Prosper Update (Briefly)
I put in $100.00 just a few months ago and right now, it’s worth $102.33 as of the end of February. As of this weekend, it’s worth $103.00 because there are payments posted since the 1st of the March.
It’s still fun and appealing to do this, but I’m staying focused on my credit cards. No point in putting more into Prosper while I have other debts to pay.
My cash balance on Prosper is approximately $7.00. I figure rather than adding anything more, once I have enough money to make another minimum $50.00 bid, I will do that instead. Hopefully by then, I’ll be in a good position to kick in more money for long term saving.
philskaren wrote:
My husband and I want to try Prosper, but I don’t like that you have to wait 3 years to find out if the borrowers are going to completely pay up. I guess I don’t want to jump into the risk for such a long wait. We will see. But I will continue to follow your updates on your prosper success.
Posted on 21-Mar-07 at 12:16 pm | Permalink