Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- proper noun A male
given name
Etymologies
Sorry, no etymologies found.
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Examples
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I have approximately $1500 tied up in Prosper as an experiment at a rate of about 13.5%.
Amateur Bank Lending, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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I have over $100,000 invested in Prosper, and was at one time one of their thirty largest lenders and very enthusiastic about the company.
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As many members will tell you, Prosper is a good idea gone sad. —
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The issue with Prosper is that the incentives of the servicer (desire to gain protection against fraudulent borrowers) are not always in line with the incentives of the servicer (maximize loan $ volume), and contrary to bank lenders, the prosper lender has little buying power with which to negotiate. — tony
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Prosper is explicit with lenders about this risk, and it advises people to get around it by diversifying.
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Lending money on Prosper is no different from lending money in real life -- it's possible, and some might say likely, that some people aren't who they say they are, and that they won't pay you back.
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If you have $5,000 to invest in Prosper, the site encourages you to spread your money among many people.
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Prosper is horrible at screening bad borrowers and Zopa’s model of CDOs at 5% simply did not work from the beginning.
Is Peer-to-Peer Lending Working for You? - Bits Blog - NYTimes.com 2008
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I’ve been using Prosper for two years and while I don’t have a large amount tied up in Prosper, I haven’t had the problems of others on this board.
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With shades of The Tempest in its storm-tossed opening and a central character called Prosper a homeless man in search of himself and his lost history, A Few Man Fridays is a fiction – but one that's very much based on documentary evidence and interviews, as it reveals a grubby story of secrecy, deceit, colonial attitudes and collusion.
Stolen island: the shameful story of Diego Garcia hits the stage 2012
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