Understanding Peer Lending
With Record P2P Loan Growth, Lending Club Raises $25 Million Led By Union Square
GROWTH In Lending-Club-July-2011
Understanding Peer Lending, Club July, July 2011
With Record P2P Loan Growth, Lending Club Raises $25 Million Led By Union Square
Peer-to-peer lending sites are hot again among investors of all stripes. Lending Club today announced a new $25 million Series D financing, led by Union..
Peer-to-Peer Loans Grow
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Some small-business owners, rejected by banks or fed up with bad lending terms, are turning to Internet sites that match borrowers with giant pools of lenders when they need funds.
Peer-to-Peer Loans Grow
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Are you facing a financial crunch? Are you facing a time wherein you need immediate cash but cannot ask your family and friends? Thinking of going in for bank loans but scared of their rate of interest and formalities? Yes we can totally understand your dilemma. Where do you go for help in such a situation? Well, Here’s the Best Solution to Your Problem. Peer to peer networks where lenders and borrowers connect directly, this is a new way to borrow money. Here is how you can now borrow money without much hassle. Advantages of Borrowing Money through Such Platforms: These kinds of platforms offer better interest rates which are lower than the banks. The entire process of borrowing money through peer to peer lending sites is easy and hassle free. The entire head ache can be left to the platform people and all you need to do is just create your own profile and that’s it. There is no prepayment penalty here which is not the case if you go with other options of borrowing. In case you want to rip off your loan early, there is no penalty for that. There is also expert advice available on things like how to improve your credit score and so much more at any given point of time. True and good advice in money matters is always a boon for the customers. At once you can apply to multiple money lenders. This increases the chances of your loan getting sanctioned. And not just this, through a single profile you can apply to multiple money lenders making it easy and quick. Also incase your borrowing amount is high; you can also borrow money from multiple lenders and not restrict yourself to only one.
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Kiva.org: people to people (p2p) loans. Lend as little as $25 to a person in a LDC to start or improve a business.
P2P for B2B = Win Win