Sunday, November 18, 2007

Peer to Peer Lending

www.Prosper.com matches people who need small loans (up to $25,000.00) with willing lenders in an Ebay-like fashion. A lower cost alternative to credit cards and unsecured bank loans for borrowers and a way for people to make good returns on their investment dollars as lenders. Borrowers request loans for all kinds of different reasons from debt consolidation to home repairs to business start up capital.

How could this financial tool be of use to you?