Zing Funding to Launch?

I received a rather unusual linked in connection request today… I thought it was out of the blue and almost deleted it… (It may have been out of the blue, but since I cover p2p lending I thought I would take the opportunity to scope/scoop the story.)

The website just has a sign up form to collect your email: Zing Funding

I was able to find some information on several public linked in pages.

From the public profile of Robert Gloer President and CEO at Zing Funding LLC:

Zing Funding LLC D/B/A ZingFunding.com is a Peer to Peer or Social Lending Firm based in the Atlanta GA area. Zing will be launched live at www.ZingFunding.com in October 2008. Investors can lend capital to individual consumers via the internet - consumers can borrow from individual investors. The process allows investors to make a greater ROI than they can typically get from banks and consumers get typically lower rates than they could get from a bank for an unsecured loan or credit card. Zing Funding does all credit due diligence on the consumer and provides the investor a ZingAdvantageScore which will be a far greater credit profiling tool than the traditional FICO score alone. Keep an eye on it - it’s going to be big…… We will be creating the same great culture we had at First Franklin…..

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Carnival of P2P Lending #9

Welcome to the 9th addition of the Carnival of Peer to Peer Lending

Editor’s Picks:
P2P-Loans.com presents P2P Lending Grows in Popularity as Banks Slow Lending (Are Individual Lenders Suckers or Savvy?) posted at P2P-Loans.com.

Pinyo presents Why Borrowers With Bad Credit Pay A Higher Interest Rates posted at Moolanomy.

LazyMan presents I Borrowed Money On Zopa. Here’s Why… posted at Lazy Man and Money.

Good Information:
Doug Fuller presents Prosper Debt Sale Update posted at Official Prosper Blog.

Wiseclerk presents MyC4 with new look - currency risk now to be covered by lender posted at P2P-Banking.com.

Rate Ladder presents How Lending Club Deals With 121+ Days Late posted at P2P Lending.

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