Prosper Loans?

Has anyone every heard of Prosper Loans? They are a people to people loan with a much higher interest rate, the max is a 3-year loan. I have tried loans from other sources and been unsuccessful. I thinking about applying for a Prosper Loan and make settlement offers to my 3-high balance credit card before I have to go to court on these. I have been making payments but I never see the balance go down but instead go up. At times, I cannot even make the minimum payment due pay. I would be committed to paying back this loan in 3-year and be free of these hanging over my head. It may be more each month but I am willing to do so. I do not use credit cards any more. My new thing is if I don%26#039;t have cash to pay for something I want, then I don%26#039;t buy it. I had to learn my lesson about credit card debt by myself and if I knew then what I know now I would have never gotten any type of credit card. I have never been late on my mortgage or equity. I welcome any thoughts on this idea.

Prosper Loans?

There was a story in the Washington post regarding prosper.

It was indeed quite favorable. As the poster above stated. The loans that have the best chance of being funded are ones with a clear plan regarding repayment and a sound explanation of why the money is needed.

I would definitely try it, what do you as a person seeking a loan, have to lose?

Since you have never been late on your home loan, any chance that you can apply for another loan with your bank for consolidation.

Prosper Loans?

I have heard of prosper not sure about the results tho but you have to have at least a 520 credit score or you can%26#039;t join.

Prosper Loans?

i have lent on prosper a few time and know a little about the subjuct, just make sure you make your payments and explain why you need the loan throughily and how you can pay that increases your odds of getting funded

Prosper Loans?

I am using lending club and I love it. It has a lower interest rate.

Prosper Loans?

Prosper is all about peer to peer. Fortunately, the internet has opened up a host of opportunities to obtain such loans. There are websites that specialize in just that. Furthermore, there are traditional lenders that offer an online application pathway%26lt;!--provides you with provisional acceptance depending upon your ability to prove your statements to the lender. This streamlines the lending process and gets rid of a lot of borrowing anxiety. If you meet specified criteria and can prove that you do, then you will definitely get the loan.

http://best-loans.awardspace.com/

How to get a particular loan should only be one aspect of your research, the other (even more important) things you need to take into account are the terms and conditions of the loan, your ability to make the monthly--%26gt;payments and whether or not you will need to put up real estate as security.Once you have taken the time to ask yourself some searching questions and also get some reliable answers from lenders, you will be in a much better position to choose a loan.