anyone used zopa or prosper.com before?

Question

basically its a peer to peer lending system which allows borrowers and lenders exchange transactions without any banks acting as an intermediary. Interesting as it might sound, I feel very skeptical about the idea. But I was just wondering if anyone used this system before.
For better explanation
https://youtube.com/watch?v=D4vA6yDkr0A
or just go to the website

kevk87 · Answer

basically its a peer to peer lending system which allows borrowers and lenders exchange transactions without any banks acting as an intermediary. Interesting as it might sound, I feel very skeptical about the idea. But I was just wondering if anyone used this system before.
For better explanation
https://youtube.com/watch?v=D4vA6yDkr0A
or just go to the website

wallstreetcappers · Answer

I have a friend who is using prosper. Not my cup of tea but I guess some people really benefit from it.

Lippsman · Answer

I would be a bit iffy on it.  Maybe if you loaned your money out to a few people to cut the chance of someone cutting and running on you. &#xD;&#xA; &#xD;&#xA;Just don&#x27;t like the idea of loaning out money on something that&#x27;s not secure.  I think I would rather just put my money in a CD before I did this.

anyone used zopa or prosper.com before?

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