Post details: Prosper: new way for investing?

06/29/06

Permalink 08:28:39 pm, Categories: Money, 51 words   English (US)

Prosper: new way for investing?

I attended a talk by these guys. This is a rather amazing service. It lets anyone be a money lender in a safe way (or a borrower). Set your own interest rates, diversify to many borrowers, etc. I predict this will be big and may even be a threat to banks.

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