Have you ever needed money to payoff high-interest debt, and wished you could really show the lenders exactly how good of a credit risk you really are? At Prosper.com, regular people with a bit of extra money can bid on your loan, and you can do just that. Show them pictures of your kids, explain why you have a few bad marks on your credit report. These lenders actually care, and they actually listen. You’re not just another entry in their database.
The home improvement loan below can be found at Prosper.
Home Improvement Loan - Buying Appliances and Furniture
With 3 days left to bid on a $5,000.00 home improvement loan, the loan has a 14.00% yearly rate of return.
At this rate, a $5000 loan would have monthly payments of only $170.89 for three years.
The loan seeker has a credit grade of C and a debt-to-income ratio of 9%.
The entire loan has now been funded, so each new bid will drop the rate further!
If you’d like to help fund a portion of this loan, or if you’d like to get a loan of your own, Click Here.
