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Total Members Voted: 160
"Prosper LIES and Portfolios DIED" ... just remember that phrase before putting one penny into them. They lied about returnsThey lied about defaultsThey lied about income-verificationThey lied about collectionsThe only lie they didn't tell was the fees they charge upon generating the loan and their cut after each payment.
This guy caught my eye, I don't think he'll ever learn.http://www.ericscc.com/lenders/hopethisworks
Quote from: divindj on April 28, 2009, 08:21:13 am"Prosper LIES and Portfolios DIED" ... just remember that phrase before putting one penny into them. They lied about returnsThey lied about defaultsThey lied about income-verificationThey lied about collectionsThe only lie they didn't tell was the fees they charge upon generating the loan and their cut after each payment.I see Prosper is still making bogus comparisons on its home page between potential Prosper returns and stock market returns.
Looks too shady and scammy for me now...In fact, if it looked like it does now 3 years ago, I would have run for the hills and never gotten involved. I was somehow reassured by the bumbling presence it had when it started up.
prosper has some very talented people with great ideas but I dont think they take their lenders serious enough.
Quote from: 112233 on April 28, 2009, 09:24:33 pmprosper has some very talented people with great ideas but I dont think they take their lenders serious enough. Talented maybe. So was Al Capone. And Bernie Madoff. etc.These guys have approximately the identical code of ethics. And I think they are a really piss-poor advertisement for Stanford. (And Virginia, or wherever "dr." Fuller is from.)
Quote from: Chamatrain on April 28, 2009, 10:36:03 pmQuote from: 112233 on April 28, 2009, 09:24:33 pmprosper has some very talented people with great ideas but I dont think they take their lenders serious enough. Talented maybe. So was Al Capone. And Bernie Madoff. etc.These guys have approximately the identical code of ethics. And I think they are a really piss-poor advertisement for Stanford. (And Virginia, or wherever "dr." Fuller is from.)I have the technical and graphic artist people in mind like Andrew.