Prosper

Welcome to p2p Capital. Some of you may have come here for the blog, while others are here to learn and discuss more about Prosper. p2p Capital currently maintains a group on Prosper that can be described as such:

Profile: p2p Capital Group enables borrowers and lenders to leverage a community of users to obtain mutually beneficial loans.

Objective: Match the needs of borrowers and lenders in a community like environment, while advising both the lenders and borrowers of how best to use Prosper to fulfill your needs.

For Borrowers: Whether you are here for debt consolidation, financing a new venture, real estate down payments, p2p Capital Group’s user base allows you to acquire funding at low interest rates from individuals who are seeking mutually beneficial relationships. In addition to the access of our user base, p2p Capital Group will assist you throughout the listing process to ensure you receive the best rates and have your loan request filled.

For Lenders: As you have already noticed, Prosper allows you to help change borrowers lives, diversify your investments, and network with indiviuals holding similar interests. Being a p2p Capital Group member, you will receive a monthly newsletter detailing trends within the p2p lending industry, member profiles, and tips to ensure you are successful on Prosper.

As Group Leader I will provide the following services:
1. Verification of borrowers and info contained within the listing.
2. Help borrowers compose a loan that is within their means to repay.
3. Proofread and approve listings.
4. Document verification and vetting upon request.
5. To bid on and promote borrowers approved listings.

Why Prosper?
The Journal of Finance found that in the three years after a merger, competition for loans typically declines. Interest rates the bank charges customers for loans rise significantly and borrowers get smaller loans.

University of California-Los Angeles Prof. Mark J. Garmaise and University of Chicago Prof. Tobias J. Moskowitz say, “Bank mergers may reduce competition in an area. When there is less competition, loan rates tend to be higher.”

Source: Marketwatch.com