Apple User Group on Prosper has moved to a new home at Mac Lenders
Prosper is a marketplace for credit that enables people to lend money to other people in a safe, efficient manner. Prosper is a leap back to a time when people formed credit communities to help themselves live better lives and earn a fair return on their money. Prosper's founding principle is that people from close communities act more responsibly towards each other. Prosper leverages this powerful concept of group responsibility and applies it to person-to-person lending—resulting in better interest rates for people that borrow and lend.
Borrowers join groups like the Apple User Group to request loans up to $25,000 by posting listings indicating the maximum interest rate they wish to pay. Lenders search for and select these listings based on the borrower's credit, debt profile, and group affiliation. Lenders bid on listings by indicating a minimum rate they are willing to accept. When a loan is matched between borrower and lender, Prosper handles all of the tasks needed for payment and collection of the loan.
The Apple User Group is a lending group for those wishing to purchase either a Macintosh or Apple iPod and Macintosh Enthusiasts wishing to consolidate dept.
Borrowers:
The Apple User Group provides 0% financing on 3% of any loan being used for a computer or iPod purchased through me via the Apple Online Store. Borrowers with higher credit scores and lower debit to income ratios will receive more funding for their loans at your lending rate. Our offer is:
| Credit Rating |
Percent Offered* |
Rates Offered |
| AA Rating: |
up to 35% of loan |
7-9% |
| A rating: |
up to 30% of loan |
8-11% |
| B rating: |
up to 25% of loan |
10-13% |
| C rating: |
up to 20% of loan |
11-16% |
| D rating: |
up to 15% of loan |
15-23% |
| E rating: |
up to 10% of loan |
22-27% |
| NC rating: |
up to 6% of loan |
23-27% |
| HR rating: |
up to 5% of loan |
27.5% |
Lenders:
Our group of borrowers are Apple enthusiasts, first time buyers, and switchers to the Mac platform. As group leader and lender, I talk to each group member to help create loans for purchases that are within their abilities to repay in a timely manner.
Computer Buyers:
As an Apple Authorized Business Agent, I offer assistance on system configuration and can obtaining discounts when purchasing new computers from the Apple Online Store. I help switchers from Windows configure their computers with the software and hardware needed to make a seamless switch. I also help first time computer purchasers set up a system that best fits their needs and budget.
Listings:
All borrowers should read our Loan Listing Tips and Tricks before posting a new loan request!
* Percent offered is the amount of the loan the group leader is willing to finance, other lenders on prosper will finance the remainder of the loan at various rates. |
