Comments on: How much money should I bid on Prosper loans? http://www.easyprospertips.com/prosper/how-much-should-i-bid-on-my-prosper-loans Fri, 21 Nov 2008 10:03:43 +0000 http://wordpress.org/?v=2.3 By: knix http://www.easyprospertips.com/prosper/how-much-should-i-bid-on-my-prosper-loans#comment-1042 knix Mon, 21 Apr 2008 22:34:54 +0000 http://www.easyprospertips.com/prosper/how-much-should-i-bid-on-my-prosper-loans#comment-1042 Hi Tom, I usually bid on loans during the last couple of hours before they end. This way, you have a better chance of winning the bid. Also, I would avoid whole integer percentages for the interest rate. For example, if you were planning to bid on a loan at 15%, try using 14.99% instead or even 14.95%. This is a tiny trick that will work better for you in the long run =) Hi Tom,

I usually bid on loans during the last couple of hours before they end. This way, you have a better chance of winning the bid. Also, I would avoid whole integer percentages for the interest rate. For example, if you were planning to bid on a loan at 15%, try using 14.99% instead or even 14.95%.

This is a tiny trick that will work better for you in the long run =)

]]> By: atf101 http://www.easyprospertips.com/prosper/how-much-should-i-bid-on-my-prosper-loans#comment-1020 atf101 Sat, 19 Apr 2008 15:25:18 +0000 http://www.easyprospertips.com/prosper/how-much-should-i-bid-on-my-prosper-loans#comment-1020 As a newbee to prosper, I thank you for this valuable information. Are manual bids better having your bids picked for you? I have tried both, but I keep getting out bid when I do it manually. Thank you, Tom As a newbee to prosper, I thank you for this valuable information. Are manual bids better having your bids picked for you? I have tried both, but I keep getting out bid when I do it manually.
Thank you,
Tom

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