tag:blogger.com,1999:blog-1275996914383242610.post3508535381582126155..comments2023-10-31T02:27:18.201-07:00Comments on Her Every Cent Counts - a quarter life crisis, and change: Loans Between Friends - Not Always a Good Ideaher every cent countshttp://www.blogger.com/profile/03559826632110489586noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1275996914383242610.post-70919789439310693172009-01-04T22:06:00.000-08:002009-01-04T22:06:00.000-08:00The most I've lent is a couple of hundred bucks bu...The most I've lent is a couple of hundred bucks but I always got it back.<BR/>Now, family - well, that's another story ...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1275996914383242610.post-64237570637386475482008-12-29T16:34:00.000-08:002008-12-29T16:34:00.000-08:00i lent my uncle $100 and have yet to see it 9 mont...i lent my uncle $100 and have yet to see it 9 months later, but i'm glad i gave him a chance :) he's burned everyone else in our family, but i thought this time would be different - oh well.<BR/><BR/>on the other hand, i've lent my brother $1200 in the past and gotten that back though! as for friends, i think most i ever gave out (or was asked) was like $20 bucks here and there - and i probably got it back 50% of the time, but no worries.<BR/><BR/>i haven't and prob. won't test proper.com and the like, but i'll give a person a chance every time :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1275996914383242610.post-7520630349703729172008-12-29T11:01:00.000-08:002008-12-29T11:01:00.000-08:00Ditto using Lending Club. Way better than Prosper....Ditto using Lending Club. Way better than Prosper. I've had no defaults so far with Lending Club.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1275996914383242610.post-77347647337259732832008-12-28T11:29:00.000-08:002008-12-28T11:29:00.000-08:00Hey Lizzie, I just signed up for Lending Club but ...Hey Lizzie, I just signed up for Lending Club but have yet to make a loan on it. I'm excited to try it out. I've heard good things about it and when I get enough money together I'd like to see how my loans do on there compared to Prosper.<BR/><BR/>That's cool that you borrowed money from friends and paid it back. My friends, I know, would try their best to do the same. However, sometimes things in life happen that make repayments impossible. That's why banks exist in the first place. So I'm not sure what I could do if a friend came to me in need of a loan. I'd prefer they go on a site like Prosper or Lending Club, and I'd give theme a loan that way, prob.her every cent countshttps://www.blogger.com/profile/03559826632110489586noreply@blogger.comtag:blogger.com,1999:blog-1275996914383242610.post-7080662786861744652008-12-28T07:50:00.000-08:002008-12-28T07:50:00.000-08:00I actually never lent to friends, but my friends l...I actually never lent to friends, but my friends lent me when I needed it (more than $30K collectively), and I paid it back with interest in 4 yrs. I would have not ruined my friendships for money.<BR/><BR/>Now, I use Lending Club while Prosper is in quiet period, and to be honest, I'm enjoying it more so far: better quality borrowers (in general), no bidding, lower default rates (around 3%) and starts at $25. Only time will tell if I go back to Prosper. Have you tried any other P2P lending site?Anonymousnoreply@blogger.com