Augusta
VIP Contributor
Presently, one can make good money through peer-to-peer (P2P) lending . This is like a personal loan transaction made between a lender and a borrower.
You can facilitate lending through prosper.com. This ia third-party intermediary site where you can lend your money to borrowers on the site to get interest in return
As a lender on the site , you earn income with the interest payments made on your borrowed money. But the loan here is unsecured, so you would need to cut down the risk of losing your money.
So At Prosper.com, the minimum investment per loan is $25. So lenders here are expected to invest smaller amounts to avoid huge loss.
Secondly, the site helps to analyze historical data on potential borrowers to reached an informed selection.
You can facilitate lending through prosper.com. This ia third-party intermediary site where you can lend your money to borrowers on the site to get interest in return
As a lender on the site , you earn income with the interest payments made on your borrowed money. But the loan here is unsecured, so you would need to cut down the risk of losing your money.
So At Prosper.com, the minimum investment per loan is $25. So lenders here are expected to invest smaller amounts to avoid huge loss.
Secondly, the site helps to analyze historical data on potential borrowers to reached an informed selection.
