Thursday, June 22, 2006
Online borrowing and lending
I just read about an online person-to-person borrowing and lending site called Prosper.com. It looks really interesting. I'm not sure I'm ready to lend money there yet, but I like that you can lend part of someone's total loan and lower your risk by spreading around the amount you're willing to lend. It's an interesting site and an intriguing idea.