There's a little over four days left with my loan listing at Prosper and it is currently 43% funded with 21 bids.
Here's something I've been thinking about today...
I did not join a group on Prosper mainly to keep my anonymity because of my blog. If you join a group at Prosper, the Group Leader is supposed to perform "vetting" on you to get to know you better. They can ask for paystubs, proof of home ownership, etc. The degree of vetting involved depends on the group you join and your group leader. I think that's a great idea to have something like this to help prevent fraud within the Prosper community.
Since I am not in a group, I figured I would receive at least a few emails from Lenders asking a few more questions. But it appears that my blog is answering most of the questions that Lenders may have? Or is it that my credit score is an "A"?
Looking further into it, the highest amount someone has bid so far is $175.00. I have seen some Lenders bid over $2,000 on a single loan. Is that because there is doubt as to who I am and what I claim to be doing? Or is it because I am asking for only 12%?
So many questions. For an analytical person like me - this is fascinating :)
Index of My Borrowing Experience with Prosper