How it feels to lend on Prosper.com

Some slick looking guy comes up to you...

Guy: Hey! I know a guy who needs a loan and is willing to pay X% interest. Do you want to make a loan?
You: Oh. For how long?
Guy: Three years.
You: Okay. Well can I sell off the loan?
Guy: Maybe later. But for now you can't.
You: So I'd be stuck with it?
Guy: Yeah. For now.
You: Ok. What's his name?
Guy: Uh...well I can't tell ya.
You: Where does he live?
Guy: I can't tell you that either.
You: How about a phone number.
Guy: Nope.
You: Then how can I tell if I'll get my money back?
Guy: Well, I can give you a summary of his credit history...
You: A summary?
Guy: Yeah...and a credit grade.
You: Oh a credit score.
Guy: Not a score, a grade.
You: Uh, ok. Does it tie into something like Experian scores or something.
Guy: Kind of.
You: Kind of?
Guy: Well, they're supposed to but they're not a reliable measure.
You: I see...well what's he make? How's his debt load?
Guy: He says he's got a low debt load and makes somewhere between $XX,XXX and $YY,YYY a year.
You: You mean you don't know?
Guy: Well, I don't actually verify those details. But I can verify his identity.
You: The identity that you can't tell me.
Guy: Yep.
You: And what happens if this guy doesn't pay back the loan? Then can I go after him?
Guy: Oh no no no. I handle that.
You: You do? How?
Guy: Well, I turn the loan over to a collections agency.
You: Are they any good?
Guy: No. Not really.
You:
Guy: What?
You: So let me get this straight. You want me to lend money to someone that I don't know, that you won't tell me, based on a credit grade that's not reliable, a summary report, and a bunch of information that you don't verify. And if the loan goes bad, you turn the loan over to a collections agency that has poor performance.
Guy: Exactly!
You: And why would I want to do this?
Guy: Because...*flips hair back"...I'm COOL!
You:
Guy: Hey...hey where are you going? Ah who cares...hey you...I know a guy who wants a loan...