The state regulators have officially cleared the path for Pennsylvania residents to resume lending on Prosper. We have reviewed the final compliance terms and confirmed that all restrictions are lifted.
December 7, 2008
Final supporters
Updates
October 3, 2008
The current momentum confirms that regulators must address our concerns regarding the platform's restrictions. I am now drafting formal letters to the Department of Banking to request a direct meeting on this matter.
Reached 100 supporters
October 3, 2008
14 Comments
tired of PA blocking things for no good reason. this is my money.
Why do they always block us from these platforms? Just leave us alone to manage our own accounts.
Absolute joke. If I lose money that is on me not the government.
Ridiculous that the state thinks they know better than me what to do with my own cash. Let us lend already.
Pennsylvanians want to lend too!
Pennsylvanians want to lend too!
It's my money PA, I should be able to take risks with it how I please.
Investors should be able to make their own decisions about the risks and rewards of investing. In this case state "protection" does more harm than good.
Why limit the opportunity presented to people to earn more on their savings.
I guess only "accredited lenders" have the right to make money?
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The state regulators have officially cleared the path for Pennsylvania residents to resume lending on Prosper. We have reviewed the final compliance terms and confirmed that all restrictions are lifted.
December 7, 2008
Final supporters
Updates
October 3, 2008
The current momentum confirms that regulators must address our concerns regarding the platform's restrictions. I am now drafting formal letters to the Department of Banking to request a direct meeting on this matter.
Reached 100 supporters
October 3, 2008
14 Comments
Stop the nanny state interference. I want to earn interest through Prosper like everyone else in the country.
tired of PA blocking things for no good reason. this is my money.
Why do they always block us from these platforms? Just leave us alone to manage our own accounts.
Absolute joke. If I lose money that is on me not the government.
Ridiculous that the state thinks they know better than me what to do with my own cash. Let us lend already.
Pennsylvanians want to lend too!
Pennsylvanians want to lend too!
It's my money PA, I should be able to take risks with it how I please.
Investors should be able to make their own decisions about the risks and rewards of investing. In this case state "protection" does more harm than good.
Why limit the opportunity presented to people to earn more on their savings.
I guess only "accredited lenders" have the right to make money?
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Stop the nanny state interference. I want to earn interest through Prosper like everyone else in the country.