Posts Tagged ‘ PA ’

Prosper no longer allowing PA residents to lend money

I haven’t discussed Prosper.com much on this blog, but it is a peer-to-peer lending site that I have been thinking about getting involved with.  I was looking into the tax implications of peer-to-peer lending before getting started, but I guess I don’t have to worry about that anymore. This morning, I got an e-mail from Prosper – basically, if you’re a resident of PA, you can no longer lend money out or sign up to be a lender.  Seems kind of sudden, despite “ongoing discussions”.  I would be pretty ticked if I were more involved in Prosper. Are you...

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