Welcome to Mac Lenders, the official web-page for the Apple User Group on Prosper.com

What is Mac Lenders?

Mac Lenders is a community of Macintosh Enthusiasts who have gathered together to collectively lend funds to existing and new Mac users. We use a P2P money-lending system run by Prosper, whose business model is similar to eBay, but for helping borrowers get low rate loans. Lenders receive the gratification of helping to grow the Mac platform and earn interest on funds they lend. The borrower receives funds to buy a new Mac at a lower interest rate than credit card financing or Apple Credit would provide.

What is Prosper.com?

Prosper.com is an online marketplace for peer-to-peer lending and borrowing. P2P lending allows borrowers to request loans directly from individual lenders, rather than through traditional banks or high interest credit cards. This is especially beneficial for those seeking low rate financing and those who may not be-able to acquire loans via traditional means. Borrowers can request loans up to $25,000, they set the maximum interest rate they are willing to pay and lenders bid on listings based on the borrower's credit rating and offered interest rate.

We are always looking for new lenders and borrowers to join our group. Please take a moment to read more about our group and Prosper by reading the articles below...

Prosper Articles
	Loan Listings Tips & Tricks A must read for borrowers, here are several guidelines that will help your loan fund at the best rate the marketplace can offer.
	Apple User Group Information Page A in-depth look at what the Apple User Group offers borrowers and lenders in the Prosper marketplace.
	Understanding Your FICO Score See what is comprised of your FICO Score and how if affects what credit grade you are assigned, and the interest rate you will be-able to get a loan for.
	Improve Your FICO Score Some basic tips on how to improve your FICO score and get better interest rates.
	The Lenders Prospective Borrowers wanting to understand more about how lenders view you loan, some factors used by lenders to determine if, how much and at what rate they will bid on your loan.
-	Going Interest Rates On Prosper Before composing a loan listing see what the going interest rates are on Prosper for your credit score.