Person-to-person lending site Prosper is offering new lenders a $104 bonus for the first 200 people to complete a new lender application, starting at Noon Pacific on Wednesday 4/27. You must reinvest the bonus into Prosper loan notes, which you can later sell or collect loan payments from until they mature. I really don’t like these types of promos because it’s hard to know if you’ll actually qualify for the bonus. If you’re interested, definitely apply as close to the start time as possible.
To be eligible for the bonus, you must complete the Prosper Lender Registration process starting at noon Pacific Daylight Time on Wednesday , April 27, 2011 (the “Promotion Date”). Only the first 200 customers who complete the process will be eligible for the $104 bonus. The $104 bonus can only be used for investments in Prosper Notes; at its discretion, Prosper may withdraw the bonus in the event that the funds are not invested within 14 days of the Promotion Date.
If you are an existing lender, you probably go the e-mail that they are currently offering 4% cashback for manual investments in their “featured” listings.