A website allowing individual lenders to loan directly to borrowers for high rates of interest?
Nonconformist asked:
A year or two ago, I read in Business 2.0 magazine about an internet start up that lets lenders connect with borrowers (that don’t have a high enough credit rating to borrow from banks) and loan out smallish (in the ballpark of 500-2000) amounts of money for 15-20% interest rates. Any idea what the website is?
A year or two ago, I read in Business 2.0 magazine about an internet start up that lets lenders connect with borrowers (that don’t have a high enough credit rating to borrow from banks) and loan out smallish (in the ballpark of 500-2000) amounts of money for 15-20% interest rates. Any idea what the website is?
Here are a couple: