Prosper Webinars Present - Lending: Discussions of Diversification and Strategy


How to join the Prosper online seminar:

•To join the seminar, you will need a telephone and a computer.
For audio (phone) access, dial
1-888-296-6500 (toll free)
Guest code: 542703

•For visual (online) access, go to:
Session key: 1234

Please join Prosper for a presentation for registered lenders focusing on lending and investing on Prosper.  Learn more about lending strategies, diversification techniques, and account management, as well as how the bidding process works on Prosper. 

There is no charge for this event to approved, registered Prosper lenders.

About Prosper

Prosper is America9s first people-to-people lending marketplace,  created to make consumer lending more financially and socially rewarding for everyone.

The way Prosper works is intuitive to people who have used eBay. Instead of listing and bidding on items, people list and bid on loans using Prosper9s online auction platform.

People who want to lend set the minimum interest rate they are willing to earn and bid in increments of $50 to $25,000 on loan listings they select. People who lend can easily diversify using "standing orders", which automatically make many small loans to different borrowers.

In addition to criteria commonly used by institutional lenders, such as credit scores, people who lend can consider borrowers9 group affiliations. Groups on Prosper are critical to bringing people together for the common goal of borrowing at better rates. Groups earn reputations according to their members9 repayment records. Groups with successful repayment histories should attract more lenders offering lower rates.

Borrowers create loan listings for up to $25,000 and set the maximum rate they are willing to pay a lender. Then the auction begins as people who lend bid down the interest rate. Once the auction ends, Prosper takes the bids with the lowest rates and combines them into one simple loan. Prosper handles all on-going loan administration tasks including loan repayment and collections on behalf of the matched borrower and lenders.

Prosper9s rigid privacy policy reflects co-founder and Chief Executive Officer Chris Larsen’s longstanding history as an advocate of stringent consumer financial privacy protection laws and practices. Prosper does not sell, rent, or share members9 personal information with third party marketers. Prosper members are in control of how much personal information—if any—is revealed on the website and with other members. Prosper9s security and identity verification systems are state of the art, and consistent with those used by banks, brokerages and institutional creditors.

Name Sales End Price
Webinar Registration Ended Free

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