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Prosper.com: How to set it up

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Mr.Jan

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Dec 17, 2011, 11:33:10 PM12/17/11
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I just did my third investment in prosper.com and it is getting to be enough to make it worth posting in Quicken. I invest in a package of loans and receive a check every month with interest and principal repayment.
I started to set this up as a savings account but that did not work. I tried broker but not sure how to post the securities. I have 3 now. $50 and $50 (to test the waters) and now $1,000.

Any thoughts on how to record these?

Thanks

Han

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Dec 18, 2011, 8:18:32 AM12/18/11
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"Mr.Jan" <jan.he...@gmail.com> wrote in
news:12705681.840.1324182790367.JavaMail.geo-discussion-forums@vbbeg7:
Did you try
Property and debt|Add a new loan, and then checked Lend money? It may
work for you, although in my testing I wasn't very keen on it.

Apart from the problem of recording these activities, there is doubt as
to whether this site has a good reputation
(<http://badmoneyadvice.com/2010/01/is-prosper-com-a-good-
investment.html>).

YMMV <grin>.

--
Best regards
Han
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