Peer-to-Peer Lending

May 15, 2008 on 2:09 pm | In Articles, Bank CD Rates, Economy | No Comments

This is a sponsored article. We’ve added a new section on our website about Peer-to-Peer lending. I’m pretty excited about it. Of course, I don’t want you to take all of your investable funds this route, but a properly managed portfolio can earn you some good returns.

Peer-to-Peer lending basically cuts out the bank and you lend directly to the borrower. For obvious reasons, it is also known as Person-to-Person lending. Prosper is one of the premier services in this area. Your funds aren’t insured like an FDIC insured CD, and you can lose principal, but Prosper goes along way to make sure you know the background of the borrower.

Check out the new section, let me know what you think. Peer-to-Peer Lending.

If you are in the need for a loan and your credit isn’t stellar, check out loans for bad credit.

Signature loans can be another option.
cd :O)