosper?
« Reply #8 on: April 08, 2009, 12:16:00 pm »
invalid poll - no WGAF   ;D

I might throw one snickers in - only if it was a particularly special loan.  like I knew the guy and vetted them myself or something.
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yankeefan

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Re: Will you lend again via Prosper?
« Reply #9 on: April 08, 2009, 12:20:21 pm »
No-  although most of the loans have been and are being paid, most certainly including those to several folks here, the combination of my gullibility lack ability to analyze credit risk and Prosper's weak collections ability (and the economy...) will keep me from doing more.   
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Chamatrain

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Re: Will you lend again via Prosper?
« Reply #10 on: April 08, 2009, 12:29:54 pm »
I think the OP has not read much in these forums.  If s/he had, they'd have put in a stipulation that the company had to be operated in a legal, business-like manner.  I don't think we've seen any indication of that in the two years I've been reading.
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mitchandre

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Re: Will you lend again via Prosper?
« Reply #11 on: April 08, 2009, 01:02:23 pm »
Yes, I would.
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Beerbud1

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Re: Will you lend again via Prosper?
« Reply #12 on: April 08, 2009, 01:21:08 pm »
No.
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czach

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Re: Will you lend again via Prosper?
« Reply #13 on: April 08, 2009, 01:53:35 pm »
Yeah, because Prosper has been one of the greatest learning experiences ever. For a couple of bucks I got to peer inside the dark heart of the human soul.

I....see....dead...beats...!!!

CZ
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Urbi_et_Orbi

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Re: Will you lend again via Prosper?
« Reply #14 on: April 08, 2009, 06:57:34 pm »
Quote from: cz on April 08, 2009, 01:53:35 pm
I....see....dead...beats...!!! They're everywhere
CZ

completed the quote
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Mothandrust: "Why's he off the ballot in Colorado but it's OK for the other 48 states and Hawaii to vote for him"
https://www.prospers.org/forum/index.php?topic=37264.msg807090#msg807090
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