Monday, March 19, 2007

Bankruptcy! Losing money on prosper.com

I lend money on prosper.com. It's a peer to peer lending service.
I just got my first default. Poor old henryjr declared bankruptcy and with it disappeared $93.52 of my money.

Overall, I'm up
$263.89 but a couple of other folks are 3+months late on their loans. This is the part where it gets a little scary.