Towards the end of July I wrote a review on the people-to-people lending marketplace known as Prosper.com. If you missed it, you can read it here. The basic idea though is this, people lend money to each other and both sides benefit. The borrower gets a loan at a lower rate then they have with their credit cards or could get at a bank and you the lender gets a rate better than they would get just keeping their money in a savings account or even better than the market (this year for example).
Anyway, its a good service and I’ve been using it since mid 2006 and have been quite pleased with my returns (averaging around 12%). Now let’s get to the purpose of this post.
Get $25 just for signing as a Prosper lender.
If you’re thinking about joining me on Prosper, now is a great time to get started. Prosper has a referral program that will give you $25 just for signing up as a lender and making 1 loan. Here’s the catch. You have to be referred by another Prosper member to get the $25. If you just head over to Prosper.com and sign up, you will not receive the signup bonus.
Luckily though, me being a fellow Prosper member, I’d be happy to refer you. Simply sign up using my referral link, fund a loan, and you’ll automatically receive a $25 credit to your account. Prosper is one simple and fun way to make some extra money online. If you’d like to join me and receive the $25 credit for becoming a lender, simply signup using my referral link below. Just so you know, I also will be receiving $25 for each new member I refer. Check out the rest of this post though to see how you can start doing the same once you join!
My Referral Link
Make $25 or $50 for your referrals
The nice thing about the referral program, is that the actual referrer also receives a credit. If you refer another borrow you’ll receive $50 and if you refer another lender, you’ll both receive $25. So once you join Prosper and get a feel for it, check out the referral program link on their site and refer a few friends and family and place a link on your website. A few referrals a month plus the extra interest income you’ll be making on your loans could really add up!
Want to know more about Prosper?
Check out my review. As always and questions or comments are welcome! Just leave a comment and I’d be happy to answer.