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Prosper.com

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Anyone know when they're opening up in Texas again? Or a comparable p2p lending site? Which one if any do you use?

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I'm sure they didn't help the situation. They make enough money but still don't want the competition.

 

I use a credit union. Federal banking institutions make me nervous.

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53 minutes ago, Hastings said:

I'm sure they didn't help the situation. They make enough money but still don't want the competition.

 

I use a credit union. Federal banking institutions make me nervous.

All federal credit unions are insured by the NCUSIF. State-chartered credit unions may be insured by the NCUSIF, or might have their own state insurance or private insurance.

 

are you saying that your credit union is NOT federally insured?  

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That would be risky at best.

 

 

Anyone here use LendingClub?

 

I had numerous loans out at Prosper. They are now winding down... but the passive income stream was very nice. 19%.

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