February 27, 2010 in P2P Loans | Tags: Business, Certificate of deposit, Investing, Investment, Recession, Stock market, Treasury security, United States
photo credit: Petrick2008
The media have been relentless in their discussion of the current state of the economy. Many Americans have been paying very close attention to economic news headlines, and they’ve been fretting about their declining investment portfolios. This painful recession has prompted many to take step that are tantamount to putting their hard-earned [...]
February 6, 2010 in P2P Loans | Tags: Business, Financial services, Interest rate, Lending Club Borrowers, Loan, New York Post, Person-to-person lending, United States
photo credit: AmandaLouise
With banks constricting their lending opportunities for borrowers these past months, The New York Post’s video about the benefits of person-to-person lending is a short but incisive analysis of the credit program. The concept is simple: financial intermediaries are eliminated but the firm manages to match borrowers and lenders together minus the [...]
October 2, 2009 in Borrowers, Credit Cards, How it Works, Loans, P2P Loans, Peer To Peer Loans | Tags: Borrower, Business, Credit, Financial services, Funds, Loan, Person-to-person lending, Prosper Marketplace
photo credit: A6U571N
Imagine making money like E-Bay, but in the world of loans. Two years ago, if you lent me money with principal and interest from a family member or friend I would’ve said you are “crazy”! But today there is such an opportunity to get a loan from people who want to [...]
March 8, 2009 in Borrowers, Business Loans, How it Works, Investing, Loans, P2P Loans, Peer To Peer Loans | Tags: Business, Credit history, Financial services, Lending Club Borrowers, Loan, Person-to-person lending, Prosper, Unsecured loan
photo credit: karpov the wrecked train
In the past getting a loan used to be a pretty intimidating process, getting dressed in your Sunday best, looking your best and venturing into town to the bank for a date with the Bank Manager. Once there you used to have to throw yourself at the mercy of [...]