New Prosper.com Promotion

June 15th, 2011 by Aaron E

I have reported about previous Prosper.com promotions for a while now. Generally, they have been for existing lenders and involve some form of 1-4% “rebate” on manual bids made to “Featured Listings”.

This week however, Prosper.com seems to be taking a cue from LendingClub and is looking to boost new lenders, not just get existing lenders to invest more. This promotion is on top of the still running 4% rebate on Featured Listings. The new promotion is open to new lenders only, here is what you get:

Invest $20k and get an iPad 2 ($599 value)
Invest $10k and get a set of Bose® QuietComfort® 15 Acoustic Noise Cancelling® Headphones ($299 value) – I don’t usually splurge, but these are probably the best headphones I have ever owned.
Invest $5k and get an iPod Nano ($149 value)

Anyway you slice it, this is basically a “2% to 3% bonus” on your initial funds invested. Assuming you would have bought the items in question anyway.

Please note, I am a lender and of affiliate of both Prosper.com and LendingClub. You can read about my Prosper.com experiences here.

Important: peer-2-peer lending involves risk and is anything but a “sure thing”. Consider reading all of the following links before investing and be sure to only invest an amount that is appropriate for you:

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