Prosper has a good bonus deal for new lenders. Those who invest $20K by July 31, 2011 can get a new Apple iPad 2. The promotion is scheduled to end on June 30, 2011.
Prosper has the details on its promotion page
Some of the important small print includes:
This offer applies only to new Prosper lenders who (i) open a Prosper investment account between June 13, 2011 and June 30, 2011, and (ii) satisfy the following investment thresholds by July 31, 2011: 1) $5,000 to $9,999 for an iPod Nano, 8 GB ; 2) $10,000 to $19,999 for a set of Bose QuietComfort 15 Noise-Cancelling Headphones, and 3) $20,000 or more for an iPad 2 32 GB WiFi model. Only investments that become funded Notes by July 31, 2011 will be counted towards the investment thresholds.
All promotion awards will be ordered by August 26, 2011 for delivery to the lender's address on file. Promotion awards are subject to availability and quantities may be limited; Prosper reserves the right to substitute an Apple Store gift card of equal value. Lenders who receive promotional offers from Prosper may be subject to IRS Form 1099-MISC reporting requirements should the total value of those items exceed $599 in a calendar year.
Prosper is a person-to-person lending service that removes the bank from the process. Accounts are NOT FDIC insured
. Prosper is advertising actual returns (based on its history) of 10.4%. Of course there's a chance of loss if borrowers default.