Saving Time on Prosper.com
One way to save time on prosper is to ignore listings that have more than two or three days left. These three to ten day listings can waste a lot of time for many reasons including:
-The rates often have not been bid down meaning that you may end up bidding on listings that ultimately you will be uninterested in.
-Borrowers often withdraw requests for varied reason including changing group affiliation and noticing that they are not getting attractive bids.
During this time your bid money is locked up, not earning interest and not available for other, more interesting offers.
So what until the last few days before placing your bid, you’ll get to spend more time analyzing fewer listings.
When you get a pleasant surprise.
I agree with you completely. I've notified Prosper about lack of interest in their account. They said they're looking into it.
Gene | October 28, 2006 09:15 PM