risk

Income-Based Student Loan Payment

How would you like it if your student loan payments came directly out of your paychecks?  Does it sound scary?  Does it sound convenient?  A little of both?  Probably.  It’s called Income-Based Student Loan Payment. Well, that’s what’s being proposed by Wisconsin Republican Representative Tom Petri in a new bill I first read about in the Consumerist. …

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Borrowing on Prosper

I've written a lot about my experience as a lender on Prosper.  Since I first started, Prosper has made huge improvements in their interface and their ability to properly vet potential borrowers.  Default rates have dropped and current investors in low risk loans seem pleased with their returns in the high single digits (Interested in …

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Escape from Prosper

I joined Prosper.com (a sponsor of this site) in May, 2006. This was about a week before I became a parent and about the same time Osama was moving into his new home. I say this because I would love to blame my joining on pregnancy brain or some terrorist plot. However, as in so many …

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