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Author Topic: new to this site...  (Read 6201 times)

rehabber27540

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new to this site...
« on: February 06, 2011, 11:43:49 am »

I have had a prosper lender account since May 2006. Although my net performance on prosper did not meet my expectations, I harbor no ill will at prosper or other P2P sites.

The section in my prosper profile under Why am I here? (unchanged since 2006) is now dated, but I still like the P2P concept. It's the unsecured part of the lending experience that I think is the achilles heel. At the time I joined, I'm not sure there was an easy way to change to a secured lending model, but I started lending anyway. I knew the risks of unsecured lending going in. And I'm not really surprised at the poor results/returns of the collective members.

Anyway... other than prosper, the vast majority of my lending and borrowing is secured. Seems like the way to go for me... and a secured P2P lending site could possibly be a good solution to help part of the US housing problem.
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pioneer11

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Re: new to this site...
« Reply #1 on: February 06, 2011, 11:55:30 am »

Howdy podner and welcome.
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Why should I save a dog for $19 per month when I can save a child for $10 per month?

God-Father

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Re: new to this site...
« Reply #2 on: February 06, 2011, 05:47:28 pm »

Welcome
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TJGbank

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Re: new to this site...
« Reply #3 on: February 06, 2011, 05:51:47 pm »

 h
« Last Edit: March 09, 2012, 08:43:20 pm by TJGbank »
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Dot org was once a great place for discussion, conversion, and stock tips.  Now it's a wasteland of IRA01 calling people morans, cunts, and more while members stand around watching it happen and they don't give a shit.  Congrats white toast observers.  I have better ways of spending my time.  My Parthian shot, Nice Tie!
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