View Single Post
  #13 (permalink)  
Old 09-17-2006, 04:52 PM
mbhunter mbhunter is offline
$ Saving HS Freshman
 
Join Date: May 2004
Location: Virginia
Posts: 106
Points: 990.00
Donate
Default Re: $2000 . . . savings or other ideas?

Quote:
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 ...
I haven't really done much lending (only $100) but just enough to get my feet wet.
Reply With Quote