With banks paying virtually nothing in interest on small accounts, I turned to Prosper.com last year to possibly increase my rate of return.  It’s time to see how the initial loans that I made are doing one full year later.

Out of 11 loans, 5 are just about one year old.  In the interest of fairness, we will look at just those five.  I loaned $25  to each of the 5 borrowers for a total of $125, with an unweighted average interest rate of 9.12%.   I have received a total of $48.48 in principal and interest from these loans. Instead of writing this all down, why not review it all in chart form? […]