[moneydance] Prosper.com Account Question

[Elana Shenton]

Prosper.com is a peer-to-peer lending system and it's new.  I'm trying it
out with a VERY small amount of money (as a lender) and was wondering about
the best way to track loans with Moneydance.  It's a very interesting
concept but it's so new, I'm not sure it's an investment account or
something else.  It works a bit like an investment account, but you're
investing in people.   They have grades based on their credit score (reminds
me of Morningstar) and you make a decision whether or not to invest in all
or part of the desired loan.  You can put in as little as $50. You bid on
the loan based on interest, so you could bid $50 at 23% on a high risk loan
and you'd get 23% back on that loan (as long as it's paid).  Or it can be
thought of as a CD with a variable yield and risk you won't get some or all
of the money back if the borrower defaults.  As I said, it's interesting.
I'm just not sure how to track it in Moneydance.   I do transfer funds from
my bank account into my prosper.com account and they have to be available
before I can invest in a loan.  Any thoughts?

-- 
Elana Shenton
Personal Blog:  http://www.clampcampus.com
Personal Finance Website:  http://www.moneystuffed.com