Prosper.com: Cloud Lending with 7% Return Rate

Discussion in 'Trading' started by HeSaidSheSaid, Jan 9, 2016.

  1. Do these lending clubs offer an option to just invest a small portion into every loan request, say all C's or B's, thereby diversifying to like 100 or 200 ppl easily? Or does every loan have to have only 1 counterparty.

    I think P2P lending is pretty revolutionary and empowering to the middle and lower classes. I'm sure the banks aren't happy with this.
     
    #11     Jan 11, 2016
  2. achilles28

    achilles28

    AWESOME!!!!!!!!!!!!!!!!!

    This is the free market in action baby
     
    #12     Jan 12, 2016
    Hooter likes this.