My first winning bid at Prosper seemed to be stuck in limbo for about a week. Turns out the borrower had not verified their checking account with Prosper and the loan was cancelled after 7 days. Frustrating because it locked up the money ($100) for the entire time. The money was released back to my account and I bid on a couple other loans.

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Logged on this morning to send out a referral and saw this:

Thank you for your interest in the Refer a Friend program. As you are probably aware, on January 19, 2006 we introduced the Winter Save Up Sale, which helps you to save even more money.

We have temporarily suspended the Refer a Friend program. Please check back after the Winter Save Up Sale is over for further details.

Don’t worry, all of your current referrals are still active and will continue to follow the ‘Program Details’ below.

Seems sort of silly to me.  Perhaps they think they’ll get all the new accounts they need with just the promotion.  (HSBC has a better rate in any case…)