I keep finding people who ask about Prosper.com. They want to know if it’s a good way to borrow money. I have also read articles from dumbasses recommending it as a way to make money by loaning money out on it. I don’t care what you hear, what you read or what you think.

Think about this one thing before playing on there.

If a bank won’t loan these people any money, why on earth would you?

Any schmuck with a day job and half ass credit can walk into any bank at this very moment and get a small personal loan at a decent interest rate, no problem. The fact that these people are not doing that should be a major red flag to you.

There’s nothing prosperous about Prosper.com in my opinion.

It’s a circle jerk of broke beggars, scam artists and irresponsible people preying upon greedy people who are hoping to make some easy money by loaning out money at insane interest rates.

-wealthstore.com