On Friday, 10/21/2011, Bay Area-based P2P company Prosper will be running a one-day promotion offering to make borrowers’ 2nd payment, up to $250.*

If you apply for a new loan before midnight on Friday, Oct. 21, 2011, Prosper will make your second payment for you. To be eligible for the offer, you cannot have posted a loan listing on Prosper.com within the past 30 days, and you must submit your listing between 12:01 AM and 11:59 PM PST on 10/21/2011. The offer is valid for all rates and terms with the exception of 1yr. AA loans.

A simple way to take advantage of the offer is to click on the promotional link on the homepage at www.prosper.com.

THE FINE PRINT
* To be eligible for the second month payment offer (i) you cannot have posted a loan listing on Prosper.com within the past 30 days; and (ii) you must submit a loan listing by 11:59 am PT on October 21, 2011, that loan listing must result in an originated loan, and your first payment must be received by its due date. If you meet these criteria, Prosper will credit your second required loan payment up to $250 prior to the due date of the second payment. This promotion cannot be combined with any other promotional offer from Prosper. Offer not valid for 1 year AA loans. Eligibility for a loan is not guaranteed and requires that a sufficient number of investors commit to fund your loan. Refer to Borrower Registration Agreement for all terms and conditions. All loans made by WebBank, a Utah-chartered Industrial Bank.