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Search: Posts Made By: yotano211
Forum: General Money Chat 02-13-2017
Replies: 13
Views: 1,594
Posted By yotano211
Re: Peer to Peer Lending Anyone?

Not all debt is bad, if debt used in the correct way it can be good. But most people dont use it correctly.
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Forum: General Money Chat 02-13-2017
Replies: 13
Views: 1,594
Posted By yotano211
Re: Peer to Peer Lending Anyone?

They charge people a certain amount based on credit score and they charge investors 1-1.5% to "manage" the money. Crazy high management fees.
Forum: General Money Chat 02-12-2017
Replies: 13
Views: 1,594
Posted By yotano211
Re: Peer to Peer Lending Anyone?

I used Prosper last year, same with JamesNorth101, returns was about 5% after loan loses and their high fees. Wasnt worth it to return to it. I can get better yields with high paying stock dividends.
Forum: General Money Chat 02-12-2017
Replies: 13
Views: 1,594
Posted By yotano211
Re: Peer to Peer Lending Anyone?

Used in what way, to lend money out for used them to get a loan.
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