Cryptocurrency Q&A
What is prosper investment?
What is prosper investment?
Stefano
Mon Oct 21 2024
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7 answers
1773
I'm interested in learning about Prosper Investment. Could you explain what it is, its main features, and how it works in the financial market?
7 answers
EthereumElite
Wed Oct 23 2024
Once a borrower accepts their loan offer, Prosper initiates a verification process. This involves checking the borrower's application information to ensure its accuracy and completeness.
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Lorenzo
Wed Oct 23 2024
Investing through Prosper involves participating in an online peer-to-peer lending marketplace. This platform connects creditworthy borrowers seeking loans with investors willing to fund them.
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Andrea
Wed Oct 23 2024
The verification process aims to protect both investors and borrowers by minimizing the risk of fraud or default. It also helps in determining the interest rate and other loan terms that will be offered to the borrower.
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Elena
Wed Oct 23 2024
On Prosper, borrowers can submit loan requests, outlining their financial needs and creditworthiness. Investors, on the other hand, have the opportunity to review these requests and choose which ones to invest in.
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KimonoSerenity
Wed Oct 23 2024
After successful verification, the loan is officially funded, and the borrower receives the funds. The investors who contributed to the loan start earning interest on their investment, based on the terms agreed upon.
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