Social Lending

September 11, 2008 · Posted in Business 

Social LendingIt occurred to me that I haven’t talked a lot about money on this blog. Probably because to be quite honest, I am horrible with it. However, I am a MASTER of thinking outside the box. Check out this review I did on social lending. Honestly social lending will one day be the future of lending, it is a win win situation for both the consumer and the lender, and if the lender is managing risk properly, will yield a much higher return on their investment than traditional interest loans.

This is honestly one of the most creative ways I have ever seen a bank offer lending, for small personal loans up to $25,000 it is ingenious. To empower the lendee to ultimately lower their already low interest rate by selling the banks product, everybody wins. If you like facebook, myspace or any other social web sites, and you are currently carrying debt and are interested in consolidating, or need some extra money for some reason, I would highly consider checking out Zopa Personal Loans
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