Warning: base64_decode() expects parameter 1 to be string, array given in /home/teamgillett/rateladder.com/wp-content/plugins/askapache-google-404/askapache-google-404.php on line 156
P2P Lending in Miami Hearld | P2P Lending, Peer to Peer Lending, People to People Lending | P2P Lending News, Information, Borrowing and Lending Strategy

P2P Lending in Miami Hearld

The P2P lending buzz is everywhere…

Today it is in the Miami Herald: Anyone can be a banker with peer-to-peer lending

When Walter Kond needed $25,000 to buy a shipment of home-theater seats for his Hialeah company to resell, he didn’t go to the bank. He went online. Kond posted a loan request on Prosper.com and a few days later, more than 300 absolute strangers had pooled together the cash for a three-year loan at 13 percent interest.

Welcome to the world of peer-to-peer lending — where anyone with Web access can be a banker and small business owners like Kond are finding a new way to raise cash.

Related posts:
If you liked this article, vote for it on del.icio.us and stumbleupon.


Categories:

Lending Club, News, Prosper.com, Zopa



0 comments ↓

There are no comments yet...Kick things off by filling out the form below.

Leave a Comment

aa algorithm axis azerbaijan banks benefit blog borrowers ceo Collections credit grade credit history credit information credit score curves doug fuller email friends and family good luck google income borrowers interest rate interest rates investments launch lenders lending institutions liquidity loans marketplace money mozambique peer to peer lending portfolio plan private data promissory notes quiet period registration statement risk securities and exchange securities and exchange commission spreadsheets sql student loans Zopa