Free Bonus Money with P2P Lending
By Patrick on Mar 5, 2008 in Alternative / Passive Income, Deals
The person to person lending companies, Prosper and Lending Club are currently offering Bonus money for new customers. Here are the details about how you can take advantage of these deals:
Prosper $25 Sign-up Bonus
Prosper is also giving new lenders $25 to sign up, and either $25 or $50 for referring new customers. The Prosper bonus requires new lenders to make a loan before they will receive their $25 bonus. The minimum loan is $50, so it will actually cost you money to take advantage of this offer. However, you stand to earn interest from your loan, and if you can refer a few people, you can make even more money.
Prosper’s referral program. Prosper currently gives a referral bonus of either $25 or $50 for referring new lenders and borrowers, respectively. The bonus is larger for referring new borrowers because Prosper is in the business of facilitating loans. Prosper bonus money is not paid unless the person you refer either makes a loan or borrows money within 90 days of signing up through your referral link.
Lending Club $25 Sign-up Bonus
The Lending Club Referral program has been temporarily suspended. You gotta move quickly on these deals! 
I love free money!
Signing up for Lending Club was a great deal (it only required you to sign up to receive the bonus)! The Prosper referral offer is still a good deal, but does require a small initial investment on your end.
Please note, this information is correct at the time of publication, and you should always do your research before investing!
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1 Comment(s)
By Ron@TheWisdomJournal on Mar 5, 2008 | Reply
If anyone has any doubts about these programs, I can personally attest to the validity of the $25!
Thanks for pointing me this direction Patrick.