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prosper Finance mentoring?

August 14th, 2007 Posted in Mentoring
mentoring
Ellyn C asked:

I am trying to pay off my bills at an accelerated rated and was accepted by prosper finance for a mentoring program. Down fall is tution is over 6000.00 They say if I am adament, the course will pay for itself within the first year. They provide a weekly telephone consultation/lesson/homework. Has anyone done this and what were the results. It sounds good but don’t know if I should spend the 6000.00, Thanks
They do have a web site and look possibly legit, but I don;t think I’m gonna do it, just wondered if anyone has.


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  1. One Response to “prosper Finance mentoring?”

  2. By Yanswersmonitorsarenazis on Aug 16, 2007

    That’s absolutely ridiculous. There’s no possibility that you paying $6000 to them will save you money.

    Don’t do it. Don’t even think of considering it any longer than you already have.

    There are dozens of resources that are free or charge very little. Call a consumer credit counseling service. Do not do their payment plans. Make them offer you the free credit counseling that they are required to offer by law to get their non-profit status.

    My best guess is that this “mentoring” program is a big scam. You will be able to accelerate your debt payoff by recruiting other people to pay $6000 and you get a cut of the money. I’d bet money this is simply a pyramid scam that is actually illegal.

    The library also has tons of free books on personal finance, budgeting, anything you need. FREE.

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