Loans with low interest rates are very hard to find these days At Prosper.com, people from all over bid on a portion of your loan, lowering the interest rate and helping you get the money you need.
The following debt consolidation was listed on Prosper, and you can see the rate the loan seeker is getting.Purpose of Loan: prosper loan 2. paying off cashcall
With 1 day left to bid on a $2,500.00 debt consolidation, the loan has a 35.00% yearly rate of return.
Borrowing $5000 at 35.00% would give you monthly payments of $226.18.
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The person seeking the loan has a credit grade of E and a debt-to-income ratio of 18%.
The loan is already 24% funded, with 1 day left until bidding closes.
