Comments on: Prosper Loans go to 36% Nationwide http://www.deepmarket.com/stock-market/prosper-loans-go-to-36-nationwide/ Think outside the Black Box Fri, 19 Mar 2010 09:35:59 -0400 http://wordpress.org/?v=2.8.1 hourly 1 By: RateLadder http://www.deepmarket.com/stock-market/prosper-loans-go-to-36-nationwide/comment-page-1/#comment-46079 RateLadder Tue, 15 Apr 2008 18:17:24 +0000 http://www.deepmarket.com/?p=1943#comment-46079 When you go through the listing process Prosper will suggest a rate that will have teh best chance of funding... Accept Prosper's suggestion. When you go through the listing process Prosper will suggest a rate that will have teh best chance of funding… Accept Prosper’s suggestion.

]]> By: Tom http://www.deepmarket.com/stock-market/prosper-loans-go-to-36-nationwide/comment-page-1/#comment-46078 Tom Tue, 15 Apr 2008 17:35:21 +0000 http://www.deepmarket.com/?p=1943#comment-46078 I think you have a solid chance of getting a loan now that rate caps have been eliminated. Especially since you have improved your credit grade from a C to a B. If you request a smaller loan you will get a better interest rate. If it is important that you get the full $25K I would set the rate at the max possible and let the market bid it down. Right now C grade loans are are going for 19.10% when the dollar amount is above $10K. At $25K the rates are going to be a bit higher than that. Let me know when you put your loan request up and I'll put in $50. I think you have a solid chance of getting a loan now that rate caps have been eliminated. Especially since you have improved your credit grade from a C to a B.

If you request a smaller loan you will get a better interest rate. If it is important that you get the full $25K I would set the rate at the max possible and let the market bid it down.

Right now C grade loans are are going for 19.10% when the dollar amount is above $10K. At $25K the rates are going to be a bit higher than that.

Let me know when you put your loan request up and I’ll put in $50.

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