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.
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2 comments:
Have you seen www.kiva.org? It's like prosper.com but you get to make a loan to someone in the developing world. You don't get interest, but its really cool and you get to help someone out... plus you can loan as little as $25.
I hadn't heard of it -- thanks for the link. I'm interested in getting involved as soon as we get a handle on the too-many-houses situation.
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