Prosper Loan...

[fishbjc]

Just received notification that I'm 100% funded & the interest rate was bid down to 15.25%.  Quite a bit lower than those friendly folk at HSBC gave me.  Now they can kiss my grits.

Can you die from breathing melting plastic fumes? 

[TryingVeryHard]

Congratulations!

I want to do the same thing, but I am afraid that my rank of "D" will get me nowhere. I placed a listing but withdrew it after a while.

[fishbjc]

Why not start with a $1,000 loan & bump up your interest percentage a bit.  Write a compelling note on why you should get this loan.

Pay the loan off in 6 payments & try again for a larger loan. 

[TryingVeryHard]

Yeah, I am intending to do that. But, will i get Hard Inquiry everytime? You know i tried to look around and have seen ZOPA. Zopa declined me. Grrr!

[Anonymous]

Congrats!!  what report do they pull for inquiry

[TryingVeryHard]

I think its experian

[fishbjc]

It's a soft inquiry.

[TryingVeryHard]

I have this on [Deleted] I believe its for informational purpose.

The amount of credit provided to you or on your behalf $970.00
The amount you will have paid after you have made all payments as scheduled: $1,142.82

I just posted it and dont know if I will get it. But here is my question, if I want to pay the loan early, do I still have to make the "$31.75 monthly payment?" x 36 months or will I get savings too if I pay earlier, lets say if I pay it in 6 months?

Thanks.

TryingVeryHard the myFICO admin have found the posting of actual loans and lenders on Prosper to be inapproriate.
I have edited your post.

Let's keep the discussions about prosper to scoring and reporting.

Thank you-

Timothy    

Message Edited by Timothy on 01-23-2008 12:16 PM

[fused]

Keep in mind that Prosper pulls Vantage scores and not FICOs.

[TryingVeryHard]

Something I need to research anew. But first I need to figure out why I keep getting this error when clicking the REPLY button on this site:

Firefox has detected that the server is redirecting the request for this address in a way that will never complete.