MoneyRates Blog
Social Lending Matches Lenders and Borrowers Online
By MoneyRates team | Money-Rates Columnist
Social lending sites have taken off in 2008 with Prosper, Zopa, and Lending Club already in operation and several new startups expected to be online by the end of the summer. Prosper is the highest profile peer-to-peer lending site in operation today and provides an online bidding system for borrowers to reduce their lending rates [...]
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Social Investing Sites
By MoneyRates team | Money-Rates Columnist
Social investing sites give investors a new way to invest their money, as socially-conscious lenders, either through small loans to third-world borrowers (Microfinance) or through peer-to-peer lending (Social Lending). Both types of social investing are aimed at helping entrepeneurs thrive. The sites below have been reviewed by money-rates.com:
Prosper.comProsper has 490,000 members and offers loans from [...]
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Social Lending Back in the News
By MoneyRates team | Money-Rates Columnist
Social lending has been around for a couple of years now, but is back in the news with the launch of Zopa US this week. Typically, social lending or peer-to-peer lending has allowed borrowers to receive loans directly from other people and not banks or financial institutions. A reduction in loan fees and rates paid [...]
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