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…..

Blog Traffic Exchange Related Posts
  • blog traffic exchangeProsper.com and Your Emergency Fund I was reading an article on bankrate.com about Using a CD Ladder as Parking Locations for Your Emergency Fund. One of the big problems with a CD Ladder is the finite number of times you can withdraw money without a fee. Another big problem is length of time it......
  • RateLadder.com LoanNew Loan Funded — Financial Freedom / Credit Card Consolidation — $25,000 at 11.44% — AA Credit — DTI 37% A new loan funded (Financial Freedom / Credit Card Consolidation – $25,000 at 11.44%).  I participated via my standing order RL Overlooked.  The borrower had AA credit, a 37% DTI.  As a reminder my standing orders (and manual bids) only find loans with 0 current delinquencies, 10 or less delinquencies in the last 7......
  • RateLadder.com LoanNew Loan Funded — Consolidate Personal Credit — $20,000 at 18.00% — C Credit — DTI 22% A new loan funded (Consolidate Personal Credit — $20,000 at 18.00%).  I participated via my standing order: Mid DTI — NAF.  Which is this loan was funded as a medium debt to income ratio and was an auto-funding loan.  The borrow had C credit and 22% DTI.  As a reminder......
  • RateLadder.com Loan AnalysisAnalyze a Loan Using Crystal Report and Data Export Since starting this blog I have reviewed several loans.  Since then I have developed a basic crystal report to analyze a loan (DTI, Amount, Credit, and Lender Rate) in the context of all loans on Prosper.com.  The report takes as import the credit grade and the debt to income ratio.  It then filters the loans......
  • blog traffic exchangeSub-Prime Mortgage Meltdown What opinions do you guys have on how the sub-prime mortgage meltdown will affect peer to peer lending?  I'll confess I'm still spooked at the moment and working to draw down my balance at Prosper.  From things I've been reading, it would appear that the worst is still yet to......
Online Stores
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