jredlitz
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| Peer to Peer Loans |
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Has anyone here gotten a loan from any of the peer to peer lending sites out there?
i got an unsecured loan from prosper for my busineess (tax prep) for $20,000 for only 8.75%. That was much better than anything any of my local banks would offer!
[solicitation removed]
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Sun Oct 18, 2009 12:13 am |
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No-Brainer
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Location: Oregon USA
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| Re: Peer to Peer Loans |
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quote:
Originally posted by jredlitz
Has anyone here gotten a loan from any of the peer to peer lending sites out there?
i got an unsecured loan from prosper for my busineess (tax prep) for $20,000 for only 8.75%. That was much better than anything any of my local banks would offer!
[solicitation removed]
In your case you got the money, but I can't imagine anyone giving it to you.
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Sun Oct 18, 2009 11:21 am |
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jredlitz
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thats a very rude thing to say.....not very respectful
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Mon Oct 19, 2009 2:47 am |
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No-Brainer
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quote:
Originally posted by jredlitz
thats a very rude thing to say.....not very respectful
That's your problem, it's just the way I see peer to peer loans, extremely high risk for the lender. It has nothing to do with you personally, just the lenders. If you snagged one, more power to you.
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Mon Oct 19, 2009 4:15 am |
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coaster
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quote:
Originally posted by jredlitz
thats a very rude thing to say.....not very respectful
[mod's note] The OP was spam.
~Tim~
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Mon Oct 19, 2009 2:29 pm |
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namratasnv
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Hi,
As far as I have heard about peer to peer landing which is also known as P2P Loans, as there should not be any problem occur during borrowing money from others through sites.
Borrowers can recieve better interest rates and also it is good for investers to yeild better returns.
So, it is good for using such sites for such investments.
Thanks!
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Fri Nov 06, 2009 12:49 pm |
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Elmira Nancy
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I've just hearing about peer to peer loans recently. What do any of you know about it either as an investment or in using as an alternative to bank loans?
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Mon Jan 04, 2010 7:22 am |
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financeculture
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As i know Creditworthy Borrowers create listings for fixed rate personal loans. Lenders looking for a better return and greater transparency invest in individual Americans. P2P Loans are very risky and many people don't opt for this type of loan.
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Fri Nov 26, 2010 11:05 am |
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cdloanmod
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Well this is great discussion about peer to peer loan. I have no idea about it before reading your discussion, this is really useful.
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Tue Feb 01, 2011 12:35 pm |
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AtoZ
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P2P loans were a new concept to me as well, but after doing some work to find out more, it appears they should be considered as a last resort?
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Thu Feb 03, 2011 2:30 pm |
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MrPolarZero
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I would agree that peer to peer lending is quite risky, especially those done in the net. There is often no guarantee on the loaner's part that he will be able to get the money back.
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Fri Feb 04, 2011 5:23 am |
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