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Originally Posted by disneysteve
I agree. Though there also isn't much to gain from only lending $50. If you really want to make any money, you'd need to lend a few thousand dollars. Of course, you can reduce your risk by lending small amounts to multiple people.
I looked into prosper.com a couple of months ago after someone mentioned it on another thread but this is the first time I've seen someone who actually has served as a lender talk about it ...
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I haven't really done much lending (only $100) but just enough to get my feet wet.