DISQUS

DeepMarket Stock Market Analysis Blog: Prosper Loans go to 36% Nationwide

  • Tom · 1 year ago
    I think you have a solid chance of getting a loan now that rate caps have been eliminated. Especially since you have improved your credit grade from a C to a B.

    If you request a smaller loan you will get a better interest rate. If it is important that you get the full $25K I would set the rate at the max possible and let the market bid it down.

    Right now C grade loans are are going for 19.10% when the dollar amount is above $10K. At $25K the rates are going to be a bit higher than that.

    Let me know when you put your loan request up and I'll put in $50.
  • RateLadder · 1 year ago
    When you go through the listing process Prosper will suggest a rate that will have teh best chance of funding... Accept Prosper's suggestion.