Have you seen this?
Lending and borrowing, now on facebook.
We’ve become a furiously entrenched credit economy.
Is the ability to borrow money becoming too easy?
How many facebook friends will be lost over debts unpaid?
At the same time, this really excites me.
The ability to easily and quickly lend money to people who can pay it back
Takes a lot of power away from banking institutions and big lending companies.
Which have become a cartel in Canada
And exercise massive influence all over the world.
The interest rate here is far lower than what I pay on my credit card..
And hey,
Got that great business idea?
Need an investor?
There’s ton of microlenders right there, now at your fingertips.
Web 2.0… the possibilities are endless.
www.lendingclub.com