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Old 04-18-2007, 06:30 PM
livinitup0 livinitup0 is offline
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Join Date: Dec 2004
Location: Go ahead....run
Posts: 1,698
Default Re: Being a Lender @ prosper.com

People have A tier credit for a reason. Id say 75% of the A-tier credit loans get paid back with no problems. Probably more than than.
Many people with great credit cant get conventional loans...small buisnesses come to mind.

BTW you can still file it on your taxes if they dont pay, as a loss....I dont have specifics on this though.
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