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Prosper.com allows average joes to seek loans not from big banks, but from other regular, hardworking people who are looking to earn a bit of interest.

You can usually get a lower rate than the bank, and you're paying interest to real people, not a faceless corporation.The following business loan was listed on Prosper, and you can see the rate the loan seeker is getting.Purpose of Loan: Paying off high interest credit card.

With 2 days left to bid on a $10,000.00 business loan, the loan has a 19.05% yearly rate of return.

Borrowing $5000 at 19.05% would give you monthly payments of $183.41.

The loan is already 33% funded, with 2 days left until bidding closes.

If you're interested in earning a 19.05% return on your investment, or is you want to find a loan at a good interest rate, Click Here.

This entry was posted on Friday, October 3rd, 2008 at 9:21 pm and is filed under Business Loan, Excellent Credit Score, Large Loan. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.


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