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Weekend Financial Roundup
  • Clever Dude paid off his car loan early. Oddly enough, I am in the exact same situation - about $3000 on a 1.9% interest loan. And I have to admit, paying it off early is very tempting. However, since the only money I could put towards that is emergency savings money, looks like I’ll be forced to pay it off month by month anyway!
  • Sun Financial is continuing to have problems with unauthorized charges on his American Express card. This is interesting because it shows that while credit cards do usually provide good protection against unauthorized charges, it isn’t always as easy as just making a quick call and getting the charge dropped.
  • Lazy Man and Money further describes his experiences with Prosper.com. I actually went ahead and opened up an account of my own because of this. However, I’m a bit hesitant to put too much money into it without testing the waters first. Unfortunately, since all the loans are three years long, it would take three years to really test the site. Still, I figure I’ll try a $50 loan to one of the “AA” lenders and see how it goes over a few months.


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