mountaintosea
Full time employment: Posting here.
- Joined
- Aug 6, 2006
- Messages
- 564
Anybody try this new website. Heard this on NPR. The founder is hoping it becomes the next Ebay. Interesting concept. prosper.com
mountaintosea said:Anybody try this new website. Heard this on NPR. The founder is hoping it becomes the next Ebay. Interesting concept. prosper.com
Peaceful_Warrior said:I've been investing through prosper for a few months now, and so far am impressed overall with the system and the returns.
mountaintosea said:He said that they have the ability to collect like the credit card companies do. The tutorial is interesting also.
mountaintosea said:How much do you invest at a time? Have you received any payments yet?
CCdaCE said:Then, are the interest payments to the lender taxed as income?
Laurence said:Hey, what's up with everybody trying to sound like a good guy on this site? I get the borrrowers sucking up, but why is every lender trying to make it sound like they are there to help people and love humanity etc. Get real! You are there to make money on people with poor credit!
Laurence said:If this managed to crush those evil pay-day loan places, the owner goes straight to heaven just for that!
ERD50 said:What makes a pay-day loan place 'evil'? They offer a service, if you don't like the terms go somewhere else.
Now, if they *misrepresent* the terms - that is evil. It is also illegal, so lock 'em up for breaking the law.
-ERD50
Laurence said:Quote from: ERD50 on Today at 07:31:53 PM
What makes a pay-day loan place 'evil'? They offer a service, if you don't like the terms go somewhere else.
Now, if they *misrepresent* the terms - that is evil. It is also illegal, so lock 'em up for breaking the law.
-ERD50
Just like a crack dealer! Most of the Marines around here get stuck in a cycle they can't break out of, paying the usery rates with a larger and larger percentage of their paycheck, and having to take out more loans because they run out of money even earlier in the month. Many are losing their clearances and can't serve overseas. You can blame the Marines, but the bottom line is these "lenders" leave carnage in their wake.
jazz4cash said:I do think the Payday Loans are abusive, if not evil.
Being in debt may remove a Marine's security clearance, but it won' t keep them from being deployed to Iraq.Brat said:Humm, a Marine doesn't want to go to Iraq. All s/he needs is to get behind with a pay-day lender?? If I were their Momma I would say, "Go for it." I would pay the slime-bag back after we are out of there, your life is worth many times that much!!