App Profile: Prosper: Invest
Android / Games / Puzzles
Prosper: Invest
Installs:
Rating:
4.66
Total Reviews:
3.08k
Top Countries:
US
< $5k
/mo
< 5k
/mo
Reviews: What People Think About Prosper: Invest
Pdevery
Rating: 5/5
If you’re looking to diversify your portfolio prosper is a good option. Full disclosure, I consider myself a regular person who tries to invest with his limited knowledge. I am not a banker or financier, just a working professional trying to maximize his money into investments that grow. I saw prosper as an opportunity to do this. Prosper makes it very easy on their app to invest and check your returns. I have been a lender with prosper for at least 5 years now. At one point I was ready to pull my investments from prosper after getting discouraged with some failed repayments by borrowers. While I did withdraw some of my investment, I still kept more than half of my initial capital investment tied into loans. I decided against fully withdrawing and closing my account after realizing it was a safer investment and offered decent but modest returns. If you’re looking for large returns north of 7-8% you’re in the wrong spot. But a return of 4-5% is very possible. You just can’t have all your money tied down in equities. That’s just not safe. And while some prosper investments fizzle when borrowers fail to repay, the vast majority do.
I don’t have a huge sum of money invested in prosper but I like the balance it provides me for my portfolio.
Kayla Pimpinson
Rating: 5/5
I started using prosper about 2 years ago. I put in $2000. My interest rate varies from 11 to 15% increase. I have had one defaulted of $60.
Anytime I have $25 or more pairs back to me, I reinvest it in prosper. I like it, the money you put in SHOULD NOT be your emergency fund or money you “care about”. The loans can be anywhere from 2 years to 5 years so I would t expect getting all of your money back soon. Currently it says I have $2500ish in loans (because I reinvest) and I withdrew almost $400 when I had it in there and needed it.
This is a high risk, I really try to look in the class of loan (AA-E) and the information posted about the person I’m loaning to.
Hope that helps, but again, I like it so far and I hope to just continue to reinvest into more loans and see where that takes me.
Good luck!
Simple-Soldier
Rating: 5/5
For this type of investing, the risk is totally on you. Almost anybody can apply for loan from Prosper. I’ve had borrowers form group A come up late sometimes but if you get greedy wanting a higher return from borrowers in group C, D, E, and HR (High Risk) just know it’s possible they come up late majority of the time and or go into default which ends up as a lost for you. I place higher dollar amounts in AA and A loans. Keep it as minimum as you can for other groups.
About Prosper: Invest
Welcome to Prosper Invest! Our beautiful new mobile experience was designed from the ground up based on feedback from Prosper investors like you.
Now you can easily manage your portfolio anytime, anywhere:
* Set up, review, and adjust your target portfolio allocations using our Auto Invest tool
* Invest manually by browsing and selecting from individual loan listings
* Add cash to your Prosper investment account in one-time, weekly or monthly increments
* View details on each Note you’ve invested in, at a glance
* View your total gain/loss to date
* See how your investments have impacted the lives of borrowers across the country
* Keep tabs on how your portfolio is performing
You must have an active Prosper investor account to use this app.
ABOUT PROSPER:
Prosper was founded in 2005 as the first peer-to-peer lending marketplace in the United States. Since then, we’ve facilitated more than $20 billion in loans to more than 1,000,000 people.
Through Prosper, people can invest in each other in a way that can be financially and socially rewarding. Borrowers apply online for fixed-rate, fixed-term loans between $2,000 and $50,000. Individuals and institutions can invest in the loans and earn solid returns.
For more info or to create a new Prosper investor account, please visit http://prosper.com/invest .
Now you can easily manage your portfolio anytime, anywhere:
* Set up, review, and adjust your target portfolio allocations using our Auto Invest tool
* Invest manually by browsing and selecting from individual loan listings
* Add cash to your Prosper investment account in one-time, weekly or monthly increments
* View details on each Note you’ve invested in, at a glance
* View your total gain/loss to date
* See how your investments have impacted the lives of borrowers across the country
* Keep tabs on how your portfolio is performing
You must have an active Prosper investor account to use this app.
ABOUT PROSPER:
Prosper was founded in 2005 as the first peer-to-peer lending marketplace in the United States. Since then, we’ve facilitated more than $20 billion in loans to more than 1,000,000 people.
Through Prosper, people can invest in each other in a way that can be financially and socially rewarding. Borrowers apply online for fixed-rate, fixed-term loans between $2,000 and $50,000. Individuals and institutions can invest in the loans and earn solid returns.
For more info or to create a new Prosper investor account, please visit http://prosper.com/invest .
File size: 37544960
Launched countries: US
Minimum OS version: 14.0
Release Date: 1566233283000
Published by Prosper Marketplace Inc.
Website url: https://www.prosper.com
Publisher country: US
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