Sunday, September 28, 2008

Would you use a people to people lending practice?

Could people to people lending become the norm in the future?

http://www.forbes.com/entrepreneurs/entrefinance/2008/02/11/lending-online-banking-ent-fin-cx_mf_0211capital.html

3 comments:

Cayla said...

I could see looking more into this topic as something to consider when looking to borrow. At the same time it can also be a great investment from the side of the loaner. This article makes me want to look into this topic into more depth.

JuanCruz said...

I could see myself using this kind of borrowing/lending practice, in fact about a year ago I was looking around on the internet an I came across this website called Prpsper which appears on the article and was surprised how the whole thing works. It was a very interesting idea to me at the time but I never decided to give it a try. Don't know why...

Rodger W said...

I think this is a great idea. I've heard of these sites a few years ago but forgot about them. I remember their is a recieveable exchange. Everyone is already prescreened and pre-approved. You can buy their recieveables. The site is called recieveablesexchange. I requested information some time ago. It was informative but I wanted more details, which I did not recieve.