I first got interested in social lending when one of my friends gave me a Review of Prosper Loans to read. This was about three years ago now and since then I have been a keen investor into social lending schemes. I now feel that I have a very good understanding on how to choose a loan note that is likely to give me a very good rate of interest on my investment but is also likely to be paid back in full. Because of my greater understanding of how Prosper works I have decided that I am going to increase my level of investment into this social lending network.
I think that I will increase the percentage of my overall capital that I have invested into social lending from 10% up to 50%. I realize that to many people this may seem quite a risky strategy. I do not consider this to be the case so as I have now built up a large amount of experience in this kind of investing.
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