Comments on: SEC Outlaws Interpersonal Loans http://www.nothirdsolution.com/2008/11/27/sec-outlaws-interpersonal-loans/ Blogging about liberty, anarchy, economics and politics Fri, 19 Mar 2010 13:19:58 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Brad http://www.nothirdsolution.com/2008/11/27/sec-outlaws-interpersonal-loans/comment-page-1/#comment-4646 Brad Sat, 29 Nov 2008 04:07:07 +0000 http://www.nothirdsolution.com/?p=1461#comment-4646 I have been using Prosper for over two years. Rate of return was around 12%. Sure, I had some people default on loans but I took a risk on them. I changed my investment strategy (kind of like what mortgage companies are having to do now) and its slowly growing. I took money out of my account last week for the first time since I can't re-invest it now. Too bad. The site was growing and becoming more user friendly. I have been using Prosper for over two years. Rate of return was around 12%. Sure, I had some people default on loans but I took a risk on them. I changed my investment strategy (kind of like what mortgage companies are having to do now) and its slowly growing. I took money out of my account last week for the first time since I can’t re-invest it now. Too bad. The site was growing and becoming more user friendly.

]]> By: anarcho-mercantilist http://www.nothirdsolution.com/2008/11/27/sec-outlaws-interpersonal-loans/comment-page-1/#comment-4637 anarcho-mercantilist Thu, 27 Nov 2008 17:54:56 +0000 http://www.nothirdsolution.com/?p=1461#comment-4637 David, you seem to defend Prosper, which is another a government-granted patent monopoly. See in the <a href="http://www.prosper.com/about/" rel="nofollow">about page</a>: "Prosper's marketplace platform is patent pending." David, you seem to defend Prosper, which is another a government-granted patent monopoly.

See in the about page:

“Prosper’s marketplace platform is patent pending.”

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