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Pennylicious » Blog Archive » People to People Direct Lending.
   
     
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People to People Direct Lending.

Prosper, a San Francisco company, is using the Internet to match those who want to borrow and those who want to lend money - it’s basically P2P lending!

Link - Thanks Chris Heenan!

Posted on Monday, September 4th, 2006 at 2:00 am
Category: Business & Companies. Feed: RSS 2.0

4 Comments to “People to People Direct Lending.”

  1. Detrater Says:

    Now we need to come up with a way to regulate and tax them to death….Ok, I’m cynical.

  2. Prosper User Says:

    I use this site. It works well.

  3. Lance Says:

    I used Prosper a few months ago for a $5000 loan. The interest rate isn’t pretty, but I really needed some cash to help grow my business as we were in a pinch at the time. It worked well and I think it’s a good option, especially in competition with the usurious payday loan places.

  4. Stephanie Oglesby Says:

    I am interested very much with obtaining a loan. I currently have a couple of questions in mind. 1. Do you any type of program that will let you make payments ofr five years instead of three years. And if so where would I got to apply? I do not make a lot of money and the most I can afford is $200.00 a month payments. Can anyone help me?

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