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Finances & Money

Share the Love Review #2 – Rate Ladder

February 23, 2007
By Clever Dude
- Leave a Comment

This issue of Share the Love is to review a site that’s been on my sidebar for a few months now, RateLadder.com:

Rate Ladder

About the Writer
According to Rate Ladder’s About page:

I am 6′10″ played ivy league basketball with an engineering degree in computer science. (So my grammar and spelling excuse is already in the open.) I enjoy reading about technology, Internet, and business in all forms and I love toys.

Dang he’s tall!

Rate Ladder got into the Prosper.com investing game in June 2006 with a couple hundred dollar investment, and now has thousands invested across dozens of loans.

Purpose of the site
Rate Ladder’s purpose is to:

Write about my Prosper.com journey and other personal finance observations

His goal is to:

Generate the maximum return on investment (ROI) with the least amount of risk and have some fun along the way.

Why I linked to this site
Although I am not a Prosper lender or participant, I am highly interested in how it works and the potential for future investing. Rate Ladder performs exhaustive queries and reports against Prosper data, explains risk and rewards, and even has “Lender Games” for participants.

Now, if only I could figure out what “Standing Order” means…

How your site can be featured on Share the Love

Reader Interactions

Comments

  1. RateLadder.com - Prosper Lending Strategy, Loans, and Rate analysis says

    February 28, 2007 at 10:04 am

    Thanks for the mention… A Standing Order is an order that meets certain credit and interest requirements. When a loan that matches is found the standing order bids on the loan for you automatically. If done right standing orders take away a lot of the work.

    Reply
  2. RateLadder.com - Prosper Lending Strategy, Loans, and Rate analysis says

    April 15, 2007 at 10:13 am

    Dude —
    Are we no longer link exchanging? What happened to my link?

    Reply

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