About Prosper:
Prosper is an online community where people come together for person-to-person lending and borrowing money. Borrowing money through Prosper is fast and easy, and because other people can compete for your loan, the rates may be lower than you’d expect!

About Prosper loans:
All Prosper loans are unsecured 3-year fully amortized loans. The interest rate is fixed for the life of the loan and does not change in the event of late payment or for any other reason. Fixed monthly payments may be automatically deducted from the borrowers bank account. Borrowers may prepay any portion of the loan without penalty.

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This entry was posted on Sunday, March 9th, 2008 at 12:02 am and is filed under Prosper.Com. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.