Trying borrowing side of Prosper - risk free loan@great rate

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Listing Information
Amount: $5,000.00 Status: Loan created
Grade: A DTI: 2%
Lender Rate: 9% Borrower: jch403
Time Left: Finished State: NY
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Paid Origination Date: 2007-04-11 EricsCC ROI: 9%
Status History
Apr 11, 2007 Current
Jan 10, 2008 Payoff in progress
Jan 15, 2008 Paid
I have been an active lender at Prosper for quite some time and have been very satisfied with returns.

I love the concept of Prosper and I would like to learn more about the borrowing side. I plan to invest the proceeds of this loan back into Prosper. I am relisting this loan with a higher starting rate.

You should view my loan as an investment opportunity with essentially zero risk and much higher returns than savings accounts or CDs.  Paying back this loan won't be a problem for me. I earned more than $150K last year and I am currently managing an investment portfolio worth more than $50K (mostly liquid stocks. this excludes my 401K account). I have another $20K sitting in my checking account.

If you have any questions, feel free to contact me. Thanks,
Borrower's Other Listings
116242 Trying borrowing side of Prosper A $5,000 @ 8% Mar 27, 2007 Withdrawn
273925 paying for evening classes and an engagement ring A $9,000 @ 10% Aug 29, 2008 Withdrawn
392724 paying for evening classes and an engagement ring A $5,000 @ 9% Sep 04, 2008 Loan created

 

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