Prosper is an online community where people come together to lend money or find a loan.
Bidding on borrowers' loans, lenders get great returns by offering great rates. And that means everybody does better.
People familiar with online auctions will find Prosper just as intuitive.
Instead of listing and bidding on items, people list and bid on loans using Prosper's online auction platform.
A friend told me about prosper.com. It was amazing. I posted the loan, and almost as soon as I posted my listing I had 8 bids. I am so grateful for Prosper and for all of my lenders! - Lara M.