apparently P2p for loans is becoming very popular, especially when the loans needed are relatively small and since the large banking institutions have tightened their credit standards for giving out loans. heres another news story
http://www.businessinsider.com/how-to-choose-the-best-peer-to-peer-lending-site-2011-3
-aaron meeks
This is really interesting. The idea of P2P loans has never been something I've thought about, but after reading that article, it seems they certainly are on the rise. The article does a really good job of breaking down the different types of loans available through this system and telling you what to expect from a variety of different P2P loan companies. With the shape of banks and the economy, this is certainly a new take on how to start up or continue funding your projects or business.
ReplyDeleteTheres a website where people from 3rd world contries post their ideas and if you like their invention or new business you can help finance it ! I think this is a great way to help those in need, and if everything goes as planed you can actually earn a littly profit from your investment.
ReplyDeleteInteresting concept. Never really thought of using p2p for loans or anything other then file sharing. I also agree with Erin it's a nice way to fund short term projects.
ReplyDeleteI've never heard of this. Is this relyable? I think I'd have to do some more research...
ReplyDelete