Monday, November 13, 2006

What the heck, Prosper

OK, so I put up my first bid on a loan recommended by Tired But Happy, but unfortunately it didn't get enough interest and wasn't funded. So I thought I'd do something else with the $50 since it was already in there, and bid on this loan. Well, now I got an email saying I have been "partially outbid" - apparently all but $2.65 of my bid was put back in my account. I tried to rebid, but I only have $47.35 left in my account which isn't enough for a whole bid. I hope that my $2.65 gets outbid too, or I will be receiving 9.7 cents a month from this guy.

EDIT: OK, the whole thing is outbid now, so I rebid. Let's hope that doesn't happen again.


Anonymous said...

I saw a new site out called't think you will get outbid there. But, no bidding...I signed up a few days ago.

Anonymous said...

I wouldn't touch Prosper with a 10 foot pole. There is a reason these people cannot get regular loans - they don't pay their bills. If you lose your money you have no one to blame but yourself.

Joe W