Comments on: Peer to Peer Lending at Prosper.com, Is it Worth the Risk? http://milkyourmoney.com/2008/03/04/peer-to-peer-lending-at-prospercom-is-it-worth-the-risk/ Got Money? Milk the most from it... Fri, 11 May 2012 17:36:29 -0400 http://wordpress.org/?v=2.8.6 hourly 1 By: Frank http://milkyourmoney.com/2008/03/04/peer-to-peer-lending-at-prospercom-is-it-worth-the-risk/comment-page-1/#comment-1337 Frank Tue, 02 Dec 2008 20:42:04 +0000 http://milkyourmoney.com/2008/03/04/peer-to-peer-lending-at-prospercom-is-it-worth-the-risk/#comment-1337 Judy - I'm sorry to hear about your troubles. Currently, there are multiple efforts coming from both the Federal and even some State Governments as well as from financial institutions to stave foreclosures. I would recommend: 1) Visit http://www.hopenow.com/ Don't be afraid of this site because it stems from the Federal Government. They are available to help you figure something out. Nobody wants the foreclosure, it's not good for any parties involved. 2) Call your mortgage company and simply explain your situation and see if something can be worked out. Come up with a figure that you CAN afford each month and they may be able to adjust your interest rate accordingly. Judy – I’m sorry to hear about your troubles. Currently, there are multiple efforts coming from both the Federal and even some State Governments as well as from financial institutions to stave foreclosures. I would recommend:

1) Visit http://www.hopenow.com/ Don’t be afraid of this site because it stems from the Federal Government. They are available to help you figure something out. Nobody wants the foreclosure, it’s not good for any parties involved.

2) Call your mortgage company and simply explain your situation and see if something can be worked out. Come up with a figure that you CAN afford each month and they may be able to adjust your interest rate accordingly.

]]> By: judy pierce http://milkyourmoney.com/2008/03/04/peer-to-peer-lending-at-prospercom-is-it-worth-the-risk/comment-page-1/#comment-1336 judy pierce Tue, 02 Dec 2008 20:22:39 +0000 http://milkyourmoney.com/2008/03/04/peer-to-peer-lending-at-prospercom-is-it-worth-the-risk/#comment-1336 We are people in trouble we filed bankruptcy 1 year ago to save our house. It was a bad choice. Our interest rate is 14.125%. So needless to say we are in trouble. W need a loan for 130,000.00 to stop foreclousre. My husband has been working at his job for 25 years. We have the means to pay the loan. Can someone help us? We are people in trouble we filed bankruptcy 1 year ago to save our house. It was a bad choice. Our interest rate is 14.125%. So needless to say we are in trouble. W need a loan for 130,000.00 to stop foreclousre. My husband has been working at his job for 25 years. We have the means to pay the loan. Can someone help us?

]]> By: Eric http://milkyourmoney.com/2008/03/04/peer-to-peer-lending-at-prospercom-is-it-worth-the-risk/comment-page-1/#comment-381 Eric Sat, 26 Apr 2008 14:42:29 +0000 http://milkyourmoney.com/2008/03/04/peer-to-peer-lending-at-prospercom-is-it-worth-the-risk/#comment-381 I would say there is an advantage to all parties - except banks. The lenders are getting above market interest rates on their money. Borrows are getting loans that they might not have been able to get before at rates that can be reasonable. I would say there is an advantage to all parties – except banks. The lenders are getting above market interest rates on their money. Borrows are getting loans that they might not have been able to get before at rates that can be reasonable.

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