About a year ago, I loaned $1000 worth of money to the highest risk people on prosper.com, at an average interest rate of 24%. I reinvested returns for about 6 months until I started getting defaults.
So far I've made $186.91 in interest and lost $344 in defaults. If I have no more defaults I'll have broken even after three years.
So far I've made $186.91 in interest and lost $344 in defaults. If I have no more defaults I'll have broken even after three years.