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I wish there was a p2p lending program where I could make some cash and people with good credit could borrow for better rates than banks offer.
by test6554 4y ago
I wish there was a p2p lending program where I could make some cash and people with good credit could borrow for better rates than banks offer.
- lotsofpulp 4y agoThere is, just put a sign outside your door or post an ad on Craigslist/Facebook/etc. Although, I hope you have a good reason to think you are better at predicting probabilities of default than professional lenders with teams who do it day in and day out.
- PubliusMI 4y agoMany professional lenders face regulatory challenges that a small private lender might not face. For example, a professional lender is likely to face greater scrutiny under the Civil Rights Act.
- njarboe 4y agoLots of companies doing this for awhile. I'm not sure about the rates, but you can find them by googling "best ptp loans for investors" or something like that. https://www.prosper.com/ https://www.prosper.com/ is one, for example.
- supertrope 4y agoIt's called a credit union.
- fundad 4y agoCredit Union?