Welcome!
DVD Loans is a group of lenders and borrowers on Prosper, a person-to-person loan market:
Borrowers ask for loans, lenders loan out their money.
By cutting out the banks as middlemen, everybody wins!
Until now, over 1000 loans with over a million dollars have been issued -- so join in.
Borrowing Money
When you borrow money with our help, you don't borrow from a bank or a tranditional lender -- You borrow from other people, just like you. To obtain a loan, you post a loan listing on Prosper, and request an amount between $1,000 and $25,000. You also choose the interest rate! Lenders then can bid on your loan. Once enough lenders have bid, you'll get the money. Each loan has a duration of 3 years, with no prepayment penalties.Ask us, and we'll help you get your loan!
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Lending Money
When you lend out money with our help, you don't invest in faceless corporations that keep most of the money for themselves. On Prosper, borrowers looking for money post loan offers. Each offer shows you the interest rate offered (up to 28.75%), the size of the loan and information from the credit report of the borrower. With a minimum investment of $50, you pick a listing and fund a loan. Once a loan is funded, you'll receive the interest!Ask us, and we'll help you invest in the best listings there are!
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