May

28

Prosper: My First Loss

May 28, 2008 |

As it happens, no investment is for sure.  Out of the 127 active loans I have on Prosper, 1 of them decided to go to bankrupcy court - which means is probably lost.

The listing reads like this:  Listing 21399 - Police Officer Consolidates Medical Debt! “A” Credit No DQs!

A single proof that my method of credit grade AA, A, B and no delinquencies or public records is not infallible. 

So far I have earned $330 in prosper interest, lost $88 in uncollectable loans. 

Still early to tell if it is a good investment.


Comments

2 Comments so far

  1. Nellie Hawkins on May 28, 2008 6:24 am

    Hello. My name is Nellie. I like your blog and I wonder if you could write a post (review) about my credit card site and place it on your blog (around 150 words, 1-2 anchor). Is it possible? What is your lowest final price?
    If not, tell me what kind of links you can offer. Non- site-wide links please. NellieHawkins55@gmail.com

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